GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Canada Jetlines Operations Ltd (NEOE:CJET) » Definitions » Days Sales Outstanding

Canada Jetlines Operations (NEOE:CJET) Days Sales Outstanding : 4.59 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Canada Jetlines Operations Days Sales Outstanding?

Canada Jetlines Operations's average Accounts Receivable for the three months ended in Mar. 2024 was C$0.58 Mil. Canada Jetlines Operations's Revenue for the three months ended in Mar. 2024 was C$11.50 Mil. Hence, Canada Jetlines Operations's Days Sales Outstanding for the three months ended in Mar. 2024 was 4.59.

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

NEOE:CJET' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.43   Med: 16.22   Max: 28.74
Current: 3.43

During the past 5 years, Canada Jetlines Operations's highest Days Sales Outstanding was 28.74. The lowest was 3.43. And the median was 16.22.

NEOE:CJET's Days Sales Outstanding is ranked better than
97.91% of 958 companies
in the Transportation industry
Industry Median: 46.05 vs NEOE:CJET: 3.43

Canada Jetlines Operations's Days Sales Outstanding increased from Mar. 2023 (3.50) to Mar. 2024 (4.59).

Canada Jetlines Operations Days Sales Outstanding Historical Data

The historical data trend for Canada Jetlines Operations'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.

Canada Jetlines Operations Days Sales Outstanding Chart

Canada Jetlines Operations Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
- - - 28.74 3.69

Canada Jetlines Operations Quarterly Data
Dec19 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 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 3.50 3.98 2.59 2.82 4.59

Competitive Comparison of Canada Jetlines Operations's Days Sales Outstanding

For the Airlines subindustry, Canada Jetlines Operations'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.

Canada Jetlines Operations's Days Sales Outstanding Distribution in the Transportation Industry

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

* The bar in red indicates where Canada Jetlines Operations's Days Sales Outstanding falls into.


Canada Jetlines Operations 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.

Canada Jetlines Operations'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
=( (0.262 + 0.49) / 2 ) / 37.181*365
=0.376 / 37.181*365
=3.69

Canada Jetlines Operations'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
=( (0.49 + 0.666) / 2 ) / 11.498*365 / 4
=0.578 / 11.498*365 / 4
=4.59

* 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.

Canada Jetlines Operations  (NEOE:CJET) Days Sales Outstanding Explanation

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

Canada Jetlines Operations Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Canada Jetlines Operations's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Canada Jetlines Operations (NEOE:CJET) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Canada Jetlines Operations Ltd (NEOE:CJET) » Definitions » Days Sales Outstanding
Comparable Companies
TSXV:ACE.H DAL DUB:RYA SHSE:601111 SHSE:600029 SGX:C6L LUV SHSE:600115 UAL NSE:INDIGO IST:THYAO TSE:9202 SHSE:600221 LSE:IAG XTER:LHA TSE:9201 SHSE:601021 AAL HKSE:00293 XKRX:003490
Traded in Other Exchanges
CAJTF:USA
Address
1055 West Georgia Street, Suite 2400, Vancouver, BC, CAN, V6E 3P3
Website
https://www.jetlines.com
Canada Jetlines Operations Ltd operates as a leisure carrier. The group utilizes a growing fleet of Airbus A320 aircraft that provides passengers with another choice to travel to preferred destinations within the U.S., Caribbean, and Mexico. It generates maximum revenue from charter services.