Fly Play hf (OISE:PLAY) Days Payable : 37.98 (As of Sep. 2023)

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What is Fly Play hf Days Payable?

Fly Play hf's average Accounts Payable for the three months ended in Sep. 2023 was kr5,241 Mil. Fly Play hf's Cost of Goods Sold for the three months ended in Sep. 2023 was kr12,592 Mil. Hence, Fly Play hf's Days Payable for the three months ended in Sep. 2023 was 37.98.

The historical rank and industry rank for Fly Play hf's Days Payable or its related term are showing as below:

OISE:PLAY' s Days Payable Range Over the Past 10 Years
Min: 25.08 Med: 54.75 Max: 1391.97
Current: 47.93

During the past 4 years, Fly Play hf's highest Days Payable was 1391.97. The lowest was 25.08. And the median was 54.75.

OISE:PLAY's Days Payable is ranked better than
60% of 935 companies
in the Transportation industry
Industry Median: 38.5 vs OISE:PLAY: 47.93

Fly Play hf's Days Payable increased from Sep. 2022 (32.20) to Sep. 2023 (37.98). It may suggest that Fly Play hf delayed paying its suppliers.

Fly Play hf Days Payable Historical Data

The historical data trend for Fly Play hf'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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Fly Play hf Days Payable Chart

Fly Play hf Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Payable

1,391.96

54.75

25.08

Fly Play hf Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial									32.20	72.42	56.14	45.38	37.98

Competitive Comparison of Fly Play hf's Days Payable

For the Airlines subindustry, Fly Play hf'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.

Fly Play hf's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Fly Play hf's Days Payable distribution charts can be found below:

* The bar in red indicates where Fly Play hf's Days Payable falls into.

Fly Play hf 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.

Fly Play hf's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (1274.792	+	1308.376)	/	2 )	/	18798.348	*	365
=	1291.584					/	18798.348	*	365
=	25.08

Fly Play hf's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (4678.753	+	5802.903)	/	2 )	/	12592.028	*	365 / 4
=	5240.828					/	12592.028	*	365 / 4
=	37.98

Fly Play hf Days Payable Related Terms

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Fly Play hf (OISE:PLAY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Fly Play hf (OISE:PLAY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Suourlandsbraut 14, Reykjavik, ISL, 108

Website

https://www.flyplay.com

Fly Play hf is a low-cost airline operating flights between Iceland and Europe using Keflavik International Airport as a hub to facilitate connections for passengers, and cargo.