Air Canada (TSX:AC) Days Sales Outstanding: 21.09 (As of Jun. 2026) — 17% Above Median

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Director of Data and Quant Analytics at GuruFocus
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TSX:AC Air Canada TSX:AC
84 GF Score
Price C$28.26
GF Value C$25.50
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Air Canada Days Sales Outstanding?

Air Canada TSX:AC +1.51% 84 Days Sales Outstanding is 21.09 as of Jun. 2026, which is 17% above its 10-year median of 18.08. GuruFocus rates TSX:AC with a GF Score™ of 84/100 and a GF Value™ of C$25.50 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,006 Transportation companies, Air Canada ranks better than 80.82% on this metric.

Air Canada's average Accounts Receivable for the three months ended in Jun. 2026 was C$1,449 Mil. Air Canada's Revenue for the three months ended in Jun. 2026 was C$6,266 Mil. Hence, Air Canada's Days Sales Outstanding for the three months ended in Jun. 2026 was 21.09.

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

TSX:AC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.29   Med: 18.08   Max: 49.12
Current: 20.31

During the past 13 years, Air Canada's highest Days Sales Outstanding was 49.12. The lowest was 16.29. And the median was 18.08.

TSX:AC's Days Sales Outstanding is ranked better than
80.82% of 1006 companies
in the Transportation industry
Industry Median: 47.205 vs TSX:AC: 20.31

Air Canada's Days Sales Outstanding increased from Jun. 2025 (18.49) to Jun. 2026 (21.09).


Air Canada  (TSX:AC) Days Sales Outstanding Explanation

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


Air Canada Days Sales Outstanding Related Terms


Air Canada Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Air Canada'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.

Air Canada Days Sales Outstanding Chart

Air Canada Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.07 19.05 18.04 18.12 19.42

Air Canada Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 Premium Member Only Premium Member Only Premium Member Only 18.49 18.78 19.75 21.87 21.09

TSX:AC vs DAL, UAL, LUV: Days Sales Outstanding Comparison

For the Airlines subindustry, Air Canada'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.


Air Canada Days Sales Outstanding vs Transportation Industry

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

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


TSX:AC
84GF Score
Air Canada TSX:AC
Days Sales Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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Air Canada 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.

Air Canada's Days Sales Outstanding for the fiscal year that ended in Dec. 2025 is calculated as

Days Sales Outstanding (A: Dec. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count ) / Revenue (A: Dec. 2025 )*Days in Period
=( (1089 + 1292) / 2 ) / 22372*365
=1190.5 / 22372*365
=19.42

Air Canada's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding (Q: Jun. 2026 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2026 ) + Accounts Receivable (A: Jun. 2026 )) / count ) / Revenue (A: Jun. 2026 )*Days in Period
=( (1481 + 1416) / 2 ) / 6266*365 / 4
=1448.5 / 6266*365 / 4
=21.09

* 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.

Frequently Asked Questions Learn more about Days Sales Outstanding →
What does a Days Sales Outstanding of 21.09 mean?
Air Canada (TSX:AC) has a Days Sales Outstanding of 21.09 as of Jun. 2026. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Air Canada and its competitors. This is 17% above median its historical median of 18.08. Over the past decade, Air Canada's Days Sales Outstanding has ranged from 16.29 to 49.12. According to the industry distribution chart, Air Canada ranks #193 out of 1006 companies in the Transportation industry, placing it in the top 19.2%.
Is Air Canada's Days Sales Outstanding too high?
Air Canada's current Days Sales Outstanding of 21.09 is 17% above median its 10-year median of 18.08. Over the past 10 years, this metric has ranged from a low of 16.29 to a high of 49.12. The Transportation industry median Days Sales Outstanding is 47.21. Air Canada's value of 21.09 is 55.3% below this industry median. Based on the distribution chart, Air Canada ranks #193 out of 1006 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Air Canada has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Air Canada's Days Sales Outstanding compare to DAL and UAL?
According to the Transportation industry distribution chart, Air Canada ranks #193 out of 1006 companies for Days Sales Outstanding. This places Air Canada in the top 19% of its industry — outperforming the majority of peers. The industry median Days Sales Outstanding is 47.21. Air Canada's value of 21.09 is 55.3% below this benchmark. Historically, Air Canada's own Days Sales Outstanding has ranged from 16.29 to 49.12 over the past decade. While the company's 10-year median is 18.08 vs. the industry median of 47.21, Air Canada has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Sales Outstanding for a Transportation company?
The median Days Sales Outstanding among Transportation companies is 47.21, based on 1,006 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Air Canada's current Days Sales Outstanding of 21.09 is 55.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Air Canada and its competitors. For the Transportation industry, the median Days Sales Outstanding is 47.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Canada's current Days Sales Outstanding is 21.09, which is 17% above median its own 10-year median of 18.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Canada stock overvalued right now?
Based on GuruFocus' analysis, Air Canada (TSX:AC) is currently considered Modestly Overvalued. The stock's GF Value™ is C$25.50, compared to a current price of C$28.26 — trading 10.8% above its estimated fair value. The current Days Sales Outstanding is 21.09, which is 17% above median its 10-year median of 18.08 and 55.3% below the Transportation industry median of 47.21. Air Canada's overall GF Score™ is 84/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Air Canada (TSX:AC), the current Days Sales Outstanding is 21.09 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Air Canada (TSX:AC) Overvalued in 2026?

Based on GuruFocus' analysis, Air Canada stock appears to be overvalued. The current stock price of C$28.26 is trading 10.8% above its estimated GF Value™ of C$25.50. GuruFocus considers Air Canada to be Modestly Overvalued.

Key valuation signals for TSX:AC:

  • Days Sales Outstanding: 21.09 (17% above median its 10-year median of 18.08)
  • GF Value™: C$25.50 vs. price of C$28.26 (10.8% above fair value)
  • GF Score™: 84/100 with 6 warning signs
  • Industry Position: 55.3% below the Transportation median (#193 of 1006)

No single metric tells the full story. See the TSX:AC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Air Canada Business Description

Address 7373 Cote Vertu Boulevard West, Air Canada Centre, Saint-Laurent, Montreal, QC, CAN, H4S 1Z3
Air Canada is Canada's largest airline, serving nearly 50 million passengers each year, together with its low-cost subbrand, Rouge, and contracts for regional connection flights into its network. Air Canada is a sixth-freedom airline, which flies many passengers on long-haul trips to and from the US with a layover in Canada.
84GF Score

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Days Sales Outstanding is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$28.26
Price
C$25.50
GF Value