Jet Airways (India) (NSE:JETAIRWAYS) Days Payable: 20,578.41 (As of Jun. 2023)

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NSE:JETAIRWAYS Jet Airways (India) Ltd NSE:JETAIRWAYS
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Price ₹34.16
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What is Jet Airways (India) Days Payable?

Jet Airways (India) NSE:JETAIRWAYS 4 Days Payable is 20,578.41 as of Jun. 2023. GuruFocus rates NSE:JETAIRWAYS with a GF Score™ of 4/100.

Jet Airways (India)'s average Accounts Payable for the three months ended in Jun. 2023 was ₹91,244.1 Mil. Jet Airways (India)'s Cost of Goods Sold for the three months ended in Jun. 2023 was ₹404.6 Mil. Hence, Jet Airways (India)'s Days Payable for the three months ended in Jun. 2023 was 20,578.41.

The historical rank and industry rank for Jet Airways (India)'s Days Payable or its related term are showing as below:

NSE:JETAIRWAYS's Days Payable is not ranked *
in the Transportation industry.
Industry Median: 38.695
* Ranked among companies with meaningful Days Payable only.

Jet Airways (India)'s Days Payable increased from Jun. 2022 (15,973.11) to Jun. 2023 (20,578.41). It may suggest that Jet Airways (India) delayed paying its suppliers.

Jet Airways (India) Days Payable Historical Data

* Premium members only.

The historical data trend for Jet Airways (India)'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.

Jet Airways (India) Days Payable Chart

Jet Airways (India) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 136.24 3,065.90 12,715.23 15,505.73 17,821.95

Jet Airways (India) Quarterly Data
Mar17 Mar18 Sep18 Mar19 Jun19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 15,973.11 17,682.44 19,136.24 19,215.38 20,578.41

NSE:JETAIRWAYS vs DAL, LUV, UAL: Days Payable Comparison

For the Airlines subindustry, Jet Airways (India)'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.

Jet Airways (India) Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Jet Airways (India)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Jet Airways (India)'s Days Payable falls into.


NSE:JETAIRWAYS
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Jet Airways (India) Ltd NSE:JETAIRWAYS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Jet Airways (India) 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.

Jet Airways (India)'s Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (85090.7 + 91244.1) / 2 ) / 1805.7*365
=88167.4 / 1805.7*365
=17,821.95

Jet Airways (India)'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: Mar. 2023 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (91244.1 + 0) / 1 ) / 404.6*365 / 4
=91244.1 / 404.6*365 / 4
=20,578.41

* 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 20,578.41 mean?
Jet Airways (India) (NSE:JETAIRWAYS) has a Days Payable of 20,578.41 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 Jet Airways (India) and its competitors.
Is Jet Airways (India)'s Days Payable too high?
Jet Airways (India)'s current Days Payable is 20,578.41. The Transportation industry median Days Payable is 38.70. Jet Airways (India)'s value of 20,578.41 is 53081.1% above this industry median. Overall, Jet Airways (India) has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Jet Airways (India)'s Days Payable compare to DAL and LUV?
Jet Airways (India)'s Days Payable of 20,578.41 can be compared against companies in the Transportation industry. The industry median Days Payable is 38.70. Jet Airways (India)'s value of 20,578.41 is 53081.1% above 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 38.70, based on 968 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. Jet Airways (India)'s current Days Payable of 20,578.41 is 53081.1% 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 Jet Airways (India) and its competitors. For the Transportation industry, the median Days Payable is 38.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jet Airways (India)'s current Days Payable is 20,578.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jet Airways (India) stock overvalued right now?
Jet Airways (India) (NSE:JETAIRWAYS) has a current Days Payable of 20,578.41. The current Days Payable is 20,578.41 and 53081.1% above the Transportation industry median of 38.70. Jet Airways (India)'s overall GF Score™ is 4/100. 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 Jet Airways (India) (NSE:JETAIRWAYS), the current Days Payable is 20,578.41 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.

Jet Airways (India) Business Description

Address 252, LBS Marg, Global One, 3rd Floor, Kurla (West), Mumbai, MH, IND, 400070
Jet Airways (India) Ltd is an international airline operating out of India. The company principal activities include carriage of passengers and cargo in Domestic and International sectors. Passenger tickets may be purchased on its website and through mobile applications. It has arrangements with multiple international airlines to expand global destinations and increase access for customers. Additionally, multiple partnerships with hotels, dining and others allow customers to make accommodations for an entire trip. Geographically, it derives a majority of revenue from India.
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