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Air Astana JSC (LSE:AIRA) Change In Receivables : $-8.0 Mil (TTM As of Mar. 2024)


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What is Air Astana JSC Change In Receivables?

Air Astana JSC's change in receivables for the quarter that ended in Mar. 2024 was $-8.0 Mil. It means Air Astana JSC's Accounts Receivable increased by $8.0 Mil from Dec. 2023 to Mar. 2024 .

Air Astana JSC's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.8 Mil. It means Air Astana JSC's Accounts Receivable increased by $0.8 Mil from Dec. 2022 to Dec. 2023 .

Air Astana JSC's Accounts Receivable for the quarter that ended in Mar. 2024 was $31.0 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. Air Astana JSC's Days Sales Outstanding for the three months ended in Mar. 2024 was 10.78.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Air Astana JSC's liquidation value for the three months ended in Mar. 2024 was $-743.3 Mil.

Air Astana JSC Change In Receivables Historical Data

The historical data trend for Air Astana JSC'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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Air Astana JSC Change In Receivables Chart

Air Astana JSC Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Change In Receivables
23.40 -3.87 -3.78 -0.83

Air Astana JSC Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Change In Receivables Get a 7-Day Free Trial - -2.14 - - -7.97

Air Astana JSC 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8.0 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.

Air Astana JSC  (LSE:AIRA) 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.

Air Astana JSC's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=30.988/262.381*91
=10.78

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

Air Astana JSC's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=367.464-1170.895+0.75 * 30.988+0.5 * 73.874
=-743.3

* 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.

Air Astana JSC Change In Receivables Related Terms

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Air Astana JSC (LSE:AIRA) Business Description

Industry
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AIRA:Kazakhstan
Address
4A Zakarpatskaya Street, Turksib District, Almaty, KAZ, 010000
Website
https://www.airastana.com
Air Astana JSC is an airline company. It provides scheduled, point-to-point and transit, short-haul and long-haul air travel and cargo on domestic, intra-regional, and international routes across Central Asia, the Caucasus, Europe (including Turkey), the Middle East and Asia (including India and China) and has a fleet of 47 aircraft. The company group has two operating segments, Air Astana and FlyArystan. Air Astana's activities consist of mainly domestic and international passenger and cargo air transportation as a full-service brand. Fly Arystan activities consist of mainly domestic and international passenger and cargo air transportation as a low-cost brand. Maximum revenue is generated from the Air Astana segment.

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