Jet AI's average Accounts Receivable for the
three
months ended in Dec. 2023 was $0.15 Mil. Jet AI's Revenue for the
three
months ended in Dec. 2023 was $4.18 Mil.
Hence, Jet AI's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 3.31.
The historical rank and industry rank for Jet AI's Days Sales Outstanding or its related term are showing as below:
JTAI'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.9 Med: 2.9 Max: 5.87
Current: 5.87
During the past 3 years, Jet AI's highest Days Sales Outstanding was 5.87. The lowest was 2.90. And the median was 2.90.
JTAI's Days Sales Outstanding is ranked better than 97.54% of 2727
companies
in the Software industry
Industry Median: 61.89
vs JTAI: 5.87
Jet AI's Days Sales Outstanding
increased
from Dec. 2022 (0.00) to Dec. 2023 (3.31).
Jet AI Days Sales Outstanding Historical Data
The historical data trend for Jet AI'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.
Competitive Comparison of Jet AI's Days Sales Outstanding
For the Software - Application subindustry, Jet AI'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.
Jet AI's Days Sales Outstanding Distribution in the Software Industry
For the Software industry and Technology sector, Jet AI's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Jet AI's Days Sales Outstanding falls into.
Jet AI 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.
* 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.
Jet AI (NAS:JTAI) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Jet AI Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Jet AI's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Jet AI Inc is principally involved in the sale of jet cards, which enable holders to use certain aircraft owned, leased by, arranged and/or managed by Jet Token and others at agreed-upon rates, as well as the sale of fractional interests in aircraft; and the operation of a proprietary booking platform, which functions as a prospecting and quoting platform to arrange private jet travel with third party carriers as well as via Jet Token's leased and managed aircraft.
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