Air Astana JSC (LSE:AIRA) Days Payable : 32.18 (As of Dec. 2023)

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What is Air Astana JSC Days Payable?

Air Astana JSC's average Accounts Payable for the three months ended in Dec. 2023 was $59.1 Mil. Air Astana JSC's Cost of Goods Sold for the three months ended in Dec. 2023 was $167.5 Mil. Hence, Air Astana JSC's Days Payable for the three months ended in Dec. 2023 was 32.18.

The historical rank and industry rank for Air Astana JSC's Days Payable or its related term are showing as below:

LSE:AIRA' s Days Payable Range Over the Past 10 Years
Min: 22.58 Med: 25.62 Max: 56.29
Current: 56.29

During the past 4 years, Air Astana JSC's highest Days Payable was 56.29. The lowest was 22.58. And the median was 25.62.

LSE:AIRA's Days Payable is ranked better than
66.27% of 934 companies
in the Transportation industry
Industry Median: 38.63 vs LSE:AIRA: 56.29

Air Astana JSC's Days Payable increased from Dec. 2021 (0.00) to Dec. 2023 (32.18). It may suggest that Air Astana JSC delayed paying its suppliers.

Air Astana JSC Days Payable Historical Data

The historical data trend for Air Astana JSC'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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Air Astana JSC Days Payable Chart

Air Astana JSC Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

25.42

22.79

26.58

30.57

Air Astana JSC Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial			-	19.90	26.68	24.34	32.18

Competitive Comparison of Air Astana JSC's Days Payable

For the Airlines subindustry, Air Astana JSC'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.

Air Astana JSC's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Air Astana JSC's Days Payable distribution charts can be found below:

* The bar in red indicates where Air Astana JSC's Days Payable falls into.

Air Astana JSC 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.

Air Astana JSC'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
=	( (47.425	+	62.929)	/	2 )	/	658.81	*	365
=	55.177					/	658.81	*	365
=	30.57

Air Astana JSC'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
=	( (55.199	+	62.929)	/	2 )	/	167.491	*	365 / 4
=	59.064					/	167.491	*	365 / 4
=	32.18

Air Astana JSC Days Payable Related Terms

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Air Astana JSC (LSE:AIRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air Astana JSC (LSE:AIRA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AIRA:Kazakhstan

Address

4A Zakarpatskaya Street, Turksib District, Almaty, KAZ, 010000

Website

https://www.airastana.com

Air Astana JSC is an airline company. It provides scheduled, point-to-point and transit, short-haul and long-haul air travel and cargo on domestic, intra-regional, and international routes across Central Asia, the Caucasus, Europe (including Turkey), the Middle East and Asia (including India and China) and has a fleet of 47 aircraft. The company group has two operating segments, Air Astana and FlyArystan. Air Astana's activities consist of mainly domestic and international passenger and cargo air transportation as a full-service brand. Fly Arystan activities consist of mainly domestic and international passenger and cargo air transportation as a low-cost brand. Maximum revenue is generated from the Air Astana segment.

Air Astana JSC (LSE:AIRA) Headlines

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