Chorus Aviation (Chorus Aviation) Days Sales Outstanding

: 43.89 (As of Dec. 2023)

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Chorus Aviation's average Accounts Receivable for the three months ended in Dec. 2023 was $151 Mil. Chorus Aviation's Revenue for the three months ended in Dec. 2023 was $314 Mil. Hence, Chorus Aviation's Days Sales Outstanding for the three months ended in Dec. 2023 was 43.89.

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

CHRRF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 12.3 Med: 18.07 Max: 42.74
Current: 40.89

During the past 13 years, Chorus Aviation's highest Days Sales Outstanding was 42.74. The lowest was 12.30. And the median was 18.07.

CHRRF's Days Sales Outstanding is ranked better than
57.33% of 968 companies
in the Transportation industry
Industry Median: 45.73 vs CHRRF: 40.89

Chorus Aviation's Days Sales Outstanding increased from Dec. 2022 (38.83) to Dec. 2023 (43.89).

Chorus Aviation Days Sales Outstanding Historical Data

The historical data trend for Chorus Aviation'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.

Chorus Aviation Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

16.68

30.19

41.70

37.93

42.49

Chorus Aviation 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																38.83	39.07	39.56	39.01	43.89

Competitive Comparison

For the Airports & Air Services subindustry, Chorus Aviation'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.

Chorus Aviation Days Sales Outstanding Distribution

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

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

Chorus Aviation 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.

Chorus Aviation'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
=	( (136.643	+	155.088)	/	2 )	/	1253.037	*	365
=	145.8655					/	1253.037	*	365
=	42.49

Chorus Aviation'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
=	( (147.122	+	155.088)	/	2 )	/	314.141	*	365 / 4
=	151.105					/	314.141	*	365 / 4
=	43.89

Chorus Aviation (OTCPK:CHRRF) Days Sales Outstanding Explanation

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

Chorus Aviation Days Sales Outstanding Related Terms

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Chorus Aviation (Chorus Aviation) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Chorus Aviation Inc (OTCPK:CHRRF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

1H0:Germany CHR:Canada

Address

3 Spectacle Lake Drive, Suite 380, Dartmouth, NS, CAN, B3B 1W8

Website

https://www.chorusaviation.com

Chorus Aviation Inc is a Canadian holding company. It aims to deliver regional aviation to the world through its businesses. It specializes in contract flying, maintenance, repair and overhaul, and aircraft leasing solutions. The company operates in two segments namely, the Regional Aviation Services segment includes contract flying, charter operations and maintenance, repair, and overhaul services that are carried on by both Jazz and Voyageur, and the Regional Aircraft Leasing segment leases aircraft to third parties through its wholly-owned subsidiary Chorus Aviation Capital Corp. It generates maximum revenue from the Regional Aviation Services segment.

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