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Boeing Co (XSGO:BA) Days Sales Outstanding

: 11.90 (As of Dec. 2023)
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Boeing Co's average Accounts Receivable for the three months ended in Dec. 2023 was $2,873 Mil. Boeing Co's Revenue for the three months ended in Dec. 2023 was $22,018 Mil. Hence, Boeing Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 11.90.

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

XSGO:BA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 12.43   Med: 17.65   Max: 30.85
Current: 13.31

During the past 13 years, Boeing Co's highest Days Sales Outstanding was 30.85. The lowest was 12.43. And the median was 17.65.

XSGO:BA's Days Sales Outstanding is ranked better than
97.34% of 301 companies
in the Aerospace & Defense industry
Industry Median: 63.6 vs XSGO:BA: 13.31

Boeing Co's Days Sales Outstanding declined from Dec. 2022 (12.11) to Dec. 2023 (11.90).


Boeing Co Days Sales Outstanding Historical Data

The historical data trend for Boeing Co'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.

Boeing Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.33 17.96 15.85 15.49 12.53

Boeing Co 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 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 Premium Member Only Premium Member Only Premium Member Only 12.11 13.98 13.41 15.06 11.90

Competitive Comparison

For the Aerospace & Defense subindustry, Boeing Co'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.


Boeing Co Days Sales Outstanding Distribution

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

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



Boeing Co 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.

Boeing Co'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
=( (2628 + 2713) / 2 ) / 77794*365
=2670.5 / 77794*365
=12.53

Boeing Co'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
=( (3032 + 2713) / 2 ) / 22018*365 / 4
=2872.5 / 22018*365 / 4
=11.90

* 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.


Boeing Co  (XSGO:BA) Days Sales Outstanding Explanation

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


Boeing Co Days Sales Outstanding Related Terms

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Boeing Co (XSGO:BA) Business Description

Address
929 Long Bridge Drive, Arlington, VA, USA, 22202
Boeing is a major aerospace and defense firm. It operates in four segments: commercial airplanes; defense, space, and security; Global services; and Boeing capital. Boeing's commercial airplanes segment competes with Airbus in the production of aircraft ranging from 130 seats upward. Boeing's defense, space, and security segment competes with Lockheed, Northrop, and several other firms to create military aircraft and weaponry. Global services provides aftermarket support to airlines.

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