Air Lease Corporation (AL)

Number of days of payables

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Payables turnover
Number of days of payables days

December 31, 2023 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —

To calculate the number of days of payables for Air Lease Corporation, we need to determine how many days, on average, the company takes to pay its suppliers. This ratio indicates the efficiency of the company in managing its accounts payable.

Without the specific data for the number of days of payables for Air Lease Corporation over the past five years provided in the table, it is challenging to analyze the trend and make a detailed assessment. However, a decreasing number of days of payables could suggest that the company is paying its suppliers more quickly, potentially indicating improved liquidity or more favorable payment terms negotiated with suppliers.

Conversely, an increasing number of days of payables may signal that the company is taking longer to settle its payables, which could be a red flag for liquidity challenges or strained relationships with suppliers.

In conclusion, without the specific data points for the number of days of payables for Air Lease Corporation in recent years, a detailed analysis and interpretation of this ratio's trend and implications are not possible at this time.


Peer comparison

Dec 31, 2023

Company name
Symbol
Number of days of payables
Air Lease Corporation
AL
Archrock Inc
AROC
38.78
United Rentals Inc
URI
38.78
Upbound Group Inc.
UPBD