Air Busan Co (XKRX:298690) Days Sales Outstanding : 8.85 (As of Mar. 2024)

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What is Air Busan Co Days Sales Outstanding?

Air Busan Co's average Accounts Receivable for the three months ended in Mar. 2024 was ₩26,418 Mil. Air Busan Co's Revenue for the three months ended in Mar. 2024 was ₩272,242 Mil. Hence, Air Busan Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 8.85.

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

XKRX:298690' s Days Sales Outstanding Range Over the Past 10 Years
Min: 8.67 Med: 10.34 Max: 21.49
Current: 9.9

During the past 9 years, Air Busan Co's highest Days Sales Outstanding was 21.49. The lowest was 8.67. And the median was 10.34.

XKRX:298690's Days Sales Outstanding is ranked better than
91.49% of 964 companies
in the Transportation industry
Industry Median: 45.835 vs XKRX:298690: 9.90

Air Busan Co's Days Sales Outstanding increased from Mar. 2023 (8.30) to Mar. 2024 (8.85).

Air Busan Co Days Sales Outstanding Historical Data

The historical data trend for Air Busan Co'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.

Air Busan Co Days Sales Outstanding Chart

Air Busan Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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10.53

21.49

9.19

10.34

9.10

Air Busan Co Quarterly Data
	Jun19	Sep19	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															8.30	9.62	11.25	10.82	8.85

Competitive Comparison of Air Busan Co's Days Sales Outstanding

For the Airlines subindustry, Air Busan Co'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 Busan Co's Days Sales Outstanding Distribution in the Transportation Industry

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

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

Air Busan Co 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 Busan Co'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
=	( (19635.945	+	24779.062)	/	2 )	/	890440.349	*	365
=	22207.5035					/	890440.349	*	365
=	9.10

Air Busan Co'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
=	( (24779.062	+	28057.502)	/	2 )	/	272242.015	*	365 / 4
=	26418.282					/	272242.015	*	365 / 4
=	8.85

Air Busan Co (XKRX:298690) 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 Busan Co Days Sales Outstanding Related Terms

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Air Busan Co (XKRX:298690) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air Busan Co Ltd (XKRX:298690) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

57 Avenue Road 6, (2 Daejeo East), Busan Distribution Complex, Gangseo-gu District, Busan, KOR

Website

https://www.airbusan.com

Air Busan Co Ltd operates as a regional airline based in South Korea. It offers services such as In-Flight Service, Baggage compensation, In-Flight Duty-Free Service, Prepaid meals, Mobile Boarding passes, and others.

Air Busan Co (XKRX:298690) Headlines

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