Boeing Co (XTER:BCO) Accounts Receivable

: €2,488 Mil (As of Dec. 2023)

View and export this data going back to 1990. Start your Free Trial

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Boeing Co's accounts receivables for the quarter that ended in Dec. 2023 was €2,488 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Boeing Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 11.24.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Boeing Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-144.99.

Boeing Co Accounts Receivable Historical Data

The historical data trend for Boeing Co'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.

Boeing Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

3,003.30

1,960.47

2,678.01

2,480.83

2,487.82

Boeing Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable																2,480.83	2,673.11	2,718.24	2,840.98	2,487.82

Boeing Co Accounts Receivable Calculation

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

Boeing Co 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.

Boeing Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2487.821	/	20190.506	*	91
=	11.24

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

Boeing Co'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)
=	(14639.905	+	0.75 * 2487.821	+	0.5 * 73122.497	-	141438.08
-	0	-	4.585)	/	609.515
=	-144.99

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.

Boeing Co Accounts Receivable Related Terms

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

Boeing Co (XTER:BCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Boeing Co (XTER:BCO) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

BA:USA BA:Peru BA:Mexico BA_KZ:Kazakhstan 1BA:Italy BCOd:UK 0BOE:UK BA:Chile BA:Canada BOEI34:Brazil BA:Austria BA:Argentina

Address

929 Long Bridge Drive, Arlington, VA, USA, 22202

Website

https://www.boeing.com

Boeing is a major aerospace and defense firm. It operates in four segments: commercial airplanes; defense, space, and security; Global services; and Boeing capital. Boeing's commercial airplanes segment competes with Airbus in the production of aircraft ranging from 130 seats upward. Boeing's defense, space, and security segment competes with Lockheed, Northrop, and several other firms to create military aircraft and weaponry. Global services provides aftermarket support to airlines.