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GE Aerospace (LIM:GE) Days Sales Outstanding

: 79.52 (As of Dec. 2023)
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GE Aerospace's average Accounts Receivable for the three months ended in Dec. 2023 was $16,927 Mil. GE Aerospace's Revenue for the three months ended in Dec. 2023 was $19,423 Mil. Hence, GE Aerospace's Days Sales Outstanding for the three months ended in Dec. 2023 was 79.52.

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

LIM:GE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 91.17   Med: 133.46   Max: 494.46
Current: 91.17

During the past 13 years, GE Aerospace's highest Days Sales Outstanding was 494.46. The lowest was 91.17. And the median was 133.46.

LIM:GE's Days Sales Outstanding is ranked worse than
68.21% of 302 companies
in the Aerospace & Defense industry
Industry Median: 63.895 vs LIM:GE: 91.17

GE Aerospace's Days Sales Outstanding declined from Dec. 2022 (104.81) to Dec. 2023 (79.52).


GE Aerospace Days Sales Outstanding Historical Data

The historical data trend for GE 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.

* Premium members only.

GE Aerospace Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 115.62 121.92 141.94 121.51 94.50

GE Aerospace Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Sales Outstanding 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 Premium Member Only Premium Member Only Premium Member Only 104.81 107.76 90.88 87.39 79.52

Competitive Comparison

For the Aerospace & Defense subindustry, GE 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.


GE Aerospace Days Sales Outstanding Distribution

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

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



GE 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.

GE 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
=( (17755 + 17432) / 2 ) / 67954*365
=17593.5 / 67954*365
=94.50

GE Aerospace'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
=( (16421 + 17432) / 2 ) / 19423*365 / 4
=16926.5 / 19423*365 / 4
=79.52

* 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.


GE Aerospace  (LIM:GE) Days Sales Outstanding Explanation

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


GE Aerospace Days Sales Outstanding Related Terms

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GE Aerospace (LIM:GE) Business Description

Address
5 Necco Street, Boston, MA, USA, 02210
GE was formed through the combination of two companies in 1892, including one with historical ties to American inventor Thomas Edison. Today, GE is a global leader in air travel and in the energy transition. The company is known for its differentiated technology and its massive industrial installed base of equipment sprawled throughout the world. That installed base most notably includes aerospace engines, gas and steam turbines, and onshore and offshore wind turbines. GE earns most of its profits on the service revenue of that equipment, which is generally higher-margin. The company is led by Danaher alumnus Larry Culp, who is leading a multiyear turnaround of the conglomerate based on lean principles.

GE Aerospace (LIM:GE) Headlines