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Air France-KLM (Air France-KLM) Accounts Receivable : $2,347 Mil (As of Dec. 2023)


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What is Air France-KLM Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Air France-KLM's accounts receivables for the quarter that ended in Dec. 2023 was $2,347 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Air France-KLM's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 26.51.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Air France-KLM's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-11.24.


Air France-KLM Accounts Receivable Historical Data

The historical data trend for Air France-KLM'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.

Air France-KLM Accounts Receivable Chart

Air France-KLM Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,404.44 1,518.25 1,707.35 1,890.89 2,346.78

Air France-KLM Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,890.89 2,261.24 2,148.43 2,489.86 2,346.78

Air France-KLM Accounts Receivable Calculation

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


Air France-KLM 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.

Air France-KLM's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2346.783/8077.426*91
=26.51

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

Air France-KLM's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(8114.504+0.75 * 2346.783+0.5 * 930.207-37066.521
-0-2781.897)/2626.26
=-11.24

* 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.


Air France-KLM Accounts Receivable Related Terms

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Air France-KLM (Air France-KLM) Business Description

Address
2 Rue Robert Esnault-Pelterie, Paris, FRA, 75007
Air France-KLM is a European airline group engaged in businesses that include passenger and cargo transportation, low-cost operations, and aircraft maintenance. The Group has four segments which include Network, Maintenance, Transavia, and Other. The Network segment derives key revenue which includes the passenger and cargo network, mainly coming from passenger transportation services on scheduled flights with the group's airline code. Its geographic markets include France, Benelux, Europe, and the rest of the world, with the majority of revenue coming from France, including its overseas division.

Air France-KLM (Air France-KLM) Headlines

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