AAR (AIR) Days Sales Outstanding

: 33.91 (As of Feb. 2024)

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AAR's average Accounts Receivable for the three months ended in Feb. 2024 was $211 Mil. AAR's Revenue for the three months ended in Feb. 2024 was $567 Mil. Hence, AAR's Days Sales Outstanding for the three months ended in Feb. 2024 was 33.91.

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

AIR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 20.86 Med: 39.34 Max: 61.99
Current: 34.07

During the past 13 years, AAR's highest Days Sales Outstanding was 61.99. The lowest was 20.86. And the median was 39.34.

AIR's Days Sales Outstanding is ranked better than
81.4% of 301 companies
in the Aerospace & Defense industry
Industry Median: 63.6 vs AIR: 34.07

AAR's Days Sales Outstanding increased from Feb. 2023 (32.67) to Feb. 2024 (33.91).

AAR Days Sales Outstanding Historical Data

The historical data trend for AAR'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.

AAR Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Days Sales Outstanding

28.75

20.86

27.02

29.82

33.12

AAR Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Sales Outstanding																32.67	32.09	34.54	35.55	33.91

Competitive Comparison

For the Aerospace & Defense subindustry, AAR'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.

AAR Days Sales Outstanding Distribution

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

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

AAR 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.

AAR's Days Sales Outstanding for the fiscal year that ended in May. 2023 is calculated as

	Days Sales Outstanding (A: May. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: May. 2022 )	+	Accounts Receivable (A: May. 2023 ))	/	count )	/	Revenue (A: May. 2023 )	*	Days in Period
=	( (168.4	+	192.8)	/	2 )	/	1990.5	*	365
=	180.6					/	1990.5	*	365
=	33.12

AAR's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding (Q: Feb. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Nov. 2023 )	+	Accounts Receivable (A: Feb. 2024 ))	/	count )	/	Revenue (A: Feb. 2024 )	*	Days in Period
=	( (201.6	+	220)	/	2 )	/	567.3	*	365 / 4
=	210.8					/	567.3	*	365 / 4
=	33.91

AAR (NYSE:AIR) Days Sales Outstanding Explanation

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

AAR Days Sales Outstanding Related Terms

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AAR (AIR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » AAR Corp (NYSE:AIR) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

ARZ:Germany ARZ:Germany

Address

1100 N. Wood Dale Road, One AAR Place, Wood Dale, IL, USA, 60191

Website

https://www.aarcorp.com

AAR Corp is engaged in providing products and services to aviation, government, and defense market. It operates in two segments namely Aviation Services and Expeditionary Services. The Aviation Services segment consists of aftermarket support and services businesses that provide spares and maintenance support for aircraft operated by it's commercial and government/defense customers. The Expeditionary Services segment consists of businesses that provide products and services supporting the movement of equipment and personnel by the U.S. Department of Defense, foreign governments, and non-governmental organizations. It generates a majority of its revenue from the Aviation Services Segment.

Executives

Peter Pace	director	C/O AAR CORP., 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Holmes John Mcclain Iii	officer: Group Vice President	1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Billy Nolen	director	1100 N WOOD DALE RD, WOOD DALE IL 60191
Sean M. Gillen	officer: VP-CFO	1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Eric Pachapa	officer: VP, Controller and CAO	1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Jessica A. Garascia	officer: Vice President and Secretary	1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Tracey Patterson	officer: Sr. VP & Chief HR Officer	1100 N WOOD DALE RD, WOOD DALE IL 60191
Christopher A. Jessup	officer: Vice President-CCO	1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Jennifer L Vogel	director	C/O AAR CORP., 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
John W Dietrich	director
Anthony Anderson	director	1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Gilbertson H John Jr	director	3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
David P Storch	director, officer: President, CEO & Director	C/O AAR CORP, 1111 NICHOLAS BLVD, 1111 NICHOLAS BLVD IL 60007
Michael Ross Boyce	director	1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
Ellen M. Lord	director	1100 N. WOOD DALE ROAD, WOOD DALE IL 60191