InterGlobe Aviation (NSE:INDIGO) Days Payable : 25.57 (As of Dec. 2023)

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What is InterGlobe Aviation Days Payable?

InterGlobe Aviation's average Accounts Payable for the three months ended in Dec. 2023 was ₹40,527 Mil. InterGlobe Aviation's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹144,638 Mil. Hence, InterGlobe Aviation's Days Payable for the three months ended in Dec. 2023 was 25.57.

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

NSE:INDIGO' s Days Payable Range Over the Past 10 Years
Min: 15.9 Med: 18.65 Max: 31.73
Current: 24.46

During the past 9 years, InterGlobe Aviation's highest Days Payable was 31.73. The lowest was 15.90. And the median was 18.65.

NSE:INDIGO's Days Payable is ranked worse than
73.79% of 931 companies
in the Transportation industry
Industry Median: 39.25 vs NSE:INDIGO: 24.46

InterGlobe Aviation's Days Payable increased from Dec. 2022 (23.17) to Dec. 2023 (25.57). It may suggest that InterGlobe Aviation delayed paying its suppliers.

InterGlobe Aviation Days Payable Historical Data

The historical data trend for InterGlobe Aviation'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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InterGlobe Aviation Days Payable Chart

InterGlobe Aviation Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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16.89

17.69

31.19

31.73

25.32

InterGlobe Aviation 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															23.17	24.73	24.40	30.06	25.57

Competitive Comparison of InterGlobe Aviation's Days Payable

For the Airlines subindustry, InterGlobe Aviation'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.

InterGlobe Aviation's Days Payable Distribution in the Transportation Industry

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

* The bar in red indicates where InterGlobe Aviation's Days Payable falls into.

InterGlobe Aviation 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.

InterGlobe Aviation's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (31518.2	+	32089.89)	/	2 )	/	458473.38	*	365
=	31804.045					/	458473.38	*	365
=	25.32

InterGlobe Aviation'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
=	( (40527.39	+	0)	/	1 )	/	144637.9	*	365 / 4
=	40527.39					/	144637.9	*	365 / 4
=	25.57

InterGlobe Aviation Days Payable Related Terms

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InterGlobe Aviation (NSE:INDIGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » InterGlobe Aviation Ltd (NSE:INDIGO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

539448:India

Address

Mehrauli-Gurgaon Road, Level 1-5, Tower - C, Global Business Park, Gurgaon, HR, IND, 122 002

Website

https://www.goindigo.in

InterGlobe Aviation Ltd is an airline service provider based in India. The company serves as a low-cost carrier through its Indigo brand. The company caters to its customers through an official website and the IndigoGo App, enabling them to book airline tickets and travel packages. The segments of the company are Air transportation services and Other income. The company earns its revenue predominantly through passenger ticket sales of the domestic airline operation.

InterGlobe Aviation (NSE:INDIGO) Headlines

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