Cathay Pacific Airways (Cathay Pacific Airways) Days Sales Outstanding

: 14.88 (As of Dec. 2023)

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Cathay Pacific Airways's average Accounts Receivable for the six months ended in Dec. 2023 was $531 Mil. Cathay Pacific Airways's Revenue for the six months ended in Dec. 2023 was $6,516 Mil. Hence, Cathay Pacific Airways's Days Sales Outstanding for the six months ended in Dec. 2023 was 14.88.

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

CPCAF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 15.87 Med: 21.21 Max: 46.75
Current: 15.87

During the past 13 years, Cathay Pacific Airways's highest Days Sales Outstanding was 46.75. The lowest was 15.87. And the median was 21.21.

CPCAF's Days Sales Outstanding is ranked better than
86.54% of 966 companies
in the Transportation industry
Industry Median: 45.73 vs CPCAF: 15.87

Cathay Pacific Airways's Days Sales Outstanding declined from Dec. 2022 (20.27) to Dec. 2023 (14.88).

Cathay Pacific Airways Days Sales Outstanding Historical Data

The historical data trend for Cathay Pacific Airways'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.

Cathay Pacific Airways Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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20.65

34.62

46.83

43.95

16.12

Cathay Pacific Airways Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															33.72	56.97	20.27	16.79	14.88

Competitive Comparison

For the Airlines subindustry, Cathay Pacific Airways'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.

Cathay Pacific Airways Days Sales Outstanding Distribution

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

* The bar in red indicates where Cathay Pacific Airways's Days Sales Outstanding falls into.

Cathay Pacific Airways 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.

Cathay Pacific Airways'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
=	( (515.067	+	553.535)	/	2 )	/	12098.261	*	365
=	534.301					/	12098.261	*	365
=	16.12

Cathay Pacific Airways'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (509.128	+	553.535)	/	2 )	/	6516.428	*	365 / 2
=	531.3315					/	6516.428	*	365 / 2
=	14.88

Cathay Pacific Airways (OTCPK:CPCAF) Days Sales Outstanding Explanation

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

Cathay Pacific Airways Days Sales Outstanding Related Terms

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Cathay Pacific Airways (Cathay Pacific Airways) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Cathay Pacific Airways Ltd (OTCPK:CPCAF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CPCAY:USA 00293:Hong Kong CTY:Germany

Address

88 Queensway, 33rd Floor, One Pacific Place, Hong Kong, HKG

Website

https://www.cathaypacific.com

Cathay Pacific Airways is the largest airline group in Hong Kong. It operated a fleet of 222 aircraft as of December 2022 and carried more than 35 million passengers in 2019. Its route network extends to 119 destinations in 35 countries. The group operates the full-service airline Cathay Pacific and the low-cost carrier HK Express. It also runs the cargo carrier Air Hong Kong.

Cathay Pacific Airways (Cathay Pacific Airways) Headlines

From GuruFocus

Cathay Pacific Airways Launches 12-week Cargo Service to Pittsburgh, Pennsylvania

By PRNewswire PRNewswire • 09-21-2020