American Airlines Group (American Airlines Group) Days Payable : 22.84 (As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is American Airlines Group Days Payable?

American Airlines Group's average Accounts Payable for the three months ended in Mar. 2024 was $2,640 Mil. American Airlines Group's Cost of Goods Sold for the three months ended in Mar. 2024 was $10,549 Mil. Hence, American Airlines Group's Days Payable for the three months ended in Mar. 2024 was 22.84.

The historical rank and industry rank for American Airlines Group's Days Payable or its related term are showing as below:

AAL' s Days Payable Range Over the Past 10 Years
Min: 15.68 Med: 19.16 Max: 24.21
Current: 20.46

During the past 13 years, American Airlines Group's highest Days Payable was 24.21. The lowest was 15.68. And the median was 19.16.

AAL's Days Payable is ranked worse than
80.77% of 931 companies
in the Transportation industry
Industry Median: 39.25 vs AAL: 20.46

American Airlines Group's Days Payable increased from Mar. 2023 (21.35) to Mar. 2024 (22.84). It may suggest that American Airlines Group delayed paying its suppliers.

American Airlines Group Days Payable Historical Data

The historical data trend for American Airlines Group'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.

* Premium members only.

American Airlines Group Days Payable Chart

American Airlines Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

20.21

24.21

18.14

17.92

20.05

American Airlines Group 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															21.35	22.38	19.14	19.57	22.84

Competitive Comparison of American Airlines Group's Days Payable

For the Airlines subindustry, American Airlines Group'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.

American Airlines Group's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, American Airlines Group's Days Payable distribution charts can be found below:

* The bar in red indicates where American Airlines Group's Days Payable falls into.

American Airlines Group 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.

American Airlines Group'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
=	( (2149	+	2353)	/	2 )	/	40978	*	365
=	2251					/	40978	*	365
=	20.05

American Airlines Group'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
=	( (2353	+	2927)	/	2 )	/	10549	*	365 / 4
=	2640					/	10549	*	365 / 4
=	22.84

American Airlines Group Days Payable Related Terms

Thank you for viewing the detailed overview of American Airlines Group's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

American Airlines Group (American Airlines Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » American Airlines Group Inc (NAS:AAL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AAL:Peru AAL:Mexico AAL_KZ:Kazakhstan 1AAL:Italy 0HE6:UK A1G:Germany A1G:Germany A1G:Germany A1G:Germany AALL34:Brazil

Address

1 Skyview Drive, Fort Worth, TX, USA, 76155

Website

https://www.americanairlines.in

American Airlines is the world's largest airline by aircraft, capacity, and scheduled revenue passenger miles. Its major U.S. hubs are Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. It generates over 30% of U.S. airline revenue connecting Latin America with destinations in the United States. After completing a major fleet renewal, the company has the youngest fleet of U.S. legacy carriers.

Executives

Vasu Raja	officer: SVP, Chief Commercial Officer	C/O AMERICAN AIRLINES GROUP INC., 1 SKYVIEW DRIVE, FORT WORTH TX 76155
Douglas M Steenland	director	2700 LONE OAK PARKWAY, EAGAN MN 55121
Angela Owens	officer: VP Corporate Controller	C/O AMERICAN AIRLINES GROUP INC., 1 SKYVIEW DRIVE, FORT WORTH TX 76155
David Seymour	officer: SVP Chief Operating Officer	C/O AMERICAN AIRLINES GROUP INC., 1 SKYVIEW DRIVE, FORT WORTH TX 76155
Devon E May	officer: EVP Chief Financial Officer	C/O AMERICAN AIRLINES GROUP INC., 1 SKYVIEW DRIVE, FORT WORTH TX 76155
Vicente Reynal	director	C/O INGERSOLL RAND INC., 525 HARBOUR PLACE DRIVE, SUITE 600, DAVIDSON NC 28036
Priya Aiyar	officer: See remarks	C/O AMERICAN AIRLINES GROUP INC., 1 SKYVIEW DRIVE, FORT WORTH TX 76155
Gregory D Smith	director	100 N RIVERSIDE PLAZA, M/C 3005-1001, CHICAGO IL 60606-1596
Adriane M Brown	director	3150 139TH AVENUE S.E., BELLEVUE WA 98040
John T Cahill	director	LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Michael J Embler	director	C/O NMI HOLDINGS, INC., 2100 POWELL STREET, EMERYVILLE CA 94608
James F Albaugh	director	C/O THE BOEING COMPANY, 100 NORTH RIVERSIDE PLAZA, CHICAGO IL 60606
Isom Robert D Jr	officer: See Remarks	1689 NONCONNAH BLVD, SUITE 111, MEMPHIS TN 38132
Ray M Robinson	director	1170 PEACHTREE STREET NE, SUITE 2300, ATLANTA GA 30309
Maya Leibman	officer: EVP Chief Information Officer	4333 AMON CARTER BLVD, FORT WORTH TX 76155