Alaska Air Group Inc (ALK)

Number of days of payables

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Payables turnover		38.16	36.45	26.90	46.21	43.88
Number of days of payables	days	9.56	10.01	13.57	7.90	8.32

December 31, 2023 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 38.16
= 9.56

To calculate the number of days of payables for Alaska Air Group Inc., we need information on its accounts payable and cost of sales figures for each year. Unfortunately, as the data in the table provided does not include the necessary values to compute the days of payables, we are unable to provide a specific analysis at this time.

Days of payables is a financial ratio that measures how long a company takes to pay its suppliers. A lower number of days of payables may indicate that the company is paying its suppliers more quickly, which could be viewed positively by suppliers but may also suggest potential cash flow constraints. Conversely, a higher number of days of payables may imply that the company is taking longer to settle its payables, potentially benefiting from better cash flow management or more favorable credit terms.

In order to perform a thorough analysis of Alaska Air Group Inc.'s number of days of payables, we would require access to additional financial data such as accounts payable, cost of sales, and/or the company's cash conversion cycle for the respective years. Such information would allow us to evaluate the company's payment practices and liquidity position more comprehensively.