Aeroflot Russian Airlines PJSC (MIC:AFLT) Receivables Turnover : 1.77 (As of Dec. 2023)

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What is Aeroflot Russian Airlines PJSC Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Aeroflot Russian Airlines PJSC's Revenue for the three months ended in Dec. 2023 was ₽171,090 Mil. Aeroflot Russian Airlines PJSC's average Accounts Receivable for the three months ended in Dec. 2023 was ₽96,392 Mil. Hence, Aeroflot Russian Airlines PJSC's Receivables Turnover for the three months ended in Dec. 2023 was 1.77.

Aeroflot Russian Airlines PJSC Receivables Turnover Historical Data

The historical data trend for Aeroflot Russian Airlines PJSC's Receivables Turnover 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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Aeroflot Russian Airlines PJSC Receivables Turnover Chart

Aeroflot Russian Airlines PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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18.07

11.47

23.46

9.09

8.22

Aeroflot Russian Airlines PJSC Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															-	1.49	1.79	1.89	1.77

Competitive Comparison of Aeroflot Russian Airlines PJSC's Receivables Turnover

For the Airlines subindustry, Aeroflot Russian Airlines PJSC's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Aeroflot Russian Airlines PJSC's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Aeroflot Russian Airlines PJSC's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Aeroflot Russian Airlines PJSC's Receivables Turnover falls into.

Aeroflot Russian Airlines PJSC Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Aeroflot Russian Airlines PJSC's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	612194	/ (	(66620	+	82262)	/	2 )
=	612194	/	74441
=	8.22

Aeroflot Russian Airlines PJSC's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	171090	/ (	(110522	+	82262)	/	2 )
=	171090	/	96392
=	1.77

Aeroflot Russian Airlines PJSC (MIC:AFLT) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

Aeroflot Russian Airlines PJSC Receivables Turnover Related Terms

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Aeroflot Russian Airlines PJSC (MIC:AFLT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Aeroflot Russian Airlines PJSC (MIC:AFLT) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

1, Arbat Street, Moscow, RUS, 119019

Website

https://www.aeroflot.ru

Aeroflot Russian Airlines PJSC is Russia's largest airline group, and accounts for approximately one third of Russia's air-travel market. It provides scheduled and chartered flights. Passengers may buy tickets through websites, online booking systems, sales offices, and authorized agents. Domestic routes throughout Russia comprise the majority of total passengers. Additionally, it provides international routes to many different regions. The company's lone operating segment is passenger traffic. Outside of Russia, Europe books the next-highest number of passengers at around one fifth the total amount. The Russian Federation owns roughly half of the company.

Aeroflot Russian Airlines PJSC (MIC:AFLT) Headlines

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