SARO (StandardAero) Receivables Turnover : 0.00 (As of Jun. 2024)

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What is StandardAero 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. StandardAero's Revenue for the three months ended in Jun. 2024 was $0 Mil. StandardAero's average Accounts Receivable for the three months ended in Jun. 2024 was $527 Mil.

StandardAero Receivables Turnover Historical Data

The historical data trend for StandardAero'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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StandardAero Receivables Turnover Chart

StandardAero Annual Data

Trend

Dec21

Dec22

Dec23

Receivables Turnover

7.83

8.71

StandardAero Quarterly Data
	Dec21	Dec22	Jun23	Dec23	Jun24
Receivables Turnover	-	-	-	-	-

Competitive Comparison of StandardAero's Receivables Turnover

For the Aerospace & Defense subindustry, StandardAero'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.

StandardAero's Receivables Turnover Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, StandardAero's Receivables Turnover distribution charts can be found below:

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

StandardAero Receivables Turnover Calculation

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

StandardAero's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	4563.284	/ (	(530.026	+	518.334)	/	2 )
=	4563.284	/	524.18
=	8.71

StandardAero's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

	Receivables Turnover (Q: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Jun. 2024 ))	/	count )
=	0	/ (	(518.334	+	535.289)	/	2 )
=	0	/	526.8115
=	N/A

StandardAero (NYSE:SARO) 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.

StandardAero Receivables Turnover Related Terms

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StandardAero Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » StandardAero Inc (NYSE:SARO) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

6710 North Scottsdale Road, Suite 250, Scottsdale, AZ, USA

Website

https://www.standardaero.com

StandardAero Inc is a provider of aftermarket services for fixed and rotary wing aircraft gas turbine engines and auxiliary power units (APUs) to the commercial, business, and military aircraft markets. It also provides aftermarket and upgrade services for business aviation and helicopter airframes and avionics. It operates in two segments Engine Services and Component Repair Services. The group generates the majority of its revenue from the Engine Services segment which provides engine and airframe maintenance, repair, overhaul, and related services to customers in the Commercial Aerospace, Military & Helicopter, and Business Aviation end markets.

StandardAero Headlines

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