Air Canada (TSX:AC) Days Payable: 0.00 (As of Mar. 2026)

What is Air Canada Days Payable?

Air Canada TSX:AC +0.65% 84 Days Payable is 0.00 as of Mar. 2026. GuruFocus rates TSX:AC with a GF Score™ of 84/100 and a GF Value™ of C$24.10 (Fairly Valued). The stock has 5 warning signs investors should review. Among 972 Transportation companies, Air Canada ranks worse than 102880.56% on this metric.

Air Canada's average Accounts Payable for the three months ended in Mar. 2026 was C$0 Mil. Air Canada's Cost of Goods Sold for the three months ended in Mar. 2026 was C$4,538 Mil. Hence, Air Canada's Days Payable for the three months ended in Mar. 2026 was 0.00.

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

TSX:AC's Days Payable is not ranked ^*
in the Transportation industry.
Industry Median: 38.905
* Ranked among companies with meaningful Days Payable only.

Air Canada's Days Payable stayed the same from Mar. 2025 (0.00) to Mar. 2026 (0.00). stayed the same

Air Canada Days Payable Related Terms

Air Canada Days Payable Historical Data

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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.

Air Canada Days Payable Chart

Air Canada Annual Data

Trend

Dec16

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Dec20

Dec21

Dec22

Dec23

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Dec25

Days Payable

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0.00

Air Canada 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															0.00	0.00	0.00	0.00	0.00

TSX:AC vs DAL, UAL, LUV: Days Payable Comparison

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 Days Payable vs 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.

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84GF Score

Air Canada TSX:AC

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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. 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
=	( (0	+	0)	/	1 )	/	17086	*	365
=	0					/	17086	*	365
=	0.00

Air Canada'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
=	( (0	+	0)	/	1 )	/	4538	*	365 / 4
=	0					/	4538	*	365 / 4
=	0.00

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 0.00 mean?

Air Canada (TSX:AC) has a Days Payable of 0.00 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 Air Canada and its competitors. According to the industry distribution chart, Air Canada ranks #999999 out of 972 companies in the Transportation industry.

Is Air Canada's Days Payable too high?

Air Canada's current Days Payable is 0.00. Based on the distribution chart, Air Canada ranks #999999 out of 972 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Air Canada has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Air Canada's Days Payable compare to DAL and UAL?

According to the Transportation industry distribution chart, Air Canada ranks #999999 out of 972 companies for Days Payable. This places Air Canada in the lower half of its industry. The industry median Days Payable is 38.91. 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. 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 Air Canada 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. Air Canada's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Air Canada stock overvalued right now?

Based on GuruFocus' analysis, Air Canada (TSX:AC) is currently considered Fairly Valued. The stock's GF Value™ is C$24.10, compared to a current price of C$24.67 — trading 2.4% above its estimated fair value. The current Days Payable is 0.00. Air Canada's overall GF Score™ is 84/100 with 5 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 Air Canada (TSX:AC), the current Days Payable is 0.00 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 Air Canada (TSX:AC) Overvalued in 2026?

Based on GuruFocus' analysis, Air Canada stock appears to be overvalued. The current stock price of C$24.67 is trading 2.4% above its estimated GF Value™ of C$24.10. GuruFocus considers Air Canada to be Fairly Valued.

Key valuation signals for TSX:AC:

Days Payable: 0.00
GF Value™: C$24.10 vs. price of C$24.67 (2.4% above fair value)
GF Score™: 84/100 with 5 warning signs

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

Air Canada Business Description

Industry Industrials Transportation

Comparable Companies TSX:EIF NEOE:JET DAL UAL DUB:RYA LSE:IAG LUV NSE:INDIGO SGX:C6L SHSE:601111 XSGO:LTM SHSE:600115 SHSE:600029 XTER:LHA HKSE:00293 ASX:QAN AAL SHSE:600221 SZSE:001391 IST:THYAO

Other Exchanges ACDVF:USA 0SE9:UK ADH2:Germany

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

Website https://www.aircanada.com

Air Canada is Canada's largest airline, serving nearly 50 million passengers each year, together with its low-cost subbrand, Rouge, and contracts for regional connection flights into its network. Air Canada is a sixth-freedom airline, which flies many passengers on long-haul trips to and from the US with a layover in Canada.

84GF Score

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C$24.67

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C$24.10

GF Value

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