Six Flags Entertainment (Six Flags Entertainment) Days Sales Outstanding

: 23.94 (As of Dec. 2023)

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Six Flags Entertainment's average Accounts Receivable for the three months ended in Dec. 2023 was $77 Mil. Six Flags Entertainment's Revenue for the three months ended in Dec. 2023 was $293 Mil. Hence, Six Flags Entertainment's Days Sales Outstanding for the three months ended in Dec. 2023 was 23.94.

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

SIX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.34 Med: 18.7 Max: 74.36
Current: 17.48

During the past 13 years, Six Flags Entertainment's highest Days Sales Outstanding was 74.36. The lowest was 14.34. And the median was 18.70.

SIX's Days Sales Outstanding is ranked better than
65.67% of 801 companies
in the Travel & Leisure industry
Industry Median: 29.92 vs SIX: 17.48

Six Flags Entertainment's Days Sales Outstanding increased from Dec. 2022 (19.84) to Dec. 2023 (23.94).

Six Flags Entertainment Days Sales Outstanding Historical Data

The historical data trend for Six Flags Entertainment'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.

Six Flags Entertainment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

27.57

74.36

16.38

19.77

14.34

Six Flags Entertainment 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																19.84	30.44	14.25	15.33	23.94

Competitive Comparison

For the Leisure subindustry, Six Flags Entertainment'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.

Six Flags Entertainment Days Sales Outstanding Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Six Flags Entertainment's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Six Flags Entertainment's Days Sales Outstanding falls into.

Six Flags Entertainment 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.

Six Flags Entertainment'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
=	( (49.405	+	62.66)	/	2 )	/	1425.903	*	365
=	56.0325					/	1425.903	*	365
=	14.34

Six Flags Entertainment'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
=	( (90.877	+	62.66)	/	2 )	/	292.551	*	365 / 4
=	76.7685					/	292.551	*	365 / 4
=	23.94

Six Flags Entertainment (NYSE:SIX) Days Sales Outstanding Explanation

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

Six Flags Entertainment Days Sales Outstanding Related Terms

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Six Flags Entertainment (Six Flags Entertainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Six Flags Entertainment Corp (NYSE:SIX) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

6FE:Germany 6FE:Germany S2IX34:Brazil

Address

1000 Ballpark Way, Suite 400, Arlington, TX, USA, 76011

Website

https://www.sixflags.com

Six Flags Entertainment Corp owns and operate regional theme parks and water parks. The company operates around 27 theme parks and waterparks, 24 are located in the United States, two are located in Mexico and one is located in Montreal, Canada. The parks generally offer various rides, water attractions, themed areas, concerts, restaurants, game venues, and merchandise outlets.

Executives

Derek Sample	officer: Chief Accounting Officer	C/O SIX FLAGS ENTERTAINMENT CORPORATION, 1000 BALLPARK WAY, SUITE 400, ARLINGTON TX 76011
Aimee Williams-ramey	officer: CHIEF LEGAL OFFICER	C/O SIX FLAGS ENTERTAINMENT CORPORATION, SUITE 400, ARLINGTON TX 76011
Gary Mick	officer: CHIEF FINANCIAL OFFICER	C/O SIX FLAGS ENTERTAINMENT CORPORATION, 1000 BALLPARK WAY, SUITE 400, ARLINGTON TX 76011
Marilyn G Spiegel	director	ONE CAESARS PALACE DRIVE, C/O CAESARS ENTERTAINMENT, LAS VEGAS NV 89109
Rehan Jaffer	10 percent owner	C/O H PARTNERS MANAGEMENT, LLC, 888 SEVENTH AVENUE, 29TH FLOOR, NEW YORK NY 10019
Arik W Ruchim	director	600 CORPORATION DRIVE, PENDLETON IN 46064
Chieh E. Huang	director	C/O GIDDY INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Stephen Purtell	officer: Interim CFO	C/O SIX FLAGS ENTERTAINMENT CORPORATION, 1000 BALLPARK WAY, SUITE 400, ARLINGTON TX 76011
Justin Hunt	officer: Principal Accounting Officer	C/O SIX FLAGS ENTERTAINMENT CORPORATION, 1000 BALLPARK WAY, SUITE 400, ARLINGTON TX 76011
Selim A Bassoul	director	C/O MIDDLEBY CORP, 1400 TOASTMASTER DRIVE, ELGIN IL 8477413300
Wilson Taylor Brooks	officer: VP, Chief Accounting Officer	2020 RAISINTREE DRIVE, FORT WORTH TX 76244
Mike Spanos	director	PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577
Denise M. Clark	director	C/O AMC ENTERTAINMENT HOLDINGS INC, 11500 ASH STREET, LEAWOOD KS 66211
Kurt Matthew Cellar	director	71 ROTON AVENUE, NORWALK CT 06853
Nancy A Krejsa	director	292 SOUTH OLD CREEK ROAD, VERNON HILLS IL 60061