SPAI (Safe Pro Group) Days Sales Outstanding : 17.73 (As of Dec. 2024)

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What is Safe Pro Group Days Sales Outstanding?

Safe Pro Group's average Accounts Receivable for the three months ended in Dec. 2024 was $0.17 Mil. Safe Pro Group's Revenue for the three months ended in Dec. 2024 was $0.89 Mil. Hence, Safe Pro Group's Days Sales Outstanding for the three months ended in Dec. 2024 was 17.73.

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

SPAI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 20.92 Med: 32.35 Max: 52.68
Current: 20.92

During the past 3 years, Safe Pro Group's highest Days Sales Outstanding was 52.68. The lowest was 20.92. And the median was 32.35.

SPAI's Days Sales Outstanding is ranked better than
91.29% of 310 companies
in the Aerospace & Defense industry
Industry Median: 66.26 vs SPAI: 20.92

Safe Pro Group's Days Sales Outstanding declined from Dec. 2023 (53.50) to Dec. 2024 (17.73).

Safe Pro Group Days Sales Outstanding Historical Data

The historical data trend for Safe Pro 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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Safe Pro Group Days Sales Outstanding Chart

Safe Pro Group Annual Data

Trend

Dec22

Dec23

Dec24

Days Sales Outstanding

32.35

52.68

24.15

Safe Pro Group Quarterly Data
	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Sales Outstanding	Get a 7-Day Free Trial				53.50	34.96	8.09	36.11	17.73

Competitive Comparison of Safe Pro Group's Days Sales Outstanding

For the Aerospace & Defense subindustry, Safe Pro 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.

Safe Pro Group's Days Sales Outstanding Distribution in the Aerospace & Defense Industry

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

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

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Safe Pro 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.

Safe Pro 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
=	( (0.163	+	0.124)	/	2 )	/	2.169	*	365
=	0.1435					/	2.169	*	365
=	24.15

Safe Pro 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
=	( (0.221	+	0.124)	/	2 )	/	0.888	*	365 / 4
=	0.1725					/	0.888	*	365 / 4
=	17.73

Safe Pro Group (NAS:SPAI) Days Sales Outstanding Explanation

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

Safe Pro Group Days Sales Outstanding Related Terms

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Safe Pro Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Safe Pro Group Inc (NAS:SPAI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

18305 Biscayne boulevard, Suite 222, Aventura, FL, USA, 33160

Website

https://www.safeprogroup.com

Safe Pro Group Inc operates to acquire security and protection products. Its emphasis is on the development of a cloud-based ecosystem for analyzing drone imagery and data utilizing proprietary artificial intelligence (AI), machine learning, deep learning, and applied computer vision software for hyper scalable processing, analysis, and reporting. The company operated in three reportable business segments which consisted of: the business of Safe-Pro USA, the business of Airborne Response, and the business of Safe Pro AI. Key revenue is generated from Safe-Pro USA.