American Airlines Group (AAL)
Number of days of payables
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|
Payables turnover | 14.86 | 16.24 | 14.61 | 17.19 | 13.52 | |
Number of days of payables | days | 24.56 | 22.47 | 24.98 | 21.23 | 27.01 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 14.86
= 24.56
Based on the provided data for American Airlines Group Inc, the number of days of payables is not available for the years 2019 through 2023. This information is crucial for understanding how long the company takes to pay its suppliers after credit terms are agreed upon. Without this data, it is challenging to assess the efficiency of American Airlines Group Inc's management of its accounts payable and its relationships with suppliers over the years. Further analysis would be required to evaluate the company's liquidity, cash flow management, and operational efficiency in relation to its payables.
Peer comparison
Dec 31, 2023