UTair Aviation JSC (MIC:UTAR) Days Payable: 24.22 (As of Jun. 2023)


MIC:UTAR UTair Aviation JSC MIC:UTAR
17 GF Score
Price ₽8.25
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What is UTair Aviation JSC Days Payable?

UTair Aviation JSC MIC:UTAR -1.20% 17 Days Payable is 24.22 as of Jun. 2023. GuruFocus rates MIC:UTAR with a GF Score™ of 17/100.

UTair Aviation JSC's average Accounts Payable for the six months ended in Jun. 2023 was ₽5,789 Mil. UTair Aviation JSC's Cost of Goods Sold for the six months ended in Jun. 2023 was ₽43,626 Mil. Hence, UTair Aviation JSC's Days Payable for the six months ended in Jun. 2023 was 24.22.

The historical rank and industry rank for UTair Aviation JSC's Days Payable or its related term are showing as below:

MIC:UTAR's Days Payable is not ranked *
in the Transportation industry.
Industry Median: 38.845
* Ranked among companies with meaningful Days Payable only.

UTair Aviation JSC's Days Payable declined from Jun. 2021 (28.80) to Jun. 2023 (24.22). It may suggest that UTair Aviation JSC accelerated paying its suppliers.


UTair Aviation JSC Days Payable Historical Data

* Premium members only.

The historical data trend for UTair Aviation JSC'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.

UTair Aviation JSC Days Payable Chart

UTair Aviation JSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.25 45.36 37.56 28.91 32.64

UTair Aviation JSC Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Jun22 Jun23
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 32.33 35.27 28.80 23.58 24.22

MIC:UTAR vs DAL, LUV, UAL: Days Payable Comparison

For the Airlines subindustry, UTair Aviation JSC'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.


UTair Aviation JSC Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, UTair Aviation JSC's Days Payable distribution charts can be found below:

* The bar in red indicates where UTair Aviation JSC's Days Payable falls into.


MIC:UTAR
17GF Score
UTair Aviation JSC MIC:UTAR
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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UTair Aviation JSC 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.

UTair Aviation JSC's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

Days Payable (A: Dec. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2019 ) + Accounts Payable (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (3835.531 + 4645.211) / 2 ) / 47425.116*365
=4240.371 / 47425.116*365
=32.64

UTair Aviation JSC's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2022 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (0 + 5788.715) / 1 ) / 43626.342*365 / 2
=5788.715 / 43626.342*365 / 2
=24.22

* 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 24.22 mean?
UTair Aviation JSC (MIC:UTAR) has a Days Payable of 24.22 as of Jun. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on UTair Aviation JSC and its competitors.
Is UTair Aviation JSC's Days Payable too high?
UTair Aviation JSC's current Days Payable is 24.22. The Transportation industry median Days Payable is 38.85. UTair Aviation JSC's value of 24.22 is 37.6% below this industry median. Overall, UTair Aviation JSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does UTair Aviation JSC's Days Payable compare to DAL and LUV?
UTair Aviation JSC's Days Payable of 24.22 can be compared against companies in the Transportation industry. The industry median Days Payable is 38.85. UTair Aviation JSC's value of 24.22 is 37.6% below this benchmark. 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 38.85, 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. UTair Aviation JSC's current Days Payable of 24.22 is 37.6% below 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 UTair Aviation JSC and its competitors. For the Transportation industry, the median Days Payable is 38.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. UTair Aviation JSC's current Days Payable is 24.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UTair Aviation JSC stock overvalued right now?
UTair Aviation JSC (MIC:UTAR) has a current Days Payable of 24.22. The current Days Payable is 24.22 and 37.6% below the Transportation industry median of 38.85. UTair Aviation JSC's overall GF Score™ is 17/100. 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 UTair Aviation JSC (MIC:UTAR), the current Days Payable is 24.22 as of Jun. 2023. 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.

UTair Aviation JSC Business Description

Address Khanty-Mansiysk, Airport, Tyumenoblast, RUS, 628012
UTair Aviation JSC is engaged in the business of passenger and cargo transportation using airplane and helicopter services. It serves primarily Russian oil and gas companies and the United Nations Organisation (UN) outside Russia and offers services such as air transportation, catering, airport services, aircraft repairs, and aeronautical personnel training. UTair operates more than 400 aircraft and its operation is performed in Russia, CIS, and non-CIS countries.
17GF Score

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