United Airlines Holdings (United Airlines Holdings) Accounts Receivable

: $2,259 Mil (As of Mar. 2024)

View and export this data going back to 1969. Start your Free Trial

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. United Airlines Holdings's accounts receivables for the quarter that ended in Mar. 2024 was $2,259 Mil.

Accounts receivable can be measured by Days Sales Outstanding. United Airlines Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 16.44.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. United Airlines Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-140.70.

United Airlines Holdings Accounts Receivable Historical Data

The historical data trend for United Airlines Holdings's Accounts Receivable 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.

United Airlines Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

1,364.00

1,295.00

1,663.00

1,801.00

1,898.00

United Airlines Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable																2,274.00	2,004.00	2,193.00	1,898.00	2,259.00

United Airlines Holdings Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

United Airlines Holdings Accounts Receivable 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 receivables are being managed.

United Airlines Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2259	/	12539	*	91
=	16.44

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), United Airlines Holdings's accounts receivable are only considered to be worth 75% of book value:

United Airlines Holdings's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(13992	+	0.75 * 2259	+	0.5 * 1675	-	62714
-	0	-	0)	/	328.300
=	-140.70

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

United Airlines Holdings Accounts Receivable Related Terms

Thank you for viewing the detailed overview of United Airlines Holdings's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

United Airlines Holdings (United Airlines Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » United Airlines Holdings Inc (NAS:UAL) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

UAL:Mexico 1UAL:Italy UAL1:Germany UAL1:Germany UAL1:Germany U1AL34:Brazil

Address

233 South Wacker Drive, Chicago, IL, USA, 60606

Website

https://www.united.com

United Airlines is a major U.S. network carrier with hubs in San Francisco, Chicago, Houston, Denver, Los Angeles, New York/Newark, and Washington, D.C. United operates a hub-and-spoke system that is more focused on international and long-haul travel than its large U.S. peers.

Executives

Kennedy James A C	director	T ROWE PRICE GROUP INC, 100 E PRATT ST, BALTIMORE MD 21202
Michael D. Leskinen	officer: EVP & Chief Financial Officer	233 S. WACKER DRIVE, WHQLD, CHICAGO IL 60606
Gerald Laderman	officer: EVP and CFO	233 S. WACKER DRIVE 11TH FL WHQLD, CHICAGO IL 60606
Gregory L Hart	officer: EVP & Chief Growth Officer	233 SOUTH WACKER DRIVE, 11TH FLOOR HDQLD, CHICAGO IL 60606
Edward M Philip	director	C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Carolyn Corvi	director	233 SOUTH WACKER DRIVE 11TH FL WHQLD, CHICAGO IL 60606
Barney Harford	director	C/O ORBITZ WORLDWIDE, INC., 500 W. MADISON STREET, SUITE 1000, CHICAGO IL 60661
Michele J Hooper	director	C/O PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Edward Shapiro	director	275 GROVE STREET, NEWTON MA 02466
Chris Kenny	officer: Vice President & Controller	233 S. WACKER DRIVE 11TH FL WHQLD, CHICAGO IL 60606
Andrew P Nocella	officer: EVP & Chief Commercial Officer	233 S. WACKER DR. 11TH FL WHQLD, CHICAGO IL 60606
Torbjorn J Enqvist	officer: EVP & Chief Operations Officer	233 S. WACKER DRIVE, 11TH FL WHQLD, CHICAGO IL 60606
Linda P Jojo	officer: EVP & Chief Customer Officer	233 S. WACKER DRIVE 11TH FL WHQLD, CHICAGO IL 60606
Kate Gebo	officer: EVP HR and Labor Relations	233 SOUTH WACKER DRIVE, 11TH FL - WHQLD, CHICAGO IL 60606
Brett J Hart	officer: President	233 S. WACKER DRIVE, 11TH FL - WHQLD, CHICAGO IL 60606