SkyWest (FRA:SY2) Receivables Turnover : 7.19 (As of Mar. 2025)

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What is SkyWest Receivables Turnover?

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. SkyWest's Revenue for the three months ended in Mar. 2025 was €877 Mil. SkyWest's average Accounts Receivable for the three months ended in Mar. 2025 was €122 Mil. Hence, SkyWest's Receivables Turnover for the three months ended in Mar. 2025 was 7.19.

SkyWest Receivables Turnover Historical Data

The historical data trend for SkyWest'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.

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SkyWest Receivables Turnover Chart

SkyWest Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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33.95

55.74

37.15

31.51

34.87

SkyWest Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Receivables Turnover	Get a 7-Day Free Trial															9.54	9.23	8.41	8.30	7.19

Competitive Comparison of SkyWest's Receivables Turnover

For the Airlines subindustry, SkyWest'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.

SkyWest's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, SkyWest's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where SkyWest's Receivables Turnover falls into.

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SkyWest Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

SkyWest's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	3369.164	/ (	(75.977	+	117.253)	/	2 )
=	3369.164	/	96.615
=	34.87

SkyWest's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

	Receivables Turnover (Q: Mar. 2025 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2025 )	/ (	(Accounts Receivable (Q: Dec. 2024 )	+	Accounts Receivable (Q: Mar. 2025 ))	/	count )
=	877.321	/ (	(117.253	+	126.874)	/	2 )
=	877.321	/	122.0635
=	7.19

SkyWest (FRA:SY2) Receivables Turnover Explanation

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.

SkyWest Receivables Turnover Related Terms

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SkyWest Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SkyWest Inc (FRA:SY2) » Definitions » Receivables Turnover

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SKYW:USA SY2:Germany

Address

444 South River Road, St. George, UT, USA, 84790

Website

https://inc.skywest.com

SkyWest Inc offers commercial air services in the United States, Canada, Mexico, and the Caribbean. Additionally, it leases aircraft to capable users to help generate revenue. Generally, SkyWest provides regional flights, and utilizes its smaller, lower-cost aircraft to carry passengers that booked tickets through airlines. It partners with carriers across the world to fly and operate aircraft for a fee. SkyWest may use the carriers's brand and ground support to coordinate marketing and easily transport passengers. The company has two reportable segments: SkyWest Airlines, which generates maximum revenue, and SkyWest Leasing.

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