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Air Industries Group (Air Industries Group) Days Sales Outstanding : 44.42 (As of Dec. 2023)


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What is Air Industries Group Days Sales Outstanding?

Air Industries Group's average Accounts Receivable for the three months ended in Dec. 2023 was $6.56 Mil. Air Industries Group's Revenue for the three months ended in Dec. 2023 was $13.47 Mil. Hence, Air Industries Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 44.42.

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

AIRI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.22   Med: 58.92   Max: 70.18
Current: 53.86

During the past 13 years, Air Industries Group's highest Days Sales Outstanding was 70.18. The lowest was 42.22. And the median was 58.92.

AIRI's Days Sales Outstanding is ranked better than
61.13% of 301 companies
in the Aerospace & Defense industry
Industry Median: 63.6 vs AIRI: 53.86

Air Industries Group's Days Sales Outstanding declined from Dec. 2022 (59.59) to Dec. 2023 (44.42).


Air Industries Group Days Sales Outstanding Historical Data

The historical data trend for Air Industries Group'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.

Air Industries Group Days Sales Outstanding Chart

Air Industries Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.09 60.68 59.67 68.41 61.55

Air Industries Group 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 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 59.59 60.92 53.26 49.60 44.42

Competitive Comparison of Air Industries Group's Days Sales Outstanding

For the Aerospace & Defense subindustry, Air Industries Group'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.


Air Industries Group's Days Sales Outstanding Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where Air Industries Group's Days Sales Outstanding falls into.



Air Industries Group 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.

Air Industries Group'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
=( (9.483 + 7.892) / 2 ) / 51.516*365
=8.6875 / 51.516*365
=61.55

Air Industries Group'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
=( (5.221 + 7.892) / 2 ) / 13.469*365 / 4
=6.5565 / 13.469*365 / 4
=44.42

* 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.


Air Industries Group  (AMEX:AIRI) Days Sales Outstanding Explanation

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


Air Industries Group Days Sales Outstanding Related Terms

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Air Industries Group (Air Industries Group) Business Description

Traded in Other Exchanges
Address
1460 Fifth Avenue, Bay Shore, New York, NY, USA, 11706
Air Industries Group is an aerospace and defense company. Its manufactures and designs structural parts and assemblies that focus on flight safety, including landing gear, arresting gear, engine mounts, flight controls, throttle quadrants, jet engines, and other components. The company also provides sheet metal fabrication of aerostructures, tube bending, and welding services. It reports into two segments namely Complex Machining, and Turbine Engine Components.
Executives
Scott Glassman officer: CHIEF FINANCIAL OFFICER 1479 NORTH CLINTON AVENUE, BAY SHORE NY 11706
Luciano M Melluzzo officer: President 93 FOXON PLACE, NEW BRITAIN CT 06053
Michael N Taglich director TAGLICH BROTHERS INC, 1370 AVENUE OF THE AMERICAS --31ST FLOOR, NEW YORK NY 6317254791
Michael Porcelain director 68 SOUTH SERVICE ROAD, SUITE 230, MELVILLE NY 11747
Peter Rettaliata director C/O AIR INDUSTRIES, 1479 CLINTON AVENUE, BAY SHORE NY 11706
Robert Taglich director, 10 percent owner 700 NEW YORK AVENUE, HUNTINGTON NY 11743
Michael Brand director 4196 MAJESTIC CIRCLE, MEDINA OH 44256
David S. Richmond 10 percent owner, other: See Footnote 1 3568 WILDWOOD AVENUE, JACKSON MI 49202
Rbi Private Investment Iii, Llc other: See Footnote 1 3568 WILDWOOD AVENUE, JACKSON MI 49202
Matthew J. Curfman 10 percent owner, other: See Footnote 1 3568 WILDWOOD AVENUE, JACKSON MI 49202
Rbi Pi Manager, Llc other: See Footnote 1 3568 WILDWOOD AVENUE, JACKSON MI 49202
Richmond Brothers 401(k) Profit Sharing Plan other: See Footnote 1 3568 WILDWOOD AVENUE, JACKSON MI 49202
Rbi Private Investment Ii, Llc other: See Footnote 1 3568 WILDWOOD AVENUE, JACKSON MI 49202
Richmond Brothers, Inc. 10 percent owner, other: See Footnotes 1 and 2 7415 FOXWORTH COURT, JACKSON MI 49201
Michael E Recca officer: Chief Financial Officer

Air Industries Group (Air Industries Group) Headlines