Copa Holdings (Copa Holdings) Days Sales Outstanding : 16.47 (As of Dec. 2023)

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What is Copa Holdings Days Sales Outstanding?

Copa Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was $166 Mil. Copa Holdings's Revenue for the three months ended in Dec. 2023 was $917 Mil. Hence, Copa Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 16.47.

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

CPA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 12.8 Med: 16.6 Max: 44.3
Current: 16.61

During the past 13 years, Copa Holdings's highest Days Sales Outstanding was 44.30. The lowest was 12.80. And the median was 16.60.

CPA's Days Sales Outstanding is ranked better than
85.4% of 966 companies
in the Transportation industry
Industry Median: 45.73 vs CPA: 16.61

Copa Holdings's Days Sales Outstanding increased from Dec. 2022 (14.48) to Dec. 2023 (16.47).

Copa Holdings Days Sales Outstanding Historical Data

The historical data trend for Copa 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.

Copa Holdings Days Sales Outstanding Chart

Copa Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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16.57

44.30

17.83

12.80

14.99

Copa 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															14.48	15.36	18.70	17.69	16.47

Competitive Comparison of Copa Holdings's Days Sales Outstanding

For the Airlines subindustry, Copa 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.

Copa Holdings's Days Sales Outstanding Distribution in the Transportation Industry

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

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

Copa 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.

Copa 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
=	( (125.013	+	159.247)	/	2 )	/	3461.098	*	365
=	142.13					/	3461.098	*	365
=	14.99

Copa 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
=	( (171.802	+	159.247)	/	2 )	/	916.934	*	365 / 4
=	165.5245					/	916.934	*	365 / 4
=	16.47

Copa Holdings (NYSE:CPA) Days Sales Outstanding Explanation

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

Copa Holdings Days Sales Outstanding Related Terms

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Copa Holdings (Copa Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Copa Holdings SA (NYSE:CPA) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CPAN:Mexico C2H:Germany C2H:Germany

Address

Costa del Este, Complejo Business Park, Avenida Principal y Avenida de la Rotonda, Torre Norte Parque Lefevre, Panama, PAN

Website

https://www.copaair.com

Copa Holdings SA is a provider of airline passenger and cargo service through its subsidiaries. The company operates through the air transportation segment. It offers international air transportation for passengers, cargo, and mail, operating from its Panama City hub in the Republic of Panama and domestic and international air transportation for passengers, cargo and mail with a point-to-point route network through Copa Colombia a Colombian air carrier. The company's geographical segments are North America, South America, Central America, and Caribbean. It derives a majority of revenue from South America.