Switch to:
AeroVironment Inc  (NAS:AVAV) Change In Receivables: $-48.0 Mil (As of Apr. 2017)

AeroVironment Inc's change in receivables for the quarter that ended in Apr. 2017 was $-48.0 Mil. It means AeroVironment Inc's Accounts Receivable declined by $48.0 Mil from Jan. 2017 to Apr. 2017 .

AeroVironment Inc's change in receivables for the fiscal year that ended in Apr. 2017 was $-13.8 Mil. It means AeroVironment Inc's Accounts Receivable declined by $13.8 Mil from Apr. 2016 to Apr. 2017 .

AeroVironment Inc's Accounts Receivable for the quarter that ended in Apr. 2017 was $74.4 Mil.

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 Receivable are being managed. AeroVironment Inc's Days Sales Outstanding for the three months ended in Apr. 2017 was 54.12.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. AeroVironment Inc's liquidation value for the three months ended in Apr. 2017 was $235.1 Mil.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

AeroVironment Inc Annual Data

Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
Change In Receivables Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.14 -6.40 -1.61 -23.80 -13.85

AeroVironment Inc Quarterly Data

Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17
Change In Receivables 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 Premium Member Only Premium Member Only Premium Member Only 23.18 4.46 6.51 -47.99 43.98

Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.


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 Receivable are being managed.

AeroVironment Inc's Days Sales Outstanding for the quarter that ended in Apr. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=74.361/125.376*91
=54.12

2. In Ben Graham's calculation of liquidation value, AeroVironment Inc's accounts receivable are only considered to be worth 75% of book value:

AeroVironment Inc's liquidation value for the quarter that ended in Apr. 2017 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=199.875-50.546+0.75 * 74.361+0.5 * 60.076
=235.1

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms


Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK