American Airlines Group (AAL)
Number of days of payables
Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Payables turnover | 14.86 | 16.42 | 14.53 | 14.59 | 16.24 | 15.86 | 11.39 | 11.03 | 14.61 | 12.48 | 9.77 | 11.64 | 17.24 | 15.09 | 15.67 | 13.05 | 10.24 | 10.98 | 9.98 | 9.85 | |
Number of days of payables | days | 24.56 | 22.22 | 25.12 | 25.01 | 22.47 | 23.01 | 32.05 | 33.08 | 24.98 | 29.26 | 37.37 | 31.34 | 21.18 | 24.19 | 23.30 | 27.97 | 35.66 | 33.25 | 36.59 | 37.06 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 14.86
= 24.56
Based on the data provided for American Airlines Group Inc's number of days of payables, it appears that specific information is missing for each quarter of 2023 and for the entirety of 2022. Without the exact figures for the number of days of payables, a comprehensive analysis of this ratio cannot be provided. It is crucial to consider the average number of days of payables over a period to assess the company's payment practices and efficiency in managing its accounts payable. Further details or updates on this metric would be necessary to draw meaningful insights regarding American Airlines Group Inc's payables management.
Peer comparison
Dec 31, 2023
See also:
American Airlines Group Average Payables Payment Period (Quarterly Data)