JetBlue Airways Corp (JBLU)
Number of days of payables
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|
Payables turnover | 11.75 | 13.94 | 10.57 | 11.10 | 13.93 | |
Number of days of payables | days | 31.05 | 26.19 | 34.55 | 32.88 | 26.20 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 11.75
= 31.05
To calculate the number of days of payables for Jetblue Airways Corp, we need information on accounts payable and cost of goods sold from the financial statements. Unfortunately, the table provided does not contain the necessary data to compute the number of days of payables for the specified years. This ratio is typically used to assess how long, on average, a company takes to pay its suppliers after a purchase has been made. A lower number of days of payables may indicate efficient management of working capital, while a higher number could suggest a potential liquidity issue or extended payment terms with suppliers. For a more in-depth analysis, access to the specific financial statements or additional relevant data is required.
Peer comparison
Dec 31, 2023