Delta Air Lines Inc (DAL)
Number of days of payables
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 7.43 | 5.56 | 4.41 | 9.62 | 7.86 | |
| Number of days of payables | days | 49.13 | 65.65 | 82.80 | 37.95 | 46.41 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 7.43
= 49.13
Unfortunately, the data provided in the table does not include the specific values for the number of days of payables for Delta Air Lines, Inc. on the specified dates (Dec 31, 2023, Dec 31, 2022, Dec 31, 2021, Dec 31, 2020, Dec 31, 2019). Without this numerical information, it is not possible to calculate or analyze the trend in the number of days of payables for the company over the years.
If you could provide the actual values for the number of days of payables on those dates, I would be able to perform a detailed analysis of this ratio, which measures the average number of days a company takes to pay its suppliers. This analysis would help in understanding Delta Air Lines, Inc.'s payment practices, liquidity position, and efficiency in managing its working capital.
Peer comparison
Dec 31, 2023