Air T's average Accounts Receivable for the
three
months ended in Dec. 2023 was $22.4 Mil. Air T's Revenue for the
three
months ended in Dec. 2023 was $63.8 Mil.
Hence, Air T's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 32.01.
The historical rank and industry rank for Air T's Days Sales Outstanding or its related term are showing as below:
AIRT'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 18.47 Med: 29.49 Max: 39.72
Current: 30.09
During the past 13 years, Air T's highest Days Sales Outstanding was 39.72. The lowest was 18.47. And the median was 29.49.
AIRT's Days Sales Outstanding is ranked better than 70.91% of 966
companies
in the Transportation industry
Industry Median: 45.73
vs AIRT: 30.09
Air T's Days Sales Outstanding
increased
from Dec. 2022 (27.92) to Dec. 2023 (32.01).
Air T Days Sales Outstanding Historical Data
The historical data trend for Air T's Days Sales Outstanding 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.
Competitive Comparison of Air T's Days Sales Outstanding
For the Integrated Freight & Logistics subindustry, Air T's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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 T's Days Sales Outstanding Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Air T's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Air T's Days Sales Outstanding falls into.
Air T Days Sales Outstanding Calculation
Days Sales Outstanding measures 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 Receivable are being managed.
* 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.
Air T (NAS:AIRT) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Air T Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Air T's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Air T Inc together with its subsidiaries provides air freight service to the express delivery industry. The company's operating segments include Overnight air cargo, Ground equipment sales, and Ground support services, Commercial jet engines and parts, Corporate and Other. It generates maximum revenue from the Overnight air cargo segment.
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