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GuruFocus has detected 4 Warning Signs with B/E Aerospace Inc \$BEAV.
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B/E Aerospace Inc (NAS:BEAV)
Change In Receivables
\$70 Mil (As of Dec. 2016)

B/E Aerospace Inc's change in receivables for the quarter that ended in Dec. 2016 was \$70 Mil. It means B/E Aerospace Inc's accounts receivables increased by \$70 Mil from Sep. 2016 to Dec. 2016 .

B/E Aerospace Inc's change in receivables for the fiscal year that ended in Dec. 2016 was \$-16 Mil. It means B/E Aerospace Inc's accounts receivables declined by \$16 Mil from Dec. 2015 to Dec. 2016 .

B/E Aerospace Inc's accounts receivables for the quarter that ended in Dec. 2016 was \$354 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 receivables are being managed. B/E Aerospace Inc's days sales outstanding for the three months ended in Dec. 2016 was 44.16.

In Ben Grahams calculation of liquidation value, Apple Inc's accounts receivables are only considered to be worth 75% of book value. B/E Aerospace Inc's liquidation value for the three months ended in Dec. 2016 was \$-2,057 Mil.

Definition

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.

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.

B/E Aerospace Inc's Days Sales Outstanding for the quarter that ended in Dec. 2016 is calculated as:

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 353.5 / 730.4 * 91 = 44.16

2. In Ben Grahams calculation of liquidation value, B/E Aerospace Inc's accounts receivable are only considered to be worth 75% of book value:

B/E Aerospace Inc's liquidation value for the quarter that ended in Dec. 2016 is calculated as:

 Liquidation Value = Cash and Cash Equivalents - Total Liabilities + (0.75 * Account Receivable) + (0.5 * Inventory) = 202 - 3153.6 + 0.75 * 353.5 + 0.5 * 1258.9 = -2,057

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

B/E Aerospace Inc Annual Data

 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 ChangeInReceivables -43 -22 55 -34 -49 -32 -67 -77 -85 -16

B/E Aerospace Inc Quarterly Data

 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 ChangeInReceivables -14 66 -75 -21 -12 23 -62 -11 -13 70
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