TUI AG (XTER:TUI1) Days Payable : 41.02 (As of Jun. 2024)

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What is TUI AG Days Payable?

TUI AG's average Accounts Payable for the three months ended in Jun. 2024 was €2,433 Mil. TUI AG's Cost of Goods Sold for the three months ended in Jun. 2024 was €5,413 Mil. Hence, TUI AG's Days Payable for the three months ended in Jun. 2024 was 41.02.

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

XTER:TUI1' s Days Payable Range Over the Past 10 Years
Min: 46.3 Med: 66.16 Max: 112.28
Current: 46.3

During the past 13 years, TUI AG's highest Days Payable was 112.28. The lowest was 46.30. And the median was 66.16.

XTER:TUI1's Days Payable is ranked worse than
58.94% of 755 companies
in the Travel & Leisure industry
Industry Median: 57.91 vs XTER:TUI1: 46.30

TUI AG's Days Payable declined from Jun. 2023 (42.20) to Jun. 2024 (41.02). It may suggest that TUI AG accelerated paying its suppliers.

TUI AG Days Payable Historical Data

The historical data trend for TUI AG'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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TUI AG Days Payable Chart

TUI AG Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

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57.63

81.67

112.28

62.76

64.08

TUI AG Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Payable	Get a 7-Day Free Trial															42.20	38.33	59.89	52.32	41.02

Competitive Comparison of TUI AG's Days Payable

For the Travel Services subindustry, TUI AG'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.

TUI AG's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, TUI AG's Days Payable distribution charts can be found below:

* The bar in red indicates where TUI AG's Days Payable falls into.

TUI AG 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.

TUI AG's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (3316.5	+	3373.7)	/	2 )	/	19052.9	*	365
=	3345.1					/	19052.9	*	365
=	64.08

TUI AG's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2024 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (2169.7	+	2697)	/	2 )	/	5413.2	*	365 / 4
=	2433.35					/	5413.2	*	365 / 4
=	41.02

TUI AG Days Payable Related Terms

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TUI AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » TUI AG (XTER:TUI1) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TUIFF:USA 1TUI1U:Italy TUI1d:UK 0ACY:UK TUI1:Austria

Address

Karl-Wiechert-Allee 4, Hannover, SN, DEU, 30625

Website

https://www.tuigroup.com

TUI AG is a leisure and tourism company that operates airlines, cruises, tours, hotels, and resorts globally. The company organizes itself into six segments: Northern region, Central region, Western region, hotels and resorts, TUI Musement and cruises. Northern region principally comprises TUI's tour operators, airlines, and cruise business in the U.K., Ireland, and the Nordics. Central region includes the company's tour operators in Germany, Australia, Switzerland, and Poland, and the TUI fly airline. Western region includes TUI tour operators and airlines in Belgium and the Netherlands, and tour operators in France. The Northern, Central, and Western regions are the segments by revenue, in that order, and collectively constitute the vast majority of revenue.

Executives

Helmut Reiner Sebastian Ebel	Board of Directors
Sebastian Ebel	Board of Directors
Mathias Kiep	Board of Directors
Andreas Barczewski	Supervisory Board
Alexey A. Mordashov	Supervisory Board
Friedrich-peter Joussen	Board of Directors

TUI AG Headlines

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