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GuruFocus has detected 7 Warning Signs with Aircastle Ltd $AYR.
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Aircastle Ltd (NYSE:AYR)
Days Sales Outstanding
2.69 (As of Dec. 2016)

Aircastle Ltd's account receivable for the three months ended in Dec. 2016 was $6.0 Mil. Aircastle Ltd's revenue for the three months ended in Dec. 2016 was $204.7 Mil. Hence, Aircastle Ltd's days sales outstanding for the three months ended in Dec. 2016 was 2.69.

AYR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.26   Max: 4.75
Current: 2.85

1.26
4.75

During the past 13 years, Aircastle Ltd's highest Days Sales Outstanding was 4.75. The lowest was 1.26. And the median was 2.09.

AYR's Days Sales Outstanding is ranked higher than
95% of the 198 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 62.86 vs. AYR: 2.85 )

Aircastle Ltd's days sales outstanding declined from Dec. 2015 (3.75) to Dec. 2016 (2.69).


Definition

Days sales outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Account receivable can be measured by Days Sales Outstanding.

Aircastle Ltd's Days Sales Outstanding for the fiscal year that ended in Dec. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=6.035/772.958*365
=2.85

Aircastle Ltd's Days Sales Outstanding for the quarter that ended in Dec. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=6.035/204.653*365 / 4
=2.69

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Related Terms

Account Receivable, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Aircastle Ltd Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysSalesOutstanding 4.751.981.881.262.202.991.461.493.822.85

Aircastle Ltd Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysSalesOutstanding 2.001.281.122.231.313.753.672.162.472.69
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