Corporacion America Airports (Corporacion America Airports) Days Payable : 110.53 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Corporacion America Airports Days Payable?

Corporacion America Airports's average Accounts Payable for the three months ended in Dec. 2023 was $116 Mil. Corporacion America Airports's Cost of Goods Sold for the three months ended in Dec. 2023 was $96 Mil. Hence, Corporacion America Airports's Days Payable for the three months ended in Dec. 2023 was 110.53.

The historical rank and industry rank for Corporacion America Airports's Days Payable or its related term are showing as below:

CAAP' s Days Payable Range Over the Past 10 Years
Min: 42.23 Med: 47.26 Max: 83.66
Current: 45.68

During the past 10 years, Corporacion America Airports's highest Days Payable was 83.66. The lowest was 42.23. And the median was 47.26.

CAAP's Days Payable is ranked better than
57.36% of 931 companies
in the Transportation industry
Industry Median: 39.25 vs CAAP: 45.68

Corporacion America Airports's Days Payable increased from Dec. 2022 (38.98) to Dec. 2023 (110.53). It may suggest that Corporacion America Airports delayed paying its suppliers.

Corporacion America Airports Days Payable Historical Data

The historical data trend for Corporacion America Airports'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.

Corporacion America Airports Days Payable Chart

Corporacion America Airports Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

42.23

83.66

78.32

45.55

47.26

Corporacion America Airports Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															38.98	41.94	35.45	36.30	110.53

Competitive Comparison of Corporacion America Airports's Days Payable

For the Airports & Air Services subindustry, Corporacion America Airports'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.

Corporacion America Airports's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Corporacion America Airports's Days Payable distribution charts can be found below:

* The bar in red indicates where Corporacion America Airports's Days Payable falls into.

Corporacion America Airports 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.

Corporacion America Airports'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
=	( (124.102	+	112.768)	/	2 )	/	914.677	*	365
=	118.435					/	914.677	*	365
=	47.26

Corporacion America Airports's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (118.961	+	112.768)	/	2 )	/	95.656	*	365 / 4
=	115.8645					/	95.656	*	365 / 4
=	110.53

Corporacion America Airports Days Payable Related Terms

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

Corporacion America Airports (Corporacion America Airports) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Corporacion America Airports SA (NYSE:CAAP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

128, Boulevard de la Petrusse, Grand Duchy of Luxembourg, Luxembourg, LUX, L-2330

Website

https://www.caap.aero

Corporacion America Airports SA acquires, develops and operates airport concessions. Its operating segments are geographically divided into Argentina, Italy, Brazil, Uruguay, Ecuador and Armenia. The company generates a majority of its revenue from the Argentina segment. The firm's revenue is categorized into Aeronautical Revenue, Non-Aeronautical Revenue, Commercial Revenue, Construction Service Revenue, and Other Revenue.