Delta Air Lines (LIM:DAL) Days Payable: 39.57 (As of Mar. 2026) — Near Median


LIM:DAL Delta Air Lines Inc LIM:DAL
68 GF Score
Price $93.70
GF Value $54.77
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Delta Air Lines Days Payable?

Delta Air Lines LIM:DAL 68 Days Payable is 39.57 as of Mar. 2026, which is 4% above its 10-year median of 37.87. GuruFocus rates LIM:DAL with a GF Score™ of 68/100 and a GF Value™ of $54.77 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 972 Transportation companies, Delta Air Lines ranks worse than 51.23% on this metric.

Delta Air Lines's average Accounts Payable for the three months ended in Mar. 2026 was $5,598 Mil. Delta Air Lines's Cost of Goods Sold for the three months ended in Mar. 2026 was $12,907 Mil. Hence, Delta Air Lines's Days Payable for the three months ended in Mar. 2026 was 39.57.

The historical rank and industry rank for Delta Air Lines's Days Payable or its related term are showing as below:

LIM:DAL' s Days Payable Range Over the Past 10 Years
Min: 34.1   Med: 37.87   Max: 51.92
Current: 38.24

During the past 13 years, Delta Air Lines's highest Days Payable was 51.92. The lowest was 34.10. And the median was 37.87.

LIM:DAL's Days Payable is ranked worse than
51.23% of 972 companies
in the Transportation industry
Industry Median: 38.905 vs LIM:DAL: 38.24

Delta Air Lines's Days Payable increased from Mar. 2025 (38.87) to Mar. 2026 (39.57). It may suggest that Delta Air Lines delayed paying its suppliers.


Delta Air Lines Days Payable Historical Data

* Premium members only.

The historical data trend for Delta Air Lines'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.

Delta Air Lines Days Payable Chart

Delta Air Lines Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.54 42.66 39.70 35.72 37.51

Delta Air Lines Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.87 37.29 36.52 38.26 39.57

LIM:DAL vs UAL, LUV, AAL: Days Payable Comparison

For the Airlines subindustry, Delta Air Lines'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.


Delta Air Lines Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Delta Air Lines's Days Payable distribution charts can be found below:

* The bar in red indicates where Delta Air Lines's Days Payable falls into.


LIM:DAL
68GF Score
Delta Air Lines Inc LIM:DAL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Delta Air Lines 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.

Delta Air Lines's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (4650 + 5226) / 2 ) / 48052*365
=4938 / 48052*365
=37.51

Delta Air Lines's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (5226 + 5969) / 2 ) / 12907*365 / 4
=5597.5 / 12907*365 / 4
=39.57

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 39.57 mean?
Delta Air Lines (LIM:DAL) has a Days Payable of 39.57 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Delta Air Lines and its competitors. This is near median its historical median of 37.87. Over the past decade, Delta Air Lines' Days Payable has ranged from 34.10 to 51.92. According to the industry distribution chart, Delta Air Lines ranks #498 out of 972 companies in the Transportation industry, placing it in the top 51.2%.
Is Delta Air Lines' Days Payable too high?
Delta Air Lines' current Days Payable of 39.57 is near median its 10-year median of 37.87. Over the past 10 years, this metric has ranged from a low of 34.10 to a high of 51.92. The Transportation industry median Days Payable is 38.91. Delta Air Lines' value of 39.57 is 1.7% above this industry median. Based on the distribution chart, Delta Air Lines ranks #498 out of 972 companies in the Transportation industry, which is below the industry midpoint. Overall, Delta Air Lines has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Delta Air Lines' Days Payable compare to UAL and LUV?
According to the Transportation industry distribution chart, Delta Air Lines ranks #498 out of 972 companies for Days Payable. This places Delta Air Lines in the lower half of its industry. The industry median Days Payable is 38.91. Delta Air Lines' value of 39.57 is 1.7% above this benchmark. Historically, Delta Air Lines' own Days Payable has ranged from 34.10 to 51.92 over the past decade. While the company's 10-year median is 37.87 vs. the industry median of 38.91, Delta Air Lines has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Transportation company?
The median Days Payable among Transportation companies is 38.91, based on 972 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Delta Air Lines's current Days Payable of 39.57 is 1.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Delta Air Lines and its competitors. For the Transportation industry, the median Days Payable is 38.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delta Air Lines's current Days Payable is 39.57, which is near median its own 10-year median of 37.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delta Air Lines stock overvalued right now?
Based on GuruFocus' analysis, Delta Air Lines (LIM:DAL) is currently considered Significantly Overvalued. The stock's GF Value™ is $54.77, compared to a current price of $93.70 — trading 71.1% above its estimated fair value. The current Days Payable is 39.57, which is near median its 10-year median of 37.87 and 1.7% above the Transportation industry median of 38.91. Delta Air Lines' overall GF Score™ is 68/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Delta Air Lines (LIM:DAL), the current Days Payable is 39.57 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Delta Air Lines (LIM:DAL) Overvalued in 2026?

Based on GuruFocus' analysis, Delta Air Lines stock appears to be overvalued. The current stock price of $93.70 is trading 71.1% above its estimated GF Value™ of $54.77. GuruFocus considers Delta Air Lines to be Significantly Overvalued.

Key valuation signals for LIM:DAL:

  • Days Payable: 39.57 (near median its 10-year median of 37.87)
  • GF Value™: $54.77 vs. price of $93.70 (71.1% above fair value)
  • GF Score™: 68/100 with 10 warning signs
  • Industry Position: 1.7% above the Transportation median (#498 of 972)

No single metric tells the full story. See the LIM:DAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Delta Air Lines Business Description

Address Post Office Box 20706, Atlanta, GA, USA, 30320-6001
Atlanta-based Delta Air Lines is one of the world's largest airlines, with a network of over 300 destinations in more than 50 countries. Delta operates a hub-and-spoke network, where it gathers and distributes passengers across the globe through its biggest hubs in Atlanta, New York, Salt Lake City, Detroit, Seattle, and Minneapolis-St. Paul. Delta has historically earned most of its international revenue and profits from flying passengers over the Atlantic Ocean.
68GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$93.70
Price
$54.77
GF Value