JetBlue Airways (JetBlue Airways) Days Payable : 31.75 (As of Dec. 2023)

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What is JetBlue Airways Days Payable?

JetBlue Airways's average Accounts Payable for the three months ended in Dec. 2023 was $666 Mil. JetBlue Airways's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,914 Mil. Hence, JetBlue Airways's Days Payable for the three months ended in Dec. 2023 was 31.75.

The historical rank and industry rank for JetBlue Airways's Days Payable or its related term are showing as below:

JBLU' s Days Payable Range Over the Past 10 Years
Min: 16.13 Med: 25.24 Max: 34.25
Current: 29.72

During the past 13 years, JetBlue Airways's highest Days Payable was 34.25. The lowest was 16.13. And the median was 25.24.

JBLU's Days Payable is ranked worse than
64.02% of 931 companies
in the Transportation industry
Industry Median: 39.47 vs JBLU: 29.72

JetBlue Airways's Days Payable increased from Dec. 2022 (27.17) to Dec. 2023 (31.75). It may suggest that JetBlue Airways delayed paying its suppliers.

JetBlue Airways Days Payable Historical Data

The historical data trend for JetBlue Airways'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.

JetBlue Airways Days Payable Chart

JetBlue Airways Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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25.99

34.25

27.73

24.48

27.33

JetBlue Airways 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															26.09	31.94	31.71	31.75	30.31

Competitive Comparison of JetBlue Airways's Days Payable

For the Airlines subindustry, JetBlue Airways'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.

JetBlue Airways's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, JetBlue Airways's Days Payable distribution charts can be found below:

* The bar in red indicates where JetBlue Airways's Days Payable falls into.

JetBlue Airways 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.

JetBlue Airways'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
=	( (532	+	641)	/	2 )	/	7833	*	365
=	586.5					/	7833	*	365
=	27.33

JetBlue Airways'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
=	( (691	+	641)	/	2 )	/	1914	*	365 / 4
=	666					/	1914	*	365 / 4
=	31.75

JetBlue Airways Days Payable Related Terms

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JetBlue Airways (JetBlue Airways) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » JetBlue Airways Corp (NAS:JBLU) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

JBLU:Mexico 1JAM:Italy JAW:Germany JAW:Germany

Address

27-01 Queens Plaza North, Long Island City, NY, USA, 11101

Website

https://www.jetblue.com

JetBlue Airways Corp is a low-cost airline that offers high-quality service, including assigned seating and in-flight entertainment. It served approximately 100 destinations in the United States, the Caribbean and Latin America, Canada, and England. The company currently operates Airbus A321, Airbus A320, Airbus A321neo, and Embraer E190 aircraft types. The operating segments of company are Domestic & Canada, Caribbean & Latin America and Atlantic. Majority of revenue is generated from Domestic & Canada segment.

Executives

Gerald Alfred Spencer	officer: Principal Accounting Officer	C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Carol Ann Clements	officer: Chief Digital & Tech Officer	C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Brandon Nelson	officer: General Counsel Corp Sec	C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Robert F Leduc	director	UNITED TECHNOLOGIES CORP, 10 FARM SPRINGS ROAD, FARMINGTON CT 06032
Teri P Mcclure	director	55 GLENLAKE PARKWAY NE, ATLANTA GA 30328
Monte E Ford	director	C/O AKAMAI TECHNOLOGIES, INC., 8 CAMBRIDGE CENTER, CAMBRIDGE MA 02142
O'hagan Sarah Robb	director	C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Vivek Sharma	director	C/O JETBLUE AIRWAYS CORP, 27-01 QUEENS PLAZA N, LONG ISLAND CITY NY 11101
Thomas Winkelmann	director	C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Ellen Jewett	director	C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
B Ben Baldanza	director	C/O SPIRIT AIRLINES, INC., 2800 EXECUTIVE WAY, MIRAMAR FL 33025
Peter Boneparth	director	1411 BROADWAY, NEW YORK NY 10018
Ursula L Hurley	officer: Chief Financial Officer	C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
David Christopher Clark	officer: Head of Revenue and Planning	C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Robin Hayes	director, officer: CEO	C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101