Magellan Aerospace (FRA:4M7A) Days Sales Outstanding : 76.45 (As of Mar. 2024)

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What is Magellan Aerospace Days Sales Outstanding?

Magellan Aerospace's average Accounts Receivable for the three months ended in Mar. 2024 was €134.0 Mil. Magellan Aerospace's Revenue for the three months ended in Mar. 2024 was €159.9 Mil. Hence, Magellan Aerospace's Days Sales Outstanding for the three months ended in Mar. 2024 was 76.45.

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

FRA:4M7A' s Days Sales Outstanding Range Over the Past 10 Years
Min: 50.65 Med: 62.49 Max: 81.78
Current: 81.78

During the past 13 years, Magellan Aerospace's highest Days Sales Outstanding was 81.78. The lowest was 50.65. And the median was 62.49.

FRA:4M7A's Days Sales Outstanding is ranked worse than
60.47% of 301 companies
in the Aerospace & Defense industry
Industry Median: 63.12 vs FRA:4M7A: 81.78

Magellan Aerospace's Days Sales Outstanding increased from Mar. 2023 (68.92) to Mar. 2024 (76.45).

Magellan Aerospace Days Sales Outstanding Historical Data

The historical data trend for Magellan Aerospace'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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Magellan Aerospace Days Sales Outstanding Chart

Magellan Aerospace Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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55.28

63.40

62.02

65.68

66.48

Magellan Aerospace Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															68.92	83.28	87.15	78.85	76.45

Competitive Comparison of Magellan Aerospace's Days Sales Outstanding

For the Aerospace & Defense subindustry, Magellan Aerospace'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.

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

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

* The bar in red indicates where Magellan Aerospace's Days Sales Outstanding falls into.

Magellan Aerospace 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.

Magellan Aerospace'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
=	( (94.227	+	124.773)	/	2 )	/	601.229	*	365
=	109.5					/	601.229	*	365
=	66.48

Magellan Aerospace'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
=	( (124.773	+	143.148)	/	2 )	/	159.887	*	365 / 4
=	133.9605					/	159.887	*	365 / 4
=	76.45

Magellan Aerospace (FRA:4M7A) Days Sales Outstanding Explanation

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

Magellan Aerospace Days Sales Outstanding Related Terms

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Magellan Aerospace (FRA:4M7A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Magellan Aerospace Corp (FRA:4M7A) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

MALJF:USA 4M7A:Germany MAL:Canada

Address

3160 Derry Road East, Mississauga, ON, CAN, L4T 1A9

Website

https://www.magellan.aero

Magellan Aerospace Corp supplies components to the aerospace industry. It has two major product groups: aerostructures and aeroengines. Its engines and parts may be applied to new aircraft, or as replacement parts to existing platforms. The company also provides aftermarket support by conducting specific repairs and other maintenance services. It serves both commercial (approximately three-fourths of total sales) and defense markets. Additionally, parts and equipment may be provided for power generation projects, but sales do not constitute a material amount. The three geographic regions to which Magellan primarily sells are Canada, the United States, and Europe.

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