Westjet Airlines (Westjet Airlines) Days Sales Outstanding : 11.03 (As of Sep. 2019)

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What is Westjet Airlines Days Sales Outstanding?

Westjet Airlines's average Accounts Receivable for the three months ended in Sep. 2019 was $127 Mil. Westjet Airlines's Revenue for the three months ended in Sep. 2019 was $1,052 Mil. Hence, Westjet Airlines's Days Sales Outstanding for the three months ended in Sep. 2019 was 11.03.

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

WJAVF's Days Sales Outstanding is not ranked ^*
in the Transportation industry.
Industry Median: 45.68
* Ranked among companies with meaningful Days Sales Outstanding only.

Westjet Airlines's Days Sales Outstanding declined from Sep. 2018 (12.80) to Sep. 2019 (11.03).

Westjet Airlines Days Sales Outstanding Historical Data

The historical data trend for Westjet 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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Westjet Airlines Days Sales Outstanding Chart

Westjet Airlines Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Days Sales Outstanding

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4.14

5.76

8.53

10.43

10.82

Westjet Airlines Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Days Sales Outstanding	Get a 7-Day Free Trial															12.80	12.45	9.51	11.11	11.03

Competitive Comparison of Westjet Airlines's Days Sales Outstanding

For the Airlines subindustry, Westjet 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.

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

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

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

Westjet 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.

Westjet Airlines's Days Sales Outstanding for the fiscal year that ended in Dec. 2018 is calculated as

	Days Sales Outstanding (A: Dec. 2018 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2017 )	+	Accounts Receivable (A: Dec. 2018 ))	/	count )	/	Revenue (A: Dec. 2018 )	*	Days in Period
=	( (112.273	+	96.556)	/	2 )	/	3522.97	*	365
=	104.4145					/	3522.97	*	365
=	10.82

Westjet Airlines's Days Sales Outstanding for the quarter that ended in Sep. 2019 is calculated as:

	Days Sales Outstanding (Q: Sep. 2019 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2019 )	+	Accounts Receivable (A: Sep. 2019 ))	/	count )	/	Revenue (A: Sep. 2019 )	*	Days in Period
=	( (122.636	+	131.571)	/	2 )	/	1051.989	*	365 / 4
=	127.1035					/	1051.989	*	365 / 4
=	11.03

Westjet Airlines (OTCPK:WJAVF) Days Sales Outstanding Explanation

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

Westjet Airlines Days Sales Outstanding Related Terms

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Westjet Airlines (Westjet Airlines) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Westjet Airlines Ltd (OTCPK:WJAVF) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

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Address

22 Aerial Place N.E., Calgary, AB, CAN, T2E 3J1

Website

http://www.westjet.com

WestJet is a Canadian airline based in Calgary, Alberta. WestJet operates WestJet Vacations, which provides air, hotel, car, and excursion packages and in 2013 launched WestJet Encore, a regional airline that operates Q400 turboprops, servicing smaller destinations. It also plans to launch an ultra-low-cost carrier (branded Swoop) in 2018. WestJet services over 100 destinations in North America, Central America, the Caribbean, and Europe. The carrier generated roughly CAD 4.5 billion in revenue in 2017.