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
Company name
Symbol
Number of days of payables
American Airlines Group
AAL
24.56
Alaska Air Group Inc
ALK
9.56
Allegiant Travel Company
ALGT
18.86
Delta Air Lines Inc
DAL
49.13
JetBlue Airways Corp
JBLU
31.05
SkyWest Inc
SKYW
129.57
Southwest Airlines Company
LUV
32.33
Sun Country Airlines Holdings Inc
SNCY
32.44
United Airlines Holdings Inc
UAL
41.14