SOAR (Volato Group) Days Sales Outstanding : 3.85 (As of Dec. 2024)

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What is Volato Group Days Sales Outstanding?

Volato Group's average Accounts Receivable for the three months ended in Dec. 2024 was $0.06 Mil. Volato Group's Revenue for the three months ended in Dec. 2024 was $1.42 Mil. Hence, Volato Group's Days Sales Outstanding for the three months ended in Dec. 2024 was 3.85.

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

SOAR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.75 Med: 8.13 Max: 146.21
Current: 5.27

During the past 4 years, Volato Group's highest Days Sales Outstanding was 146.21. The lowest was 1.75. And the median was 8.13.

SOAR's Days Sales Outstanding is ranked better than
96.33% of 981 companies
in the Transportation industry
Industry Median: 44.75 vs SOAR: 5.27

Volato Group's Days Sales Outstanding increased from Dec. 2023 (2.05) to Dec. 2024 (3.85).

Volato Group Days Sales Outstanding Historical Data

The historical data trend for Volato Group'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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Volato Group Days Sales Outstanding Chart

Volato Group Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Days Sales Outstanding

146.21

4.35

11.91

1.75

Volato Group Quarterly Data
	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Sales Outstanding	Get a 7-Day Free Trial						2.05	9.97	13.56	2.46	3.85

Competitive Comparison of Volato Group's Days Sales Outstanding

For the Airports & Air Services subindustry, Volato Group'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.

Volato Group's Days Sales Outstanding Distribution in the Transportation Industry

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

* The bar in red indicates where Volato Group's Days Sales Outstanding falls into.

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Volato Group 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.

Volato Group's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

	Days Sales Outstanding (A: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (0.442	+	0.002)	/	2 )	/	46.288	*	365
=	0.222					/	46.288	*	365
=	1.75

Volato Group's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding (Q: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2024 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (0.118	+	0.002)	/	2 )	/	1.422	*	365 / 4
=	0.06					/	1.422	*	365 / 4
=	3.85

Volato Group (AMEX:SOAR) Days Sales Outstanding Explanation

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

Volato Group Days Sales Outstanding Related Terms

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Volato Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Volato Group Inc (AMEX:SOAR) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1954 Airport Road, Suite 124, Chamblee, GA, USA, 30341

Website

https://www.flyvolato.com

Volato Group Inc operates an aircraft ownership program, provides ad-hoc charter flights, sells deposit products, and manages aircraft for owners in the private aviation industry. It offers fractional ownership, aircraft management, jet cards, deposit, and charter programs. The company's fractional programs provides flexible hours and a revenue share for owners in a fleet of HondaJets, optimized for missions of up to four passengers.

Volato Group Headlines

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