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Spirit Aviation HoldingsFLYYQ -50.00% Receivables Turnover is 6.62 as of Dec. 2025. The stock has 5 warning signs investors should review. Among 998 Transportation companies, Spirit Aviation Holdings ranks better than 78.76% on this metric.
The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Spirit Aviation Holdings's Revenue for the
three
months ended in Dec. 2025 was $806 Mil. Spirit Aviation Holdings's average Accounts Receivable for the
three
months ended in Dec. 2025 was $122 Mil.
Hence, Spirit Aviation Holdings's Receivables Turnover for the
three
months ended in Dec. 2025 was 6.62.
An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.
Spirit Aviation Holdings Receivables Turnover Related Terms
Spirit Aviation Holdings Receivables Turnover Historical Data
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The historical data trend for Spirit Aviation Holdings's Receivables Turnover 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.
FLYYQ vs APSI, YGMZF, TLSS: Receivables Turnover Comparison
For the Airlines subindustry, Spirit Aviation Holdings's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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.
Spirit Aviation Holdings Receivables Turnover vs Transportation Industry
For the Transportation industry and Industrials sector, Spirit Aviation Holdings's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Spirit Aviation Holdings's Receivables Turnover falls into.
* 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.
Spirit Aviation Holdings (FLYYQ) has a Receivables Turnover of 6.62 as of Dec. 2025. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Spirit Aviation Holdings and its competitors. According to the industry distribution chart, Spirit Aviation Holdings ranks #212 out of 998 companies in the Transportation industry, placing it in the top 21.2%.
Is Spirit Aviation Holdings' Receivables Turnover too high?
Spirit Aviation Holdings' current Receivables Turnover is 6.62. The Transportation industry median Receivables Turnover is 7.74. Spirit Aviation Holdings' value of 6.62 is 14.4% below this industry median. Based on the distribution chart, Spirit Aviation Holdings ranks #212 out of 998 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers.
How does Spirit Aviation Holdings' Receivables Turnover compare to APSI and YGMZF?
According to the Transportation industry distribution chart, Spirit Aviation Holdings ranks #212 out of 998 companies for Receivables Turnover. This places Spirit Aviation Holdings in the top 21% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.74. Spirit Aviation Holdings' value of 6.62 is 14.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Transportation company?
The median Receivables Turnover among Transportation companies is 7.74, based on 998 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Spirit Aviation Holdings's current Receivables Turnover of 6.62 is 14.4% 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 Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Spirit Aviation Holdings and its competitors. For the Transportation industry, the median Receivables Turnover is 7.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spirit Aviation Holdings's current Receivables Turnover is 6.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spirit Aviation Holdings stock overvalued right now?
Spirit Aviation Holdings (FLYYQ) has a current Receivables Turnover of 6.62. The current Receivables Turnover is 6.62 and 14.4% below the Transportation industry median of 7.74. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Spirit Aviation Holdings (FLYYQ), the current Receivables Turnover is 6.62 as of Dec. 2025. 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.
Spirit Aviation Holdings Inc is a low-fare carrier committed to offering an enhanced travel experience with flexible, affordable options. It flies only Airbus A320 family aircraft, which provides with operational and cost advantages compared to airlines that operate multiple aircraft types. The company operates in a single reportable segment that provides air transportation to passengers.
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