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Air New Zealand (Air New Zealand) Days Sales Outstanding : 24.16 (As of Dec. 2023)


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What is Air New Zealand Days Sales Outstanding?

Air New Zealand's average Accounts Receivable for the six months ended in Dec. 2023 was $277 Mil. Air New Zealand's Revenue for the six months ended in Dec. 2023 was $2,090 Mil. Hence, Air New Zealand's Days Sales Outstanding for the six months ended in Dec. 2023 was 24.16.

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

ANZFF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 20.86   Med: 24.4   Max: 33.71
Current: 24.01

During the past 13 years, Air New Zealand's highest Days Sales Outstanding was 33.71. The lowest was 20.86. And the median was 24.40.

ANZFF's Days Sales Outstanding is ranked better than
77.82% of 965 companies
in the Transportation industry
Industry Median: 45.68 vs ANZFF: 24.01

Air New Zealand's Days Sales Outstanding increased from Dec. 2022 (22.74) to Dec. 2023 (24.16).


Air New Zealand Days Sales Outstanding Historical Data

The historical data trend for Air New Zealand'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.

Air New Zealand Days Sales Outstanding Chart

Air New Zealand Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.94 27.08 31.48 35.23 21.51

Air New Zealand Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial 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 39.59 35.13 22.74 23.58 24.16

Competitive Comparison of Air New Zealand's Days Sales Outstanding

For the Airlines subindustry, Air New Zealand'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.


Air New Zealand's Days Sales Outstanding Distribution in the Transportation Industry

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

* The bar in red indicates where Air New Zealand's Days Sales Outstanding falls into.



Air New Zealand 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.

Air New Zealand's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

Days Sales Outstanding (A: Jun. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count ) / Revenue (A: Jun. 2023 )*Days in Period
=( (198.856 + 258.896) / 2 ) / 3883.436*365
=228.876 / 3883.436*365
=21.51

Air New Zealand'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: Jun. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (258.896 + 294.337) / 2 ) / 2089.608*365 / 2
=276.6165 / 2089.608*365 / 2
=24.16

* 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.


Air New Zealand  (OTCPK:ANZFF) Days Sales Outstanding Explanation

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


Air New Zealand Days Sales Outstanding Related Terms

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Air New Zealand (Air New Zealand) Business Description

Address
185 Fanshawe Street, Air New Zealand House, Auckland, NTL, NZL, 1010
Air New Zealand, majority owned by the New Zealand Government, provides air passenger and cargo transport services within New Zealand, as well as to and from Australia, the South-West Pacific, Asia, North America, the United Kingdom, and South America. Air New Zealand also encompasses business units providing engineering and ground handling services. Air New Zealand dominates the local market, with around 80% market share, although the majority of revenue is derived from international and trans-Tasman activity.