FNNNF (Finnair Oyj) Days Sales Outstanding : 22.11 (As of Sep. 2024)

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What is Finnair Oyj Days Sales Outstanding?

Finnair Oyj's average Accounts Receivable for the three months ended in Sep. 2024 was $220 Mil. Finnair Oyj's Revenue for the three months ended in Sep. 2024 was $908 Mil. Hence, Finnair Oyj's Days Sales Outstanding for the three months ended in Sep. 2024 was 22.11.

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

FNNNF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.21 Med: 18.23 Max: 32.2
Current: 21.16

During the past 13 years, Finnair Oyj's highest Days Sales Outstanding was 32.20. The lowest was 11.21. And the median was 18.23.

FNNNF's Days Sales Outstanding is ranked better than
80.33% of 961 companies
in the Transportation industry
Industry Median: 46.02 vs FNNNF: 21.16

Finnair Oyj's Days Sales Outstanding increased from Sep. 2023 (17.28) to Sep. 2024 (22.11).

Finnair Oyj Days Sales Outstanding Historical Data

The historical data trend for Finnair Oyj'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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Finnair Oyj Days Sales Outstanding Chart

Finnair Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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15.61

30.12

23.61

12.56

11.05

Finnair Oyj Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															17.28	15.92	20.22	24.66	22.11

Competitive Comparison of Finnair Oyj's Days Sales Outstanding

For the Airlines subindustry, Finnair Oyj'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.

Finnair Oyj's Days Sales Outstanding Distribution in the Transportation Industry

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

* The bar in red indicates where Finnair Oyj's Days Sales Outstanding falls into.

Finnair Oyj 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.

Finnair Oyj'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
=	( (94.703	+	102.617)	/	2 )	/	3258.997	*	365
=	98.66					/	3258.997	*	365
=	11.05

Finnair Oyj's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (220.022	+	219.978)	/	2 )	/	908.102	*	365 / 4
=	220					/	908.102	*	365 / 4
=	22.11

Finnair Oyj (OTCPK:FNNNF) Days Sales Outstanding Explanation

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

Finnair Oyj Days Sales Outstanding Related Terms

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Finnair Oyj Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Finnair Oyj (OTCPK:FNNNF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

0EG8:UK FIA1S:Finland FAI0:Germany

Address

Tietotie 9 A Helsinki Airport, PO Box 15, Vantaa, FIN, 01053

Website

https://company.finnair.com

Finnair Oyj is a Finland-based airline company that provides air transport operations and supporting services. The company is engaged in delivering services for scheduled passenger and charter traffic as well as cargo sales, customer service and service concepts, flight operations, and activities connected with the procurement and financing of aircraft. The company also provides travel services which consist of travel agency operations as well as tour operations and travel sector software business operations. Its travel services provide various traveling packages to customers through its travel operators and travel agencies, also its support services include catering services, Aircraft maintenance, ground handling, and Airline training.