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Amadeus IT Group (Amadeus IT Group) Accounts Receivable : $768 Mil (As of Dec. 2023)


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What is Amadeus IT Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Amadeus IT Group's accounts receivables for the quarter that ended in Dec. 2023 was $768 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Amadeus IT Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 47.43.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Amadeus IT Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-11.68.


Amadeus IT Group Accounts Receivable Historical Data

The historical data trend for Amadeus IT Group'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.

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Amadeus IT Group Accounts Receivable Chart

Amadeus IT Group 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 588.33 522.63 499.32 632.42 767.94

Amadeus IT Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 632.42 - 774.22 - 767.94

Amadeus IT Group Accounts Receivable Calculation

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


Amadeus IT Group 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.

Amadeus IT Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=767.939/1477.317*91
=47.43

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

Amadeus IT Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(1161.396+0.75 * 767.939+0.5 * 0-6884.297
-0--0.981)/440.593
=-11.68

* 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.


Amadeus IT Group Accounts Receivable Related Terms

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Amadeus IT Group (Amadeus IT Group) Business Description

Address
Salvador de Madariaga, 1, Madrid, ESP, 28027
Among the top three operators, Amadeus' 40%-plus market share in air global distribution system bookings is the largest in the industry. The GDS segment represented 56% of total prepandemic sales in 2019. The company has a growing IT solutions division (44% of 2019 revenue) that addresses the airline, airport, rail, hotel, and business intelligence markets. Transaction fees, which are tied to volume and not price, account for the bulk of sales and profits.

Amadeus IT Group (Amadeus IT Group) Headlines

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