AIRO (AIRO Group) Days Sales Outstanding : 8.51 (As of Mar. 2024)

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What is AIRO Group Days Sales Outstanding?

AIRO Group's average Accounts Receivable for the three months ended in Mar. 2024 was $1.28 Mil. AIRO Group's Revenue for the three months ended in Mar. 2024 was $13.74 Mil. Hence, AIRO Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 8.51.

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

AIRO's Days Sales Outstanding is not ranked ^*
in the Aerospace & Defense industry.
Industry Median: 66.41
* Ranked among companies with meaningful Days Sales Outstanding only.

AIRO Group's Days Sales Outstanding declined from Dec. 2022 (39.49) to Mar. 2024 (8.51).

AIRO Group Days Sales Outstanding Historical Data

The historical data trend for AIRO Group'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.

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AIRO Group Days Sales Outstanding Chart

AIRO Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

44.65

32.15

12.79

AIRO Group Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial						39.49	23.52	10.50	-	8.51

Competitive Comparison of AIRO Group's Days Sales Outstanding

For the Aerospace & Defense subindustry, AIRO Group'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.

AIRO Group's Days Sales Outstanding Distribution in the Aerospace & Defense Industry

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

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

AIRO Group 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.

AIRO Group'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
=	( (1.655	+	1.377)	/	2 )	/	43.254	*	365
=	1.516					/	43.254	*	365
=	12.79

AIRO Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (1.377	+	1.185)	/	2 )	/	13.74	*	365 / 4
=	1.281					/	13.74	*	365 / 4
=	8.51

AIRO Group (NAS:AIRO) Days Sales Outstanding Explanation

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

AIRO Group Days Sales Outstanding Related Terms

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AIRO Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » AIRO Group Inc (NAS:AIRO) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

5001 Indian School Road NE, Suite 100, Albuquerque, NM, USA, 87110

Website

https://www.theairogroup.com

AIRO Group Holdings Inc is a multi-faceted air mobility, autonomy & aerospace platform with differentiated technologies and capabilities dynamically addressing high-growth market trends across the entire Drone Ecosystem with a compelling range of drone technologies & services, avionics and defense training. AIRO provides a diversified product portfolio, ranging from established and mature product offerings to innovative drone and eVTOL solutions, with a balanced customer mix, both military and civil. Its wholly-owned subsidiaries are organized across four complimentary strategic divisions, each with a diverse set of partners and customers and each representing a large and fast-growing market segment: Advanced Avionics; Training; Uncrewed Air Systems; and Electric Air Mobility.

AIRO Group Headlines

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