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SkyWest (SkyWest) Days Sales Outstanding : 12.24 (As of Dec. 2023)


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What is SkyWest Days Sales Outstanding?

SkyWest's average Accounts Receivable for the three months ended in Dec. 2023 was $101 Mil. SkyWest's Revenue for the three months ended in Dec. 2023 was $752 Mil. Hence, SkyWest's Days Sales Outstanding for the three months ended in Dec. 2023 was 12.24.

The historical rank and industry rank for SkyWest's Days Sales Outstanding or its related term are showing as below:

SKYW' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.24   Med: 8.8   Max: 12.63
Current: 12.63

During the past 13 years, SkyWest's highest Days Sales Outstanding was 12.63. The lowest was 5.24. And the median was 8.80.

SKYW's Days Sales Outstanding is ranked better than
88.92% of 966 companies
in the Transportation industry
Industry Median: 45.73 vs SKYW: 12.63

SkyWest's Days Sales Outstanding increased from Dec. 2022 (11.61) to Dec. 2023 (12.24).


SkyWest Days Sales Outstanding Historical Data

The historical data trend for SkyWest'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.

* Premium members only.

SkyWest Days Sales Outstanding Chart

SkyWest Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.04 10.08 6.71 10.07 11.40

SkyWest Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.61 13.29 12.94 13.31 12.24

Competitive Comparison of SkyWest's Days Sales Outstanding

For the Airlines subindustry, SkyWest'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.


SkyWest's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, SkyWest's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where SkyWest's Days Sales Outstanding falls into.



SkyWest 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.

Accounts Receivable can be measured by Days Sales Outstanding.

SkyWest's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

Days Sales Outstanding (A: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (100.523 + 82.854) / 2 ) / 2935.432*365
=91.6885 / 2935.432*365
=11.40

SkyWest's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding (Q: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (118.844 + 82.854) / 2 ) / 751.787*365 / 4
=100.849 / 751.787*365 / 4
=12.24

* 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.


SkyWest  (NAS:SKYW) Days Sales Outstanding Explanation

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


SkyWest Days Sales Outstanding Related Terms

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


SkyWest (SkyWest) Business Description

Traded in Other Exchanges
Address
444 South River Road, St. George, UT, USA, 84790
SkyWest Inc offers commercial air services in the United States, Canada, Mexico, and the Caribbean. Additionally, it leases aircraft to capable users to help generate revenue. Generally, SkyWest provides regional flights, and utilizes its smaller, lower-cost aircraft to carry passengers that booked tickets through major airlines. It partners with major global carriers to fly and operate aircraft for a fee. SkyWest may use the major carriers' brand and ground support to coordinate marketing and easily transport passengers. The company has two reportable segments: SkyWest Airlines and SkyWest Leasing.
Executives
James L Welch director 5550 SW MACADAM AVENUE, SUITE 200, PORTLAND OR 97239
Robert J Simmons officer: Chief Financial Officer C/O SKYWEST, INC., 444 SOUTH RIVER ROAD, SAINT GEORGE UT 84790
Jerry C Atkin director, officer: Chairman, President and CEO 684 S OAKRIDGE DRIVE, PINE VALLEY UT 84781
Wade J Steel officer: Executive Vice President 1847 VIEW POINT CIRCLE, SANTA CLARA UT 84765
Russell A Childs officer: Pres. & COO of SkyWest Airline 444 SOUTH RIVER ROAD, ST GEORGE UT 84790
Henry J Eyring director
Eric Woodward officer: Chief Accounting Officer 444 SOUTH RIVER ROAD, ST. GEORGE UT 84790
Smita Conjeevaram director 70 HERETOLD ROAD, BRONXVILLE NY 17708
Greg Wooley officer: Exec VP Operations C/O SKYWEST INC., 444 S. RIVER RD, ST. GEORGE UT 84790
W Steve Albrecht director 3901 NO FIRST ST, SAN JOSE CA 95134
Michael S Thompson officer: Chief Operating Officer, other: Skwest Airlines 2311 S COYOTE LOOP, WASHINGTON UT 84780
Terry Vais officer: Chief Commercial Officer 251 HIGHWOODS PKWY, NEWNAN GA 30265
Andrew C Roberts director C/O SKYWEST, INC., 444 S RIVER ROAD, ST. GEORGE UT 84790
Meredith R. Siegfried director C/O SKYWEST, INC., 444 S RIVER ROAD, ST. GEORGE UT 84790
Alexandria Panot Marren officer: COO of ExpressJet Airlines 444 S. RIVER ROAD, ST. GEORGE UT 84790

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