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AirAsia X Bhd (XKLS:5238) Accounts Receivable : RM34 Mil (As of Mar. 2024)


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What is AirAsia X Bhd Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. AirAsia X Bhd's accounts receivables for the quarter that ended in Mar. 2024 was RM34 Mil.

Accounts receivable can be measured by Days Sales Outstanding. AirAsia X Bhd's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 3.38.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. AirAsia X Bhd's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was RM-6.54.


AirAsia X Bhd Accounts Receivable Historical Data

The historical data trend for AirAsia X Bhd'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.

AirAsia X Bhd Accounts Receivable Chart

AirAsia X Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 164.62 102.04 6.90 671.90 37.54

AirAsia X Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 67.28 42.84 39.02 37.54 33.70

AirAsia X Bhd Accounts Receivable Calculation

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


AirAsia X Bhd 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.

AirAsia X Bhd's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=33.699/908.917*91
=3.38

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

AirAsia X Bhd'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)
=(58.955+0.75 * 33.699+0.5 * 8.027-3010.064
-0-0)/447.073
=-6.54

* 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.


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.


AirAsia X Bhd Accounts Receivable Related Terms

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AirAsia X Bhd (XKLS:5238) Business Description

Traded in Other Exchanges
N/A
Address
RedQ, Jalan Pekeliling 5, Lapangan Terbang Antarabangsa, KLIA, Kuala Lumpur, SGR, MYS, 64000
AirAsia X Bhd is a Malaysia-based long-haul airline company, engaged in providing long-haul air transportation services. It operates primarily in the Asia-Pacific region. The organization's reportable segments are classified as each company with an Air Operator Certificate held under the AirAsia brand, namely Malaysia, Thailand, and Indonesia. Thailand is the maximum revenue-generating segment for the company. It derives revenue through freight services, aircraft operating lease income, management fees, and through other ancillary activities. It also offers management logistical and marketing services and engine and aircraft leasing services.

AirAsia X Bhd (XKLS:5238) Headlines

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