ULCC (Frontier Group Holdings) Days Payable: 9.32 (As of Mar. 2026) — 24% Below Median


ULCC Frontier Group Holdings Inc ULCC
75 GF Score
Price $7.81
GF Value $5.54
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Frontier Group Holdings Days Payable?

Frontier Group Holdings ULCC -2.61% 75 Days Payable is 9.32 as of Mar. 2026, which is 24% below its 10-year median of 12.22. GuruFocus rates ULCC with a GF Score™ of 75/100 and a GF Value™ of $5.54 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 964 Transportation companies, Frontier Group Holdings ranks worse than 90.56% on this metric.

Frontier Group Holdings's average Accounts Payable for the three months ended in Mar. 2026 was $123 Mil. Frontier Group Holdings's Cost of Goods Sold for the three months ended in Mar. 2026 was $1,200 Mil. Hence, Frontier Group Holdings's Days Payable for the three months ended in Mar. 2026 was 9.32.

The historical rank and industry rank for Frontier Group Holdings's Days Payable or its related term are showing as below:

ULCC' s Days Payable Range Over the Past 10 Years
Min: 8.07   Med: 12.22   Max: 15.8
Current: 12.61

During the past 11 years, Frontier Group Holdings's highest Days Payable was 15.80. The lowest was 8.07. And the median was 12.22.

ULCC's Days Payable is ranked worse than
90.56% of 964 companies
in the Transportation industry
Industry Median: 38.985 vs ULCC: 12.61

Frontier Group Holdings's Days Payable declined from Mar. 2025 (11.93) to Mar. 2026 (9.32). It may suggest that Frontier Group Holdings accelerated paying its suppliers.


Frontier Group Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Frontier Group Holdings'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.

Frontier Group Holdings Days Payable Chart

Frontier Group Holdings Annual Data
Trend Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.67 10.49 12.38 12.67 12.05

Frontier Group Holdings 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 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 11.93 14.27 16.36 13.57 9.32

ULCC vs RJET, JBLU, ALGT: Days Payable Comparison

For the Airlines subindustry, Frontier Group Holdings'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.


Frontier Group Holdings Days Payable vs Transportation Industry

For the Transportation industry and Industrials sector, Frontier Group Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Frontier Group Holdings's Days Payable falls into.


ULCC
75GF Score
Frontier Group Holdings Inc ULCC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Frontier Group Holdings 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.

Frontier Group Holdings'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
=( (115 + 130) / 2 ) / 3710*365
=122.5 / 3710*365
=12.05

Frontier Group Holdings'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
=( (130 + 115) / 2 ) / 1200*365 / 4
=122.5 / 1200*365 / 4
=9.32

* 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 9.32 mean?
Frontier Group Holdings (ULCC) has a Days Payable of 9.32 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 Frontier Group Holdings and its competitors. This is 24% below median its historical median of 12.22. Over the past decade, Frontier Group Holdings' Days Payable has ranged from 8.07 to 15.80. According to the industry distribution chart, Frontier Group Holdings ranks #873 out of 964 companies in the Transportation industry, placing it in the top 90.6%.
Is Frontier Group Holdings' Days Payable too high?
Frontier Group Holdings' current Days Payable of 9.32 is 24% below median its 10-year median of 12.22. Over the past 10 years, this metric has ranged from a low of 8.07 to a high of 15.80. The Transportation industry median Days Payable is 38.99. Frontier Group Holdings' value of 9.32 is 76.1% below this industry median. Based on the distribution chart, Frontier Group Holdings ranks #873 out of 964 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Frontier Group Holdings has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Frontier Group Holdings' Days Payable compare to RJET and JBLU?
According to the Transportation industry distribution chart, Frontier Group Holdings ranks #873 out of 964 companies for Days Payable. This places Frontier Group Holdings in the lower half of its industry. The industry median Days Payable is 38.99. Frontier Group Holdings' value of 9.32 is 76.1% below this benchmark. Historically, Frontier Group Holdings' own Days Payable has ranged from 8.07 to 15.80 over the past decade. While the company's 10-year median is 12.22 vs. the industry median of 38.99, Frontier Group Holdings has consistently been below the industry average. 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 38.99, based on 964 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. Frontier Group Holdings's current Days Payable of 9.32 is 76.1% 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 Frontier Group Holdings and its competitors. For the Transportation industry, the median Days Payable is 38.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frontier Group Holdings's current Days Payable is 9.32, which is 24% below median its own 10-year median of 12.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frontier Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Frontier Group Holdings (ULCC) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.54, compared to a current price of $7.81 — trading 40.9% above its estimated fair value. The current Days Payable is 9.32, which is 24% below median its 10-year median of 12.22 and 76.1% below the Transportation industry median of 38.99. Frontier Group Holdings' overall GF Score™ is 75/100 with 10 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 Frontier Group Holdings (ULCC), the current Days Payable is 9.32 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 Frontier Group Holdings (ULCC) Overvalued in 2026?

Based on GuruFocus' analysis, Frontier Group Holdings stock appears to be overvalued. The current stock price of $7.81 is trading 40.9% above its estimated GF Value™ of $5.54. GuruFocus considers Frontier Group Holdings to be Significantly Overvalued.

Key valuation signals for ULCC:

  • Days Payable: 9.32 (24% below median its 10-year median of 12.22)
  • GF Value™: $5.54 vs. price of $7.81 (40.9% above fair value)
  • GF Score™: 75/100 with 10 warning signs
  • Industry Position: 76.1% below the Transportation median (#873 of 964)

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


Frontier Group Holdings Business Description

Other Exchanges 0VN:Germany
Address 4545 Airport Way, Denver, CO, USA, 80239
Frontier Group Holdings Inc is an ultra-low-cost carrier whose business is focused on Low Fares Done Right. The company owns a fleet of 120 Airbus single-aisle aircraft, consisting of 13 A320ceos, 82 A320neos, 21 A321ceos, and 4 A321neos. The use of these aircraft, their seating configuration, weight-saving tactics, and baggage process have all contributed to the ability to continue to be the fuel-efficient of all the U.S. The Company is managed as a single business unit that provides air transportation for passengers. The majority of revenue is from Domestic flight follow by International.
75GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.81
Price
$5.54
GF Value