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Boeing Co (Boeing Co) Accounts Receivable : $2,959 Mil (As of Mar. 2024)


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What is Boeing Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Boeing Co's accounts receivables for the quarter that ended in Mar. 2024 was $2,959 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Boeing Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 16.30.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Boeing Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-163.05.


Boeing Co Accounts Receivable Historical Data

The historical data trend for Boeing Co's Accounts Receivable 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.

Boeing Co Accounts Receivable Chart

Boeing Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,337.00 2,385.00 3,026.00 2,628.00 2,713.00

Boeing Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable 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 2,862.00 2,945.00 3,032.00 2,713.00 2,959.00

Boeing Co Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Boeing Co Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of 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 receivables are being managed.

Boeing Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2959/16569*91
=16.30

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Boeing Co's accounts receivable are only considered to be worth 75% of book value:

Boeing Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(7529+0.75 * 2959+0.5 * 83471-151500
-0--7)/613.382
=-163.05

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Boeing Co Accounts Receivable Related Terms

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Boeing Co (Boeing Co) Business Description

Address
929 Long Bridge Drive, Arlington, VA, USA, 22202
Boeing is a major aerospace and defense firm. It operates in four segments: commercial airplanes; defense, space, and security; Global services; and Boeing capital. Boeing's commercial airplanes segment competes with Airbus in the production of aircraft ranging from 130 seats upward. Boeing's defense, space, and security segment competes with Lockheed, Northrop, and several other firms to create military aircraft and weaponry. Global services provides aftermarket support to airlines.
Executives
Theodore Iii Colbert officer: CIO & SVP, Info & Analytics C/O THE BOEING COMPANY, 100 RIVERSIDE PLAZA, CHICAGO IL 60606-1596
Steven M Mollenkopf director 5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Howard E Mckenzie officer: Chief Engineer & EVP, ET&T C/O THE BOEING COMPANY, 929 LONG BRIDGE DRIVE, ARLINGTON VA 22202
Sabrina Soussan director BUHLMATTSTRASSE 3, MEGGEN V8 6045
Stephen E Biegun officer: SVP, Global Public Policy C/O THE BOEING COMPANY, 929 LONG BRIDGE DRIVE, ARLINGTON VA 22202
Michael J Cleary officer: Controller C/O THE BOEING COMPANY, 929 LONG BRIDGE DRIVE, ARLINGTON VA 22202
Brendan J. Nelson officer: President, Boeing Intn'l C/O THE BOEING COMPANY, 929 LONG BRIDGE DRIVE, ARLINGTON VA 22202
David L Calhoun director
Brian R Besanceney officer: SVP, Chief Comm Officer C/O THE BOEING COMPANY, 100 N. RIVERSIDE, MC 5003-1001, CHICAGO IL 60606-1596
David L. Gitlin director UNITED TECHNOLOGIES CORPORATION, 10 FARM SPRINGS ROAD, FARMINGTON CT 06032
Stephanie F Pope officer: President & CEO, BGS C/O THE BOEING COMPANY, 100 RIVERSIDE PLAZA, MC 5003-1001, CHICAGO IL 60606-1596
Lawrence W Kellner director 1600 SMITH ST., HQSEO, HOUSTON TX 77002
Edward Lee Dandridge officer: SVP, Communications C/O THE BOEING COMPANY, 100 RIVERSIDE PLAZA, MC 5003-1001, CHICAGO IL 60606-1596
Ziad S Ojakli officer: EVP, Gov't Ops FORD MOTOR COMPANY, 1350 I ST. NW, WASHINGTON D.C. DC 20005
David Leon Joyce director GENERAL ELECTRIC COMPANY, 5 NECCO STREET, BOSTON MA 02210

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