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PASSUR Aerospace (PASSUR Aerospace) Days Sales Outstanding : 59.00 (As of Jul. 2022)


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What is PASSUR Aerospace Days Sales Outstanding?

PASSUR Aerospace's average Accounts Receivable for the three months ended in Jul. 2022 was $0.96 Mil. PASSUR Aerospace's Revenue for the three months ended in Jul. 2022 was $1.48 Mil. Hence, PASSUR Aerospace's Days Sales Outstanding for the three months ended in Jul. 2022 was 59.00.

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

PSSR's Days Sales Outstanding is not ranked *
in the Aerospace & Defense industry.
Industry Median: 63.37
* Ranked among companies with meaningful Days Sales Outstanding only.

PASSUR Aerospace's Days Sales Outstanding increased from Jul. 2021 (33.87) to Jul. 2022 (59.00).


PASSUR Aerospace Days Sales Outstanding Historical Data

The historical data trend for PASSUR Aerospace'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.

PASSUR Aerospace Days Sales Outstanding Chart

PASSUR Aerospace Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.00 31.36 28.24 28.54 43.60

PASSUR Aerospace Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
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 33.87 40.32 41.49 53.39 59.00

Competitive Comparison of PASSUR Aerospace's Days Sales Outstanding

For the Aerospace & Defense subindustry, PASSUR Aerospace'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.


PASSUR Aerospace's Days Sales Outstanding Distribution in the Aerospace & Defense Industry

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

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



PASSUR Aerospace 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.

PASSUR Aerospace's Days Sales Outstanding for the fiscal year that ended in Oct. 2021 is calculated as

Days Sales Outstanding (A: Oct. 2021 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Oct. 2020 ) + Accounts Receivable (A: Oct. 2021 )) / count ) / Revenue (A: Oct. 2021 )*Days in Period
=( (0.662 + 0.809) / 2 ) / 6.157*365
=0.7355 / 6.157*365
=43.60

PASSUR Aerospace's Days Sales Outstanding for the quarter that ended in Jul. 2022 is calculated as:

Days Sales Outstanding (Q: Jul. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Apr. 2022 ) + Accounts Receivable (A: Jul. 2022 )) / count ) / Revenue (A: Jul. 2022 )*Days in Period
=( (1.008 + 0.911) / 2 ) / 1.484*365 / 4
=0.9595 / 1.484*365 / 4
=59.00

* 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.


PASSUR Aerospace  (OTCPK:PSSR) Days Sales Outstanding Explanation

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


PASSUR Aerospace Days Sales Outstanding Related Terms

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PASSUR Aerospace (PASSUR Aerospace) Business Description

Traded in Other Exchanges
N/A
Address
One Landmark Square, Suite 1905, Stamford, CT, USA, 06901
PASSUR Aerospace Inc is engaged in digital operational excellence, providing predictive analytics and decision support technology for the aviation industry, to improve the operational performance and cash flow of airlines and the airports where they operate. The company's information solutions are used at five North American airlines; by airlines in Europe; by more than 60 airport customers (used at the top 30 North American airports); by more than 100 business aviation organizations; and by the US government.
Executives
Allison O'neill officer: Exec. VP Finance & Admin 883 INMAN VILLAGE PARKWAY, ATLANTA GA 30307
Richard L Haver director C/O PASSUR AEROSPACE, INC., ONE LANDMARK SQUARE, SUITE 1900, STAMFORD CT 06901
Robert M. Stafford director C/O PASSUR AEROSPACE, ONE LANDMARK SQUARE, SUITE 1900, STAMFORD CT 06901
Michael Owen Hulley director ONE LANDMARK SQUARE, SUITE 1900, STAMFORD NY 06901
Michael P. Schumaecker director BOX 205, ORLEANS MA 02653
Sean L Doherty officer: Exec. VP Finance & Admin 34 MILSON CRESCENT, GUELPH A6 N1C1G9
Michael Henne officer: Chief Commercial Officer ONE LANDMARK SQUARE, SUITE 1900, STAMFORD CT 06901
Brian Gerald Cook director 840 ST. JOHNS AVE., GREEN COVE SPRINGS FL 32043
John Franklin Thomas director 25 BURR DRIVE, NEEDHAM MA 02492
Ronald Rose director
David Mackenzie Henderson officer: See Remarks ONE LANDMARK SQUARE, SUITE 1900, STAMFORD CT 06901
David Brukman officer: Chief Technology Officer 6 WATCH HILL DR., GREENWICH CT 06831
Keith D. Wichman officer: VP-Airline Solutions/Product C/O PASSUR AEROSPACE, ONE LANDMARK SQUARE, SUITE 1900, STANFORD CT 06901
William S. Leber officer: VP of Air-Traffic Innovations C/O PASSUR AEROSPACE, ONE LANDMARK SQUARE SUITE 1900, STANFORD CT 06901
Thomas Scott White officer: Senior VP ATM & Technology C/O PASSUR AEROSPACE, ONE LANDMARK SQUARE, SUITE 1900, STANFORD CT 06901

PASSUR Aerospace (PASSUR Aerospace) Headlines

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