Jazeera Airways Co KSC (KUW:JAZEERA) Days Payable : 35.62 (As of Dec. 2024)

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What is Jazeera Airways Co KSC Days Payable?

Jazeera Airways Co KSC's average Accounts Payable for the three months ended in Dec. 2024 was KWD18.6 Mil. Jazeera Airways Co KSC's Cost of Goods Sold for the three months ended in Dec. 2024 was KWD47.5 Mil. Hence, Jazeera Airways Co KSC's Days Payable for the three months ended in Dec. 2024 was 35.62.

The historical rank and industry rank for Jazeera Airways Co KSC's Days Payable or its related term are showing as below:

KUW:JAZEERA' s Days Payable Range Over the Past 10 Years
Min: 9.26 Med: 26.67 Max: 85.38
Current: 38.39

During the past 13 years, Jazeera Airways Co KSC's highest Days Payable was 85.38. The lowest was 9.26. And the median was 26.67.

KUW:JAZEERA's Days Payable is ranked better than
52.21% of 952 companies
in the Transportation industry
Industry Median: 35.82 vs KUW:JAZEERA: 38.39

Jazeera Airways Co KSC's Days Payable declined from Dec. 2023 (41.23) to Dec. 2024 (35.62). It may suggest that Jazeera Airways Co KSC accelerated paying its suppliers.

Jazeera Airways Co KSC Days Payable Historical Data

The historical data trend for Jazeera Airways Co KSC's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Jazeera Airways Co KSC Days Payable Chart

Jazeera Airways Co KSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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26.37

30.93

14.01

9.26

10.97

Jazeera Airways Co KSC Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															41.23	33.73	57.17	53.87	35.62

Competitive Comparison of Jazeera Airways Co KSC's Days Payable

For the Airlines subindustry, Jazeera Airways Co KSC's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Jazeera Airways Co KSC's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jazeera Airways Co KSC's Days Payable distribution charts can be found below:

* The bar in red indicates where Jazeera Airways Co KSC's Days Payable falls into.

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Jazeera Airways Co KSC Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Jazeera Airways Co KSC's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (4.918	+	6.211)	/	2 )	/	185.169	*	365
=	5.5645					/	185.169	*	365
=	10.97

Jazeera Airways Co KSC's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (30.915	+	6.211)	/	2 )	/	47.549	*	365 / 4
=	18.563					/	47.549	*	365 / 4
=	35.62

Jazeera Airways Co KSC Days Payable Related Terms

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Jazeera Airways Co KSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Jazeera Airways Co KSC (KUW:JAZEERA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kuwait international Airport, P.O. Box 29288, Safat, Kuwait City, KWT, 13153

Website

https://www.jazeeraairways.com

Jazeera Airways Co KSC is a Kuwait-based company that is involved in the business of air transportation and commercial passenger services. The company serves its customers by providing air transportation services including people air transportation, cargo, goods and mail, and aircraft-related services. In addition, the company also provides technical support, handling, and maintenance of aircraft, customs brokerage services, and the establishment of aircraft service stations, warehouses, hangars, workshops, factories, machinery, and devices. It operates a fleet of Airbus A320 aircraft with two-class cabins and serves around 19 destinations across the Middle East. The Company's operating segments are the operation of passenger airline service & the operation and maintenance of the Terminal.

Jazeera Airways Co KSC Headlines

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