Fly-E Group (Fly-E Group) Days Sales Outstanding : 13.19 (As of Dec. 2023)

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What is Fly-E Group Days Sales Outstanding?

Fly-E Group's average Accounts Receivable for the three months ended in Dec. 2023 was $1.07 Mil. Fly-E Group's Revenue for the three months ended in Dec. 2023 was $7.43 Mil. Hence, Fly-E Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 13.19.

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

FLYE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.15 Med: 3.01 Max: 10.99
Current: 10.99

During the past 2 years, Fly-E Group's highest Days Sales Outstanding was 10.99. The lowest was 1.15. And the median was 3.01.

FLYE's Days Sales Outstanding is ranked better than
92.94% of 1275 companies
in the Vehicles & Parts industry
Industry Median: 60.34 vs FLYE: 10.99

Fly-E Group's Days Sales Outstanding increased from Dec. 2022 (0.00) to Dec. 2023 (13.19).

Fly-E Group Days Sales Outstanding Historical Data

The historical data trend for Fly-E 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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Fly-E Group Days Sales Outstanding Chart

Fly-E Group Annual Data

Trend

Mar22

Mar23

Days Sales Outstanding

1.15

4.86

Fly-E Group Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			-	9.03	8.08	10.70	13.19

Competitive Comparison of Fly-E Group's Days Sales Outstanding

For the Auto Manufacturers subindustry, Fly-E 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.

Fly-E Group's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Fly-E Group's Days Sales Outstanding distribution charts can be found below:

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

Fly-E 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.

Fly-E Group's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (0.054	+	0.526)	/	2 )	/	21.775	*	365
=	0.29					/	21.775	*	365
=	4.86

Fly-E Group'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
=	( (1.193	+	0.955)	/	2 )	/	7.428	*	365 / 4
=	1.074					/	7.428	*	365 / 4
=	13.19

Fly-E Group (NAS:FLYE) Days Sales Outstanding Explanation

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

Fly-E Group Days Sales Outstanding Related Terms

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Fly-E Group (Fly-E Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Fly-E Group Inc (NAS:FLYE) » Definitions » Days Sales Outstanding

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Address

Website

Fly-E Group Inc is an electric vehicle company that is principally engaged in designing, installing and selling smart electric motorcycles, electric bikes, electric scooters and related accessories under the brand Fly E-Bike. They also provide connectivity solutions and value-added services to their customers.

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