China Airlines (TPE:2610) Days Sales Outstanding : 18.88 (As of Mar. 2024)

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What is China Airlines Days Sales Outstanding?

China Airlines's average Accounts Receivable for the three months ended in Mar. 2024 was NT$10,064 Mil. China Airlines's Revenue for the three months ended in Mar. 2024 was NT$48,645 Mil. Hence, China Airlines's Days Sales Outstanding for the three months ended in Mar. 2024 was 18.88.

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

TPE:2610' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.32 Med: 20.9 Max: 30.46
Current: 19.32

During the past 13 years, China Airlines's highest Days Sales Outstanding was 30.46. The lowest was 19.32. And the median was 20.90.

TPE:2610's Days Sales Outstanding is ranked better than
82.15% of 958 companies
in the Transportation industry
Industry Median: 46.05 vs TPE:2610: 19.32

China Airlines's Days Sales Outstanding declined from Mar. 2023 (23.56) to Mar. 2024 (18.88).

China Airlines Days Sales Outstanding Historical Data

The historical data trend for China Airlines'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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China Airlines Days Sales Outstanding Chart

China Airlines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

20.13

28.87

30.46

29.80

20.88

China Airlines Quarterly Data
	Jun19	Sep19	Dec19	Mar20	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															23.56	19.68	18.62	19.34	18.88

Competitive Comparison of China Airlines's Days Sales Outstanding

For the Airlines subindustry, China Airlines'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.

China Airlines's Days Sales Outstanding Distribution in the Transportation Industry

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

* The bar in red indicates where China Airlines's Days Sales Outstanding falls into.

China Airlines 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.

China Airlines'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
=	( (11131.491	+	10016.908)	/	2 )	/	184816.79	*	365
=	10574.1995					/	184816.79	*	365
=	20.88

China Airlines'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
=	( (10016.908	+	10110.503)	/	2 )	/	48644.558	*	365 / 4
=	10063.7055					/	48644.558	*	365 / 4
=	18.88

China Airlines (TPE:2610) Days Sales Outstanding Explanation

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

China Airlines Days Sales Outstanding Related Terms

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China Airlines (TPE:2610) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » China Airlines Ltd (TPE:2610) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Hangzhan South Road, Dayuan District, Taoyuan, TWN

Website

https://www.china-airlines.com

China Airlines Ltd provides air transportation services. The company is composed of its flight and non-flight segments. The flight segment is the core business of the firm and offers transport services primarily for passengers and cargo. A vast proportion of the company's revenue is generated from transporting passengers in its flight operating unit. The non-flight segment provides various services such as mail and ground solutions, data processing services to other airlines, aircraft maintenance, and aircraft leasing. It engages in air transportation services for passengers, cargo and others. The company's geographical segments include America, Northeast Asia, Southeast Asia, Europe, Australia, China, and Domestic.

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