Cebu Air (PHS:CEBCP.PFD) Days Payable : 33.24 (As of Sep. 2024)

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What is Cebu Air Days Payable?

Cebu Air's average Accounts Payable for the three months ended in Sep. 2024 was ₱7,612.91 Mil. Cebu Air's Cost of Goods Sold for the three months ended in Sep. 2024 was ₱20,900.17 Mil. Hence, Cebu Air's Days Payable for the three months ended in Sep. 2024 was 33.24.

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

PHS:CEBCP.PFD' s Days Payable Range Over the Past 10 Years
Min: 28.71 Med: 34.62 Max: 47.9
Current: 40.08

During the past 13 years, Cebu Air's highest Days Payable was 47.90. The lowest was 28.71. And the median was 34.62.

PHS:CEBCP.PFD's Days Payable is ranked better than
54.79% of 940 companies
in the Transportation industry
Industry Median: 36.315 vs PHS:CEBCP.PFD: 40.08

Cebu Air's Days Payable declined from Sep. 2023 (37.64) to Sep. 2024 (33.24). It may suggest that Cebu Air accelerated paying its suppliers.

Cebu Air Days Payable Historical Data

The historical data trend for Cebu Air'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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Cebu Air Days Payable Chart

Cebu Air Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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36.91

47.73

36.42

35.52

47.90

Cebu Air Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															37.64	45.18	47.97	42.01	33.24

Competitive Comparison of Cebu Air's Days Payable

For the Airlines subindustry, Cebu Air'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.

Cebu Air's Days Payable Distribution in the Transportation Industry

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

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

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Cebu Air 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.

Cebu Air's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (8635.766	+	11203.782)	/	2 )	/	75586.836	*	365
=	9919.774					/	75586.836	*	365
=	47.90

Cebu Air's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (8656.294	+	6569.534)	/	2 )	/	20900.168	*	365 / 4
=	7612.914					/	20900.168	*	365 / 4
=	33.24

Cebu Air Days Payable Related Terms

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Cebu Air Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Cebu Air Inc (PHS:CEBCP.PFD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CEB:Philippines

Address

Sergio Osmena Boulevard, Basement 2, R 01-02, Robinsons Galleria Cebu, Barangay Tejero, General Maxilom Avenue corner, Cebu, CEB, PHL, 6000

Website

https://www.cebupacificair.com

Cebu Air Inc is a carrier in the Philippine air transportation industry. It has two reportable operating segments, which are the airline business (Parent Company and CEBGO) and the line and light maintenance business (A-Plus). The revenue of the operating segments was mainly derived from rendering transportation services and line and light maintenance services. The Airline Group has a network of distributors in the Philippines selling its domestic and international air services within an agreed territory or geographical coverage. Geographically, it operates in the Philippines, Asia (excluding the Philippines), Europe, and other regions, out of which the majority of the revenue is generated from the Philippines.

Cebu Air Headlines

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