Air Canada (STU:ADH2) Days Payable : 0.00 (As of Mar. 2024)

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What is Air Canada Days Payable?

Air Canada's average Accounts Payable for the three months ended in Mar. 2024 was €0 Mil. Air Canada's Cost of Goods Sold for the three months ended in Mar. 2024 was €2,831 Mil. Hence, Air Canada's Days Payable for the three months ended in Mar. 2024 was 0.00.

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

STU:ADH2's Days Payable is not ranked ^*
in the Transportation industry.
Industry Median: 38.97
* Ranked among companies with meaningful Days Payable only.

Air Canada's Days Payable stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00). stayed the same

Air Canada Days Payable Historical Data

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

Air Canada Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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Air Canada Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Air Canada's Days Payable

For the Airlines subindustry, Air Canada'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.

Air Canada's Days Payable Distribution in the Transportation Industry

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

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

Air Canada 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.

Air Canada'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
=	( (0	+	0)	/	1 )	/	10719.522	*	365
=	0					/	10719.522	*	365
=	0.00

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

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	2830.821	*	365 / 4
=	0					/	2830.821	*	365 / 4
=	0.00

Air Canada Days Payable Related Terms

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Air Canada (STU:ADH2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air Canada (STU:ADH2) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ACDVF:USA 0SE9:UK AC:Canada ADH2:Bulgaria

Address

7373 Cote Vertu Boulevard West, Air Canada Centre, Saint-Laurent, QC, CAN, H4S 1Z3

Website

https://www.aircanada.com

Air Canada is Canada's largest airline, generally serving nearly 50 million passengers each year together with its low-cost sub-brand called Rouge and contracts for regional connection flights to its network. Air Canada is a sixth freedom airline, similar to Gulf carriers, which flies many U.S. nationals on long-haul trips with a layover in Canada. In 2022, the company generated CAD 16.6 billion in total revenue, down from CAD 19 billion in 2019 as the airline is still recovering from the pandemic and related travel restrictions.

Air Canada (STU:ADH2) Headlines

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