Delta Air Lines Inc (DAL)

Number of days of payables

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Payables turnover		7.45	7.60	7.02	7.39	7.43	5.97	6.05	6.31	5.56	5.25	4.36	4.28	4.42	4.35	5.27	6.27	8.06	10.63	10.27	7.55
Number of days of payables	days	48.99	48.04	52.01	49.38	49.13	61.15	60.37	57.81	65.66	69.55	83.73	85.28	82.60	83.98	69.20	58.20	45.29	34.32	35.55	48.35

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 7.45
= 48.99

The number of days of payables for Delta Air Lines Inc has fluctuated over the past few years. Starting at 48.35 days on March 31, 2020, it decreased to 34.32 days by September 30, 2020, before rising to 85.28 days by March 31, 2022.

From there, it gradually decreased to 48.99 days by December 31, 2024. Overall, the trend indicates some variability in Delta Air Lines Inc's payment terms with suppliers, potentially influenced by factors such as changes in procurement strategies, negotiation tactics, or financial performance. This metric is important as it reflects the efficiency of the company in managing its accounts payable and its relationships with suppliers.