Spirit AeroSystems Holdings (Spirit AeroSystems Holdings) Days Sales Outstanding

: 28.57 (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

Spirit AeroSystems Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was $568 Mil. Spirit AeroSystems Holdings's Revenue for the three months ended in Dec. 2023 was $1,813 Mil. Hence, Spirit AeroSystems Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 28.57.

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

SPR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 24.21 Med: 31.39 Max: 52.21
Current: 32.12

During the past 13 years, Spirit AeroSystems Holdings's highest Days Sales Outstanding was 52.21. The lowest was 24.21. And the median was 31.39.

SPR's Days Sales Outstanding is ranked better than
83.44% of 302 companies
in the Aerospace & Defense industry
Industry Median: 63.895 vs SPR: 32.12

Spirit AeroSystems Holdings's Days Sales Outstanding declined from Dec. 2022 (33.77) to Dec. 2023 (28.57).

Spirit AeroSystems Holdings Days Sales Outstanding Historical Data

The historical data trend for Spirit AeroSystems Holdings'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.

Spirit AeroSystems Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

24.21

52.21

40.21

32.29

31.19

Spirit AeroSystems Holdings 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	Get a 7-Day Free Trial															33.77	33.60	35.02	33.32	28.57

Competitive Comparison

For the Aerospace & Defense subindustry, Spirit AeroSystems Holdings'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.

Spirit AeroSystems Holdings Days Sales Outstanding Distribution

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

* The bar in red indicates where Spirit AeroSystems Holdings's Days Sales Outstanding falls into.

Spirit AeroSystems Holdings 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.

Spirit AeroSystems Holdings'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
=	( (477.9	+	555.8)	/	2 )	/	6047.9	*	365
=	516.85					/	6047.9	*	365
=	31.19

Spirit AeroSystems Holdings'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
=	( (579.4	+	555.8)	/	2 )	/	1812.9	*	365 / 4
=	567.6					/	1812.9	*	365 / 4
=	28.57

Spirit AeroSystems Holdings (NYSE:SPR) Days Sales Outstanding Explanation

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

Spirit AeroSystems Holdings Days Sales Outstanding Related Terms

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

Spirit AeroSystems Holdings (Spirit AeroSystems Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Spirit AeroSystems Holdings Inc (NYSE:SPR) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

S9Q:Germany

Address

3801 South Oliver Street, Wichita, KS, USA, 67210

Website

https://www.spiritaero.com

Spirit AeroSystems manufactures aerostructures, particularly fuselages, cockpits, wing sections, engine pylons, and nacelles for commercial and military aircraft. The company was spun out of Boeing in 2005, and the firm is the largest independent supplier of aerostructures for commercial aircraft. Boeing and Airbus are the firm's primary customers—Boeing represented roughly 60% and Airbus roughly 20% of revenue in recent years. The company is highly exposed to Boeing's 737 program, which accounts for nearly half the company's revenue.

Executives

Alan W Young	officer: SVP Fab & Procurement Officer	3801 S. OLIVER, MC K11-60, WICHITA KS 67210
Sean Black	officer: SVP, Engineering	3801 S OLIVER ST, MC K11-60, WICHITA KS 67210
Mindy Mcpheeters	officer: SVP, GC/Corp Sec	3801 S OLIVER ST, MC K11-60, WICHITA KS 67210
Justin Welner	officer: SVP, CAO & CCO	3801 S OLIVER ST, MC K11-60, WICHITA KS 67210
Mark Miklos	officer: SVP, Defense & Space	3801 S. OLIVER, MC K11-60, WICHITA KS 67210
Kailash Krishnaswamy	officer: SVP, Aftermarket	3801 S OLIVER ST, MC K11-60, WICHITA KS 67210
Robert D Johnson	director	HONEYWELL, 1944 E SKY HARBOR CIRCLE, PHOENIX AZ 85034
Ray James R Jr	director	COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
Fitzgerald William Augustus Iii	director	3801 S OLIVER, MC K11-60, WICHITA KS 67210
Patrick M Shanahan	director	C/O RESILIENCE CAPITAL PARTNERS LLC, 25101 CHAGRIN BLVD 350, BEACHWOOD OH 44122
Terry J George	officer: SVP, Boeing 737 Program	3801 S OLIVER ST, MC K11-60, WICHITA KS 67210
Damon Christopher Ward	officer: Interim Corporate Controller	3801 S OLIVER ST, MAIL CODE K11-60, WICHITA KS 67210
Stephen Anthony Cambone	director	3801 S OLIVER ST, MC K11-60, WICHITA KS 67210
Mcmullen Victor Rodney Jr	officer: SVP, Wichita & Oklahoma Ops	3801 S OLIVER ST, MAIL CODE K11-60, WICHITA KS 67210
Scott Mclarty	officer: SVP, Airbus Programs	3801 S OLIVER ST, MAIL CODE K11-60, WICHITA KS 67210