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Alabama Aircraft Industries (Alabama Aircraft Industries) Change In Receivables : $2.28 Mil (TTM As of Dec. 2008)


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What is Alabama Aircraft Industries Change In Receivables?

Alabama Aircraft Industries's change in receivables for the quarter that ended in Dec. 2008 was $-0.54 Mil. It means Alabama Aircraft Industries's Accounts Receivable increased by $0.54 Mil from Sep. 2008 to Dec. 2008 .

Alabama Aircraft Industries's change in receivables for the fiscal year that ended in Dec. 2008 was $2.28 Mil. It means Alabama Aircraft Industries's Accounts Receivable declined by $2.28 Mil from Dec. 2007 to Dec. 2008 .

Alabama Aircraft Industries's Accounts Receivable for the quarter that ended in Dec. 2008 was $6.69 Mil.

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 Receivable are being managed. Alabama Aircraft Industries's Days Sales Outstanding for the three months ended in Dec. 2008 was 41.80.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Alabama Aircraft Industries's liquidation value for the three months ended in Dec. 2008 was $-35.92 Mil.


Alabama Aircraft Industries Change In Receivables Historical Data

The historical data trend for Alabama Aircraft Industries's Change In Receivables 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.

Alabama Aircraft Industries Change In Receivables Chart

Alabama Aircraft Industries Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.12 15.86 -7.22 7.66 2.28

Alabama Aircraft Industries Quarterly Data
Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
Change In Receivables 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 4.88 -1.25 3.78 0.28 -0.54

Alabama Aircraft Industries Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.28 Mil.

* 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.


Alabama Aircraft Industries  (OTCPK:AAIIQ) Change In Receivables 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 Receivable are being managed.

Alabama Aircraft Industries's Days Sales Outstanding for the quarter that ended in Dec. 2008 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6.691/14.607*91
=41.80

2. In Ben Graham's calculation of liquidation value, Alabama Aircraft Industries's accounts receivable are only considered to be worth 75% of book value:

Alabama Aircraft Industries's liquidation value for the quarter that ended in Dec. 2008 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=7.612-51.098+0.75 * 6.691+0.5 * 5.092
=-35.92

* 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.


Alabama Aircraft Industries Change In Receivables Related Terms

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Alabama Aircraft Industries (Alabama Aircraft Industries) Business Description

Traded in Other Exchanges
N/A
Address
1943 North 50th Street, Birmingham, AL, USA, 35212
Alabama Aircraft Industries Inc is an aerospace & defense company, which provides aircraft maintenance & modification services to the U.S. Government, including complete airframe inspection, maintenance, repair & custom airframe design & modification.
Executives
Hugh Steven Wilson director C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Michael E Tennenbaum director C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Robert Eugene Joyal director 352 WARDNER ROAD, WEST WINDSOR VT 05089
Tennenbaum Capital Partners Llc 10 percent owner 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Mark Holdsworth director 140 S. LAKE AVE., STE. 304, PASADENA CA 91101
Tennenbaum & Co Llc 10 percent owner 1999 AVENUE OF THE STARS, LOS ANGELES CA 90067-6100
Peter Thiel other: See Footnote (1) 9200 SUNSET BOULEVARD, SUITE 1110, WEST HOLLYWOOD CA 90069

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