Southwest Airlines Co (Southwest Airlines Co) Change In Receivables : $-164 Mil (TTM As of Mar. 2024)

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What is Southwest Airlines Co Change In Receivables?

Southwest Airlines Co's change in receivables for the quarter that ended in Mar. 2024 was $-308 Mil. It means Southwest Airlines Co's Accounts Receivable increased by $308 Mil from Dec. 2023 to Mar. 2024 .

Southwest Airlines Co's change in receivables for the fiscal year that ended in Dec. 2023 was $-89 Mil. It means Southwest Airlines Co's Accounts Receivable increased by $89 Mil from Dec. 2022 to Dec. 2023 .

Southwest Airlines Co's Accounts Receivable for the quarter that ended in Mar. 2024 was $1,354 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 Receivable are being managed. Southwest Airlines Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 19.52.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Southwest Airlines Co's liquidation value for the three months ended in Mar. 2024 was $-13,889 Mil.

Southwest Airlines Co Change In Receivables Historical Data

The historical data trend for Southwest Airlines Co'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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Southwest Airlines Co Change In Receivables Chart

Southwest Airlines Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-94.00

-294.00

-701.00

422.00

-89.00

Southwest Airlines Co 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															-232.00	44.00	-216.00	316.00	-308.00

Southwest Airlines Co 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 $-164 Mil.

Southwest Airlines Co (NYSE:LUV) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1354	/	6329	*	91
=	19.52

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

Southwest Airlines Co'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)
=	10512	-	25822	+	0.75 * 1354	+	0.5 * 812
=	-13,889

Southwest Airlines Co Change In Receivables Related Terms

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Southwest Airlines Co (Southwest Airlines Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Southwest Airlines Co (NYSE:LUV) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

LUV:Mexico SWN:Germany SWN:Germany S1OU34:Brazil LUV:Austria

Address

P.O. Box 36611, Dallas, TX, USA, 75235-1611

Website

https://www.southwest.com

Southwest Airlines is the largest domestic air carrier in the United States by passengers boarded. Southwest operates over 700 aircraft in an all-Boeing 737 fleet. Despite offering some longer routes and a few perks for business travelers, the airline predominantly specializes in short-haul, leisure flights, using a point-to-point network. Southwest operates a low-cost carrier business model.

Executives

Roy Blunt	director	2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
Elaine Mendoza	director	2223 POSTOAK COURT, SAN ANTONIO TX 78248
Eduardo F Conrado	director	1303 E. ALGONQUIN ROAD, SCHAUMBURG IL 60196
Ryan C. Green	officer: EVP, Chief Commercial Officer	2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
Jill A. Soltau	director	123 SOUTH FRONT STREET, MEMPHIS TN 38103
John T Montford	director	C/O SOUTHWEST AIRLINES CO, 2702 LOVE FIELD DR PO BOX 36611, DALLAS TX 75235-1611
Christopher P. Reynolds	director	2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
David P Hess	director	390 PARK AVENUE, NEW YORK NY 10022
Thomas W. Gilligan	director	C/O KB HOME, 10990 WILSHIRE BOULEVARD, 7TH FLOOR, LOS ANGELES CA 90024
Linda B. Rutherford	officer: EVP People and Communications	2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
Robert E Jordan	officer: EVP - Strategy and Planning	C/O SOUTHWEST AIRLINES CO., 2702 LOVE FIELD DRIVE, DALLAS TX 75235
Gregory D Wells	officer: EVP, Daily Operations	2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
Alan Kasher	officer: EVP Daily Operations	2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
Mark R Shaw	officer: SVP,Gen Counsel,Corp.Secretary	2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
Tammy Romo	officer: SR VP Finance & CFO	C/O SOUTHWEST AIRINES CO., 2702 LOVE FIELD DR., DALLAS TX 75235