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New Horizon Aircraft (New Horizon Aircraft) Days Sales Outstanding : 0.00 (As of May. 2023)


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What is New Horizon Aircraft Days Sales Outstanding?

New Horizon Aircraft's average Accounts Receivable for the six months ended in May. 2023 was $0.01 Mil. New Horizon Aircraft's Revenue for the six months ended in May. 2023 was $0.00 Mil.

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

HOVR's Days Sales Outstanding is not ranked *
in the Aerospace & Defense industry.
Industry Median: 63.18
* Ranked among companies with meaningful Days Sales Outstanding only.

New Horizon Aircraft's Days Sales Outstanding stayed the same from . 20 (0.00) to May. 2023 (0.00).

New Horizon Aircraft Days Sales Outstanding Historical Data

The historical data trend for New Horizon Aircraft'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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New Horizon Aircraft Days Sales Outstanding Chart

New Horizon Aircraft Annual Data
Trend May22 May23
Days Sales Outstanding
- -

New Horizon Aircraft Semi-Annual Data
May22 May23
Days Sales Outstanding - -

Competitive Comparison of New Horizon Aircraft's Days Sales Outstanding

For the Aerospace & Defense subindustry, New Horizon Aircraft'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.

New Horizon Aircraft's Days Sales Outstanding Distribution in the Aerospace & Defense Industry

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

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


New Horizon Aircraft 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.

New Horizon Aircraft's Days Sales Outstanding for the fiscal year that ended in May. 2023 is calculated as

Days Sales Outstanding (A: May. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: May. 2022 ) + Accounts Receivable (A: May. 2023 )) / count ) / Revenue (A: May. 2023 )*Days in Period
=( (0 + 0.011) / 1 ) / 0*365
=0.011 / 0*365
=N/A

New Horizon Aircraft's Days Sales Outstanding for the quarter that ended in May. 2023 is calculated as:

Days Sales Outstanding (Q: May. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: May. 2022 ) + Accounts Receivable (A: May. 2023 )) / count ) / Revenue (A: May. 2023 )*Days in Period
=( (0 + 0.011) / 1 ) / 0*365 / 2
=0.011 / 0*365 / 2
=N/A

* 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.

New Horizon Aircraft  (NAS:HOVR) Days Sales Outstanding Explanation

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

New Horizon Aircraft Days Sales Outstanding Related Terms

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New Horizon Aircraft (New Horizon Aircraft) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » New Horizon Aircraft Ltd (NAS:HOVR) » Definitions » Days Sales Outstanding
Comparable Companies
Traded in Other Exchanges
N/A
Address
3187 Highway 35, Lindsay, ON, CAN, K9V 4R1
Website
New Horizon Aircraft Ltd is an advanced aerospace Original Equipment Manufacturer that is designing and aiming to build a next-generation hybrid electric vertical take-off and landing aircraft for the regional air mobility market. Its unique aircraft will offer a more efficient way to move people and goods at a regional scale, help to connect remote communities and advance its ability to deal with an increasing number of climate-related natural disasters such as wildfires, Floods and droughts. The company aims to deliver a hybrid electric 7-seat aircraft, called the Cavorite X7, that can take off and land vertically like and helicopter.

New Horizon Aircraft (New Horizon Aircraft) Headlines

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