Fly Leasing (Fly Leasing) Days Payable : 66.85 (As of Mar. 2021)

View and export this data going back to 2007. Start your Free Trial

What is Fly Leasing Days Payable?

Fly Leasing's average Accounts Payable for the three months ended in Mar. 2021 was $22.8 Mil. Fly Leasing's Cost of Goods Sold for the three months ended in Mar. 2021 was $31.1 Mil. Hence, Fly Leasing's Days Payable for the three months ended in Mar. 2021 was 66.85.

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

FLY's Days Payable is not ranked ^*
in the Aerospace & Defense industry.
Industry Median: 77.56
* Ranked among companies with meaningful Days Payable only.

Fly Leasing's Days Payable declined from Mar. 2020 (75.71) to Mar. 2021 (66.85). It may suggest that Fly Leasing accelerated paying its suppliers.

Fly Leasing Days Payable Historical Data

The historical data trend for Fly Leasing'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.

Fly Leasing Days Payable Chart

Fly Leasing Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Payable

Get a 7-Day Free Trial

46.59

43.14

51.59

58.21

54.78

Fly Leasing Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Days Payable	Get a 7-Day Free Trial															75.71	73.79	68.57	58.89	66.85

Competitive Comparison of Fly Leasing's Days Payable

For the Aerospace & Defense subindustry, Fly Leasing'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 Leasing's Days Payable Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Fly Leasing's Days Payable distribution charts can be found below:

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

Fly Leasing 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 Leasing's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

	Days Payable (A: Dec. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2019 )	+	Accounts Payable (A: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2020 )	*	Days in Period
=	( (22.746	+	18.135)	/	2 )	/	136.183	*	365
=	20.4405					/	136.183	*	365
=	54.78

Fly Leasing's Days Payable for the quarter that ended in Mar. 2021 is calculated as:

	Days Payable (Q: Mar. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2020 )	+	Accounts Payable (Q: Mar. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2021 )	*	Days in Period
=	( (18.135	+	27.391)	/	2 )	/	31.071	*	365 / 4
=	22.763					/	31.071	*	365 / 4
=	66.85

Fly Leasing Days Payable Related Terms

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

Fly Leasing (Fly Leasing) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Fly Leasing Ltd (NYSE:FLY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

West Pier Business Campus, Dun Laoghaire, County Dublin, IRL, A96 N6T7

Website

http://www.flyleasing.com

Fly Leasing Ltd is principally involved in the commercial aircraft business. In addition, to arranging for the leasing of the fleet the group is also involved acquiring and disposing of aircraft, marketeering aircraft for lease and release, collecting rents and other payments from the lessees of aircraft, monitoring maintenance, insurance and other obligations under leases, and enforcing Fly Leasing's rights against lessees.