Pegasus Hava Tasimaciligi AS (IST:PGSUS) Days Payable : 15.63 (As of Mar. 2024)

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What is Pegasus Hava Tasimaciligi AS Days Payable?

Pegasus Hava Tasimaciligi AS's average Accounts Payable for the three months ended in Mar. 2024 was ₺3,075 Mil. Pegasus Hava Tasimaciligi AS's Cost of Goods Sold for the three months ended in Mar. 2024 was ₺17,953 Mil. Hence, Pegasus Hava Tasimaciligi AS's Days Payable for the three months ended in Mar. 2024 was 15.63.

The historical rank and industry rank for Pegasus Hava Tasimaciligi AS's Days Payable or its related term are showing as below:

IST:PGSUS' s Days Payable Range Over the Past 10 Years
Min: 12.43 Med: 20.17 Max: 34.58
Current: 12.43

During the past 12 years, Pegasus Hava Tasimaciligi AS's highest Days Payable was 34.58. The lowest was 12.43. And the median was 20.17.

IST:PGSUS's Days Payable is ranked worse than
91.17% of 929 companies
in the Transportation industry
Industry Median: 38.76 vs IST:PGSUS: 12.43

Pegasus Hava Tasimaciligi AS's Days Payable declined from Mar. 2023 (17.90) to Mar. 2024 (15.63). It may suggest that Pegasus Hava Tasimaciligi AS accelerated paying its suppliers.

Pegasus Hava Tasimaciligi AS Days Payable Historical Data

The historical data trend for Pegasus Hava Tasimaciligi AS's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Pegasus Hava Tasimaciligi AS Days Payable Chart

Pegasus Hava Tasimaciligi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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20.42

34.58

30.94

19.92

20.52

Pegasus Hava Tasimaciligi AS Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															17.90	10.27	9.12	16.15	15.63

Competitive Comparison of Pegasus Hava Tasimaciligi AS's Days Payable

For the Airlines subindustry, Pegasus Hava Tasimaciligi AS's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Pegasus Hava Tasimaciligi AS's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Pegasus Hava Tasimaciligi AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Pegasus Hava Tasimaciligi AS's Days Payable falls into.

Pegasus Hava Tasimaciligi AS Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Pegasus Hava Tasimaciligi AS's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (2218.778	+	3822.072)	/	2 )	/	53713.133	*	365
=	3020.425					/	53713.133	*	365
=	20.52

Pegasus Hava Tasimaciligi AS's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (3822.072	+	2327.794)	/	2 )	/	17952.561	*	365 / 4
=	3074.933					/	17952.561	*	365 / 4
=	15.63

Pegasus Hava Tasimaciligi AS Days Payable Related Terms

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Pegasus Hava Tasimaciligi AS (IST:PGSUS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Pegasus Hava Tasimaciligi AS (IST:PGSUS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Aeropark, Yeni?ehir Mahallesi, Osmanl? Bulvar?, No: 11/A, Kurtkoy-Pendik, Istanbul, TUR, 34912

Website

https://www.flypgs.com

Pegasus Hava Tasimaciligi AS is one of the leading airlines in Turkey. It provides domestic and international routes and focuses on providing high-frequency services on short- and medium-haul flights. Scheduled and chartered flights are offered, and the company generates additional revenues by providing ancillary services. In-flight beverages and food, excess baggage, reservation changes, seat selection, and other services are provided to customers at an extra charge. The company is managed as a single business unit, and resource-allocation decisions are based on the entire route network. Approximately half of the total revenue is derived from international scheduled flights. Destinations across Europe make up the majority of international flights.

Pegasus Hava Tasimaciligi AS (IST:PGSUS) Headlines

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