JetBlue Airways Corp (JBLU)
Number of days of payables
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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Payables turnover | 11.75 | 10.91 | 10.76 | 12.33 | 13.93 | 11.70 | 11.28 | 9.43 | 10.57 | 8.16 | 7.67 | 9.35 | 10.95 | 11.04 | 14.58 | 13.59 | 13.93 | 12.63 | 11.57 | 11.88 | |
Number of days of payables | days | 31.06 | 33.44 | 33.93 | 29.60 | 26.21 | 31.21 | 32.36 | 38.69 | 34.55 | 44.71 | 47.58 | 39.05 | 33.34 | 33.07 | 25.03 | 26.85 | 26.21 | 28.90 | 31.55 | 30.71 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 11.75
= 31.06
Unfortunately, without specific data on Jetblue Airways Corp's number of days of payables for the given periods, a detailed analysis cannot be provided. However, a trend analysis over these periods could be useful to understand how Jetblue's management is managing its payables in relation to its suppliers and cash flow. Tracking changes in the number of days of payables over time can help assess the company's liquidity position and efficiency in managing its cash flow cycle.
Peer comparison
Dec 31, 2023
Company name
Symbol
Number of days of payables
JetBlue Airways Corp
JBLU
31.06
Alaska Air Group Inc
ALK
9.55
Allegiant Travel Company
ALGT
18.86
American Airlines Group
AAL
24.56
Delta Air Lines Inc
DAL
49.38
SkyWest Inc
SKYW
130.41
Southwest Airlines Company
LUV
32.33
Sun Country Airlines Holdings Inc
SNCY
32.46
United Airlines Holdings Inc
UAL
41.14