Gogo's average Accounts Receivable for the
three
months ended in Dec. 2023 was $48.8 Mil. Gogo's Revenue for the
three
months ended in Dec. 2023 was $97.8 Mil.
Hence, Gogo's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 45.52.
The historical rank and industry rank for Gogo's Days Sales Outstanding or its related term are showing as below:
GOGO'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 33.15 Med: 45.4 Max: 158.63
Current: 45.73
During the past 13 years, Gogo's highest Days Sales Outstanding was 158.63. The lowest was 33.15. And the median was 45.40.
GOGO's Days Sales Outstanding is ranked better than 62.99% of 381
companies
in the Telecommunication Services industry
Industry Median: 56.4
vs GOGO: 45.73
Gogo's Days Sales Outstanding
increased
from Dec. 2022 (43.63) to Dec. 2023 (45.52).
Gogo Days Sales Outstanding Historical Data
The historical data trend for Gogo'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.
Competitive Comparison of Gogo's Days Sales Outstanding
For the Telecom Services subindustry, Gogo'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.
Gogo's Days Sales Outstanding Distribution in the Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Gogo's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Gogo's Days Sales Outstanding falls into.
Gogo 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.
* 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.
Gogo (NAS:GOGO) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Gogo Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Gogo's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Gogo Inc is a us-based in-flight connectivity system and service provider. The company through its subsidiaries offers aero communications, in-flight broadband, and wireless in-cabin digital entertainment solutions for the aviation industry. Its business segments include; Commercial Aviation North America, Commercial Aviation Rest of World, and Business Aviation. The company offers connectivity and entertainment services to commercial airlines flying routes within North America, satellite-based connectivity and entertainment services to foreign-based commercial airlines and North American-based commercial airlines flying outside North America, and a variety of in-flight Internet connectivity and other voice and data communications products and services.
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