FTAI Aviation (FTAI Aviation) Accounts Receivable : $137 Mil (As of Mar. 2024)

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What is FTAI Aviation Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. FTAI Aviation's accounts receivables for the quarter that ended in Mar. 2024 was $137 Mil.

Accounts receivable can be measured by Days Sales Outstanding. FTAI Aviation's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 38.38.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. FTAI Aviation's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-28.24.

FTAI Aviation Accounts Receivable Historical Data

The historical data trend for FTAI Aviation'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.

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FTAI Aviation Accounts Receivable Chart

FTAI Aviation Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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49.47

91.69

124.92

99.44

115.16

FTAI Aviation Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial															113.55	117.55	107.83	115.16	137.40

FTAI Aviation Accounts Receivable Calculation

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

FTAI Aviation 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.

FTAI Aviation's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	137.399	/	326.694	*	91
=	38.38

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

FTAI Aviation'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)
=	(65.224	+	0.75 * 137.399	+	0.5 * 0	-	2998.3
-	0.159	-	0.534)	/	100.246
=	-28.24

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.

FTAI Aviation Accounts Receivable Related Terms

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FTAI Aviation (FTAI Aviation) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » FTAI Aviation Ltd (NAS:FTAI) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

FTAIN.PFD:USA FTAIO.PFD:USA FTAIP.PFD:USA

Address

1345 Avenue of the Americas, 45th Floor, New York, NY, USA, 10105

Website

https://www.ftaiaviation.com

FTAI Aviation Ltd is a aerospace company .It owns and maintains commercial jet engines with a focus on CFM56 engines. FTAI owns and leases jet aircraft which often facilitates the acquisition of engines at attractive prices. It invests in aviation assets and aerospace products that generate strong and stable cash flows with the potential for earnings growth and asset appreciation.

Executives

Adams Joseph P. Jr.	director, officer: Chief Executive Officer	C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Ray M Robinson	director	1170 PEACHTREE STREET NE, SUITE 2300, ATLANTA GA 30309
Paul R Goodwin	director	CSX CORPORATION, 901 E. CARY STREET, RICHMOND VA 23219
Martin Tuchman	director	633 PROSPECT AVE, PRINCETON NJ 08540
Eun Nam	officer: Chief Accounting Officer	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Washington State Investment Board	10 percent owner	2100 EVERGREEN PARK DR SW, PO BOX 40916, OLYMPIA WA 98504-0916
Scott Christopher	officer: Chief Accounting Officer	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Kenneth J. Nicholson	director	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
A Andrew Levison	director	124 WEST PUTNAM AVE, GREENWICH CT 06830
Judith A Hannaway	director	C/O FORTRESS INVESTMENT GROUP, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Jonathan Atkeson	officer: CFO and COO	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Wesley R Edens	director, 10 percent owner	1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Fortress Worldwide Transportation & Infrastructure Gp Llc	10 percent owner	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Fortress Worldwide Transportation & Infrastructure Investors Lp	10 percent owner	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105