Butler National (Butler National) Change In Receivables : $-0.80 Mil (TTM As of Jan. 2024)

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What is Butler National Change In Receivables?

Butler National's change in receivables for the quarter that ended in Jan. 2024 was $-0.94 Mil. It means Butler National's Accounts Receivable increased by $0.94 Mil from Oct. 2023 to Jan. 2024 .

Butler National's change in receivables for the fiscal year that ended in Apr. 2023 was $-0.58 Mil. It means Butler National's Accounts Receivable increased by $0.58 Mil from Apr. 2022 to Apr. 2023 .

Butler National's Accounts Receivable for the quarter that ended in Jan. 2024 was $6.14 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. Butler National's Days Sales Outstanding for the three months ended in Jan. 2024 was 29.55.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Butler National's liquidation value for the three months ended in Jan. 2024 was $-35.61 Mil.

Butler National Change In Receivables Historical Data

The historical data trend for Butler National'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.

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Butler National Change In Receivables Chart

Butler National Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Change In Receivables

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0.03

0.79

0.60

-2.72

-0.58

Butler National Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Receivables	Get a 7-Day Free Trial															-2.27	1.79	-0.74	-0.90	-0.94

Butler National 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.80 Mil.

Butler National (OTCPK:BUKS) 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.

Butler National's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	6.14	/	18.96	*	91
=	29.55

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

Butler National's liquidation value for the quarter that ended in Jan. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	17.885	-	63.367	+	0.75 * 6.14	+	0.5 * 10.537
=	-35.61

Butler National Change In Receivables Related Terms

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Butler National (Butler National) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Butler National Corp (OTCPK:BUKS) » Definitions » Change In Receivables

Comparable Companies

OPXS CNRD CODA SVT CVU AZ SIF HOVR ASTC ASTR GE RTX XPAR:AIR LMT BA XPAR:SAF GD TDG NOC LSE:BA.

Traded in Other Exchanges

N/A

Address

19920 West 161st Street, Olathe, KS, USA, 66062

Website

https://www.butlernational.com

Butler National Corp is engaged in designing, manufacturing and selling, installing, repairing, modifying, overhauling, servicing and distributing a broad portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems. The company's operating segment includes Professional Services and Aerospace Products. It generates maximum revenue from the Aerospace Products segment. The Professional Services segment provides professional management services in the gaming industry, and professional architectural, and engineering services. It has a business presence in North America, Europe, Asia, Australia and other geographical regions.

Executives

Joseph Patrick Daly	10 percent owner	497 CIRCLE FREEWAY, CINCINNATI OH 45246
Joe Aric Peters	director	15125 MELROSE DRIVE, OVERLAND PARK KS 66221
Zeff Holding Company, Llc	10 percent owner	400 S. MCCADDEN PL., LOS ANGELES CA 90020
Veradace Partners Lp	10 percent owner	2626 COLE AVENUE, SUITE 300, DALLAS TX 75204
Zeff Capital, Lp	10 percent owner	400 S. MCCADDEN PL., LOS ANGELES CA 90020
Daniel Zeff	10 percent owner	400 S. MCCADDEN PL., LOS ANGELES CA 90020
John M. Edgar	director	2600 GRAND BOULEVARD, SUITE 440, KANSAS CITY MO 64108
David B Hayden	director	15733 SHANNAN LANE, OLATHE KS 66062
Tad Mitchell Mcmahon	officer: Chief Financial Officer	19920 W 161ST STREET, OLATHE KS 66062
Craig D Stewart	officer: Vice President and CFO	15213 KING STREET, OVERLAND PARK KS 66221
Angela D Seba-shinabargar	officer: CFO	11575 S. WATER, OLATHE KS 66061
Bradley Kyle Hoffman	director	8741 ENSLEY LANE, LEAWOOD KS 66206
Michael Joseph Tamburelli	director	11028 N. LAUREL AVE, KANSAS CITY MO 64157
Christopher J Reedy	officer: Vice President	7411 RICHARDS DRIVE, SHAWNEE KS 66216
Clark D Stewart	director, officer: President - CEO	15733 SHANNAN LANE, OLATHE KS 66062