AeroVironment (AeroVironment) Accounts Receivable : $53.2 Mil (As of Jan. 2024)

View and export this data going back to 2007. Start your Free Trial

What is AeroVironment Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. AeroVironment's accounts receivables for the quarter that ended in Jan. 2024 was $53.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. AeroVironment's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 26.04.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. AeroVironment's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $2.17.

AeroVironment Accounts Receivable Historical Data

The historical data trend for AeroVironment'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.

AeroVironment Accounts Receivable Chart

AeroVironment Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Accounts Receivable

Get a 7-Day Free Trial

31.05

73.66

62.65

60.17

87.63

AeroVironment Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accounts Receivable	Get a 7-Day Free Trial															52.87	87.63	79.21	73.87	53.24

AeroVironment Accounts Receivable Calculation

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

AeroVironment 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.

AeroVironment's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	53.236	/	186.578	*	91
=	26.04

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

AeroVironment's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=	(107.694	+	0.75 * 53.236	+	0.5 * 161.384	-	167.314
-	0	-	0)	/	28.1367
=	2.17

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.

AeroVironment Accounts Receivable Related Terms

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

AeroVironment (AeroVironment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » AeroVironment Inc (NAS:AVAV) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

JPX:Germany JPX:Germany

Address

241 18th Street South, Suite 415, Arlington, VA, USA, 22202

Website

https://www.avinc.com

AeroVironment Inc operates under a single business segment in which it supplies unmanned aircraft systems, tactical missile systems, high-altitude pseudo-satellites, and other related services to government agencies within the United States Department of Defense as well as the United States allied international governments. The systems can help with security, surveillance, or sensing, and provide "eyes in the sky" without needing an actual person, or driver, in the sky.

Executives

Mary Beth Long	director	309 FRANKLIN STREET, ALEXANDRIA VA 22314
Brian Charles Shackley	officer: Chief Accounting Officer	900 INNOVATORS WAY, SIMI VALLEY CA 93065
Cindy Kay Lewis	director	900 INNOVATORS WAY, SIMI VALLEY CA 93065
Trace E Stevenson	officer: Sr. VP	900 INNOVATORS WAY, SIMI VALLEY CA 93065
Brett P Hush	officer: Sr. VP	900 INNOVATORS WAY, SIMI VALLEY CA 93065
Jeff E Rodrian	officer: Sr. VP	900 INNOVATORS WAY, SIMI VALLEY CA 93063
Phillip S Davidson	director	825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024
Kevin Patrick Mcdonnell	officer: Chief Financial Officer	900 INNOVATORS WAY, SIMI VALLEY CA 93065
Stephen F Page	director	C/O AEROVIRONMENT, INC., 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Edward R Muller	director	C/O AEROVIRONMENT, INC., 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Charles Thomas Burbage	director	C/O AEROVIRONMENT, INC., 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Charles R Holland	director	C/O AEROVIRONMENT, INC., 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Melissa Ann Brown	officer: VP, Gen. Counsel, Corp. Sec.	800 ROYAL OAKS DRIVE, SUITE 210, MONROVIA CA 91016
Alison Marie Roelke	officer: VP People & Culture	900 INNOVATORS WAY, SIMI VALLEY CA 93065
Timothy E Conver	director, 10 percent owner, officer: President and CEO	900 INNOVATORS WAY, SIMI VALLEY CA 93065