Heico (HEI.A) Days Sales Outstanding

: 49.92 (As of Jan. 2024)

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Heico's average Accounts Receivable for the three months ended in Jan. 2024 was $490 Mil. Heico's Revenue for the three months ended in Jan. 2024 was $896 Mil. Hence, Heico's Days Sales Outstanding for the three months ended in Jan. 2024 was 49.92.

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

HEI.A' s Days Sales Outstanding Range Over the Past 10 Years
Min: 44.54 Med: 49.43 Max: 50.9
Current: 45.53

During the past 13 years, Heico's highest Days Sales Outstanding was 50.90. The lowest was 44.54. And the median was 49.43.

HEI.A's Days Sales Outstanding is ranked better than
70.1% of 301 companies
in the Aerospace & Defense industry
Industry Median: 63.6 vs HEI.A: 45.53

Heico's Days Sales Outstanding increased from Jan. 2023 (45.60) to Jan. 2024 (49.92).

Heico Days Sales Outstanding Historical Data

The historical data trend for Heico'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.

Heico Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Sales Outstanding

45.42

49.51

44.54

44.61

49.43

Heico Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Sales Outstanding																45.60	45.56	45.22	42.12	49.92

Competitive Comparison

For the Aerospace & Defense subindustry, Heico'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.

Heico Days Sales Outstanding Distribution

For the Aerospace & Defense industry and Industrials sector, Heico's Days Sales Outstanding distribution charts can be found below:

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

Heico 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.

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

	Days Sales Outstanding (A: Oct. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2022 )	+	Accounts Receivable (A: Oct. 2023 ))	/	count )	/	Revenue (A: Oct. 2023 )	*	Days in Period
=	( (294.848	+	509.075)	/	2 )	/	2968.105	*	365
=	401.9615					/	2968.105	*	365
=	49.43

Heico's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding (Q: Jan. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )	/	Revenue (A: Jan. 2024 )	*	Days in Period
=	( (509.075	+	471.697)	/	2 )	/	896.363	*	365 / 4
=	490.386					/	896.363	*	365 / 4
=	49.92

Heico (NYSE:HEI.A) Days Sales Outstanding Explanation

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

Heico Days Sales Outstanding Related Terms

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Heico (HEI.A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Heico Corp (NYSE:HEI.A) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

HEI:USA HC1A:Germany HC1:Germany HC1:Germany

Address

3000 Taft Street, Hollywood, FL, USA, 33021

Website

https://www.heico.com

Heico is an aerospace and defense supplier that focuses on creating niche replacement parts for commercial aircraft and components for defense products. In commercial aerospace, Heico is the largest independent producer of replacement aircraft parts, primarily for engines. In the defense market, the company produces niche subcomponents used in targeting technology as well as simulation equipment, among other things. It operates as two segments: the flight support group,or FSG, and the electronic technologies group, or ETG, both of which supply the aerospace and defense sectors to different degrees. The company is highly acquisitive, focusing on companies in similar or adjacent markets that are generating strong cash flow with the potential for growth.