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easyJet (easyJet) Days Sales Outstanding : 7.92 (As of Sep. 2023)


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What is easyJet Days Sales Outstanding?

easyJet's average Accounts Receivable for the six months ended in Sep. 2023 was $294 Mil. easyJet's Revenue for the six months ended in Sep. 2023 was $6,785 Mil. Hence, easyJet's Days Sales Outstanding for the six months ended in Sep. 2023 was 7.92.

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

EJTTF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.83   Med: 5.39   Max: 8.34
Current: 8.34

During the past 13 years, easyJet's highest Days Sales Outstanding was 8.34. The lowest was 3.83. And the median was 5.39.

EJTTF's Days Sales Outstanding is ranked better than
93.79% of 966 companies
in the Transportation industry
Industry Median: 45.73 vs EJTTF: 8.34

easyJet's Days Sales Outstanding declined from Sep. 2022 (10.00) to Sep. 2023 (7.92).


easyJet Days Sales Outstanding Historical Data

The historical data trend for easyJet'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.

easyJet Days Sales Outstanding Chart

easyJet Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.61 5.67 7.63 4.12 4.03

easyJet Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 14.64 23.26 10.00 15.10 7.92

Competitive Comparison of easyJet's Days Sales Outstanding

For the Airlines subindustry, easyJet'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.


easyJet's Days Sales Outstanding Distribution in the Transportation Industry

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

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



easyJet 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.

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

Days Sales Outstanding (A: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2022 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (87.203 + 136.139) / 2 ) / 10112.624*365
=111.671 / 10112.624*365
=4.03

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

Days Sales Outstanding (Q: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (452.67 + 136.139) / 2 ) / 6784.653*365 / 2
=294.4045 / 6784.653*365 / 2
=7.92

* 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.


easyJet  (OTCPK:EJTTF) Days Sales Outstanding Explanation

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


easyJet Days Sales Outstanding Related Terms

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


easyJet (easyJet) Business Description

Traded in Other Exchanges
Address
Hangar 89, London Luton Airport, Luton, Bedfordshire, GBR, LU2 9PF
easyJet PLC is a European low-cost carrier with a focus on Western European markets. The company employs a low-cost no-frills model to offer low fares to customers on short-haul routes. Its operating segment includes Airline that operates easyJet's route network and Holidays that sells holiday packages. It generates maximum revenue from the Airline segment. Geographically, it derives a majority of its revenue from the United Kingdom.

easyJet (easyJet) Headlines

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