Thai Airways International PCL (Thai Airways International PCL) Change In Receivables : $-87 Mil (TTM As of Mar. 2024)

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What is Thai Airways International PCL Change In Receivables?

Thai Airways International PCL's change in receivables for the quarter that ended in Mar. 2024 was $-29 Mil. It means Thai Airways International PCL's Accounts Receivable increased by $29 Mil from Dec. 2023 to Mar. 2024 .

Thai Airways International PCL's change in receivables for the fiscal year that ended in Dec. 2023 was $-100 Mil. It means Thai Airways International PCL's Accounts Receivable increased by $100 Mil from Dec. 2022 to Dec. 2023 .

Thai Airways International PCL's Accounts Receivable for the quarter that ended in Mar. 2024 was $320 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. Thai Airways International PCL's Days Sales Outstanding for the three months ended in Mar. 2024 was 21.38.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Thai Airways International PCL's liquidation value for the three months ended in Mar. 2024 was $-5,948 Mil.

Thai Airways International PCL Change In Receivables Historical Data

The historical data trend for Thai Airways International PCL'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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Thai Airways International PCL Change In Receivables Chart

Thai Airways International PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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73.47

340.16

-71.74

-229.04

-100.37

Thai Airways International PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-42.64	16.47	-14.78	-59.63	-29.15

Thai Airways International PCL 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 $-87 Mil.

Thai Airways International PCL (OTCPK:TAWNF) 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.

Thai Airways International PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	319.523	/	1363.457	*	91
=	21.38

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

Thai Airways International PCL'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)
=	2022.919	-	8284.408	+	0.75 * 319.523	+	0.5 * 148.669
=	-5,948

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Thai Airways International PCL (Thai Airways International PCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Thai Airways International PCL (OTCPK:TAWNF) » Definitions » Change In Receivables

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Address

89 Vibhavadi Rangsit Road, Chom Phon, Chatuchak District, Bangkok, THA, 10900

Website

https://www.thaiairways.com

Thai Airways International PCL is a state-owned enterprise (Thailand) operating domestic, regional, and intercontinental flights. The company has three main businesses: air transport (majority of total revenue), business units, and support services. The air transport business focuses on transportation of passengers, cargo, and mail. It utilizes scheduled and chartered flights to domestic and international destinations. The business units segment works to ensure all flights reach their destination on time and at the correct location. Additionally, it offers support with cargo terminal handling, group equipment services, and catering services. The majority of revenue originates outside of Thailand, with the biggest source coming from Europe.