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Frontier Group Holdings (Frontier Group Holdings) Days Sales Outstanding : 10.07 (As of Mar. 2024)


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What is Frontier Group Holdings Days Sales Outstanding?

Frontier Group Holdings's average Accounts Receivable for the three months ended in Mar. 2024 was $96 Mil. Frontier Group Holdings's Revenue for the three months ended in Mar. 2024 was $865 Mil. Hence, Frontier Group Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 10.07.

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

ULCC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.91   Med: 9.82   Max: 16.21
Current: 9.86

During the past 9 years, Frontier Group Holdings's highest Days Sales Outstanding was 16.21. The lowest was 6.91. And the median was 9.82.

ULCC's Days Sales Outstanding is ranked better than
91.7% of 964 companies
in the Transportation industry
Industry Median: 45.625 vs ULCC: 9.86

Frontier Group Holdings's Days Sales Outstanding increased from Mar. 2023 (10.01) to Mar. 2024 (10.07).


Frontier Group Holdings Days Sales Outstanding Historical Data

The historical data trend for Frontier Group Holdings'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.

* Premium members only.

Frontier Group Holdings Days Sales Outstanding Chart

Frontier Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only 12.08 16.21 6.91 7.68 9.31

Frontier Group Holdings Quarterly Data
Mar17 Dec18 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 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 10.01 8.82 10.33 10.34 10.07

Competitive Comparison of Frontier Group Holdings's Days Sales Outstanding

For the Airlines subindustry, Frontier Group Holdings'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.


Frontier Group Holdings's Days Sales Outstanding Distribution in the Transportation Industry

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

* The bar in red indicates where Frontier Group Holdings's Days Sales Outstanding falls into.



Frontier Group Holdings 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.

Frontier Group Holdings'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
=( (90 + 93) / 2 ) / 3589*365
=91.5 / 3589*365
=9.31

Frontier Group Holdings'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
=( (93 + 98) / 2 ) / 865*365 / 4
=95.5 / 865*365 / 4
=10.07

* 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.


Frontier Group Holdings  (NAS:ULCC) Days Sales Outstanding Explanation

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


Frontier Group Holdings Days Sales Outstanding Related Terms

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Frontier Group Holdings (Frontier Group Holdings) Business Description

Traded in Other Exchanges
N/A
Address
4545 Airport Way, Denver, CO, USA, 80239
Frontier Group Holdings Inc is an ultra low-cost carrier whose business is focused on Low Fares Done Right. The company owns fleet of 120 Airbus single-aisle aircraft, consisting of 13 A320ceos, 82 A320neos, 21 A321ceos and 4 A321neos. The use of these aircraft, its seating configuration, weight-saving tactics and baggage process have all contributed to ability to continue to be the fuel-efficient of all the U.S. The Company is managed as a single business unit that provides air transportation for passengers.
Executives
James G. Dempsey officer: EVP & Chief Financial Officer C/O FRONTIER GROUP HOLDINGS, INC., 4545 AIRPORT WAY, DENVER CO 80238
Howard Diamond officer: SVP, GC & Secretary C/O FRONTIER AIRLINES, 7001 TOWER ROAD, DENVER CO 80249
Rajat Khanna officer: See Remarks C/O FRONTIER GROUP HOLDINGS, INC., 4545 AIRPORT WAY, DENVER CO 80239
Barry Biffle director, officer: See Remarks C/O SPIRIT AIRLINES, 2800 EXECUTIVE WAY, MIRAMAR FL 30325
Jacob F. Filene officer: See Remarks C/O FRONTIER GROUP HOLDINGS, INC., 4545 AIRPORT WAY, DENVER CO 80238
Daniel M. Shurz officer: See Remarks C/O FRONTIER GROUP HOLDINGS, INC., 4545 AIRPORT WAY, DENVER CO 80238
Josh A Wetzel officer: VP & CAO C/O FRONTIER GROUP HOLDINGS, INC., 4545 AIRPORT WAY, DENVER CO 80239
Ofelia Kumpf director C/O FRONTIER GROUP HOLDINGS, INC., 4545 AIRPORT WAY, DENVER CO 80238
Mark Christopher Mitchell officer: Chief Accounting Officer C/O FRONTIER GROUP HOLDINGS, INC., 4545 AIRPORT WAY, DENVER CO 80238
Robert J. Genise director C/O FRONTIER GROUP HOLDINGS, INC., 4545 AIRPORT WAY, DENVER CO 80238
Indigo Frontier Holdings Company, Llc 10 percent owner C/O INDIGO PARTNERS, 2525 EAST CAMELBACK ROAD, SUITE 900, PHOENIX AZ 85016
Josh T. Connor director C/O FRONTIER GROUP HOLDINGS, INC., 4545 AIRPORT WAY, DENVER CO 80238
Patricia Salas Pineda director C/O LEVI STRAUSS & CO., 1155 BATTERY STREET, SAN FRANCISCO CA 94111
William A Franke director, 10 percent owner
Trevor J. Stedke officer: See Remarks C/O FRONTIER GROUP HOLDINGS, INC., 4545 AIRPORT WAY, DENVER CO 80238

Frontier Group Holdings (Frontier Group Holdings) Headlines