AAR (FRA:ARZ) Change In Receivables : €-3 Mil (TTM As of Feb. 2024)

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What is AAR Change In Receivables?

AAR's change in receivables for the quarter that ended in Feb. 2024 was €2 Mil. It means AAR's Accounts Receivable declined by €2 Mil from Nov. 2023 to Feb. 2024 .

AAR's change in receivables for the fiscal year that ended in May. 2023 was €-29 Mil. It means AAR's Accounts Receivable increased by €29 Mil from May. 2022 to May. 2023 .

AAR's Accounts Receivable for the quarter that ended in Feb. 2024 was €204 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. AAR's Days Sales Outstanding for the three months ended in Feb. 2024 was 35.39.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. AAR's liquidation value for the three months ended in Feb. 2024 was €-263 Mil.

AAR Change In Receivables Historical Data

The historical data trend for AAR's Change In Receivables 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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AAR Change In Receivables Chart

AAR Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Change In Receivables

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-39.43

22.65

-25.43

-48.15

-29.26

AAR Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Receivables	Get a 7-Day Free Trial															-22.04	12.05	-48.42	31.51	1.76

AAR Change In Receivables 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.

Change In Receivables for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-3 Mil.

AAR (FRA:ARZ) Change In Receivables 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.

AAR's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	203.94	/	525.887	*	91
=	35.39

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

AAR's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	64.148	-	791.473	+	0.75 * 203.94	+	0.5 * 622.48
=	-263

AAR Change In Receivables Related Terms

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AAR (FRA:ARZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » AAR Corp (FRA:ARZ) » Definitions » Change In Receivables

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AIR:USA ARZ:Germany

Address

1100 N. Wood Dale Road, One AAR Place, Wood Dale, IL, USA, 60191

Website

https://www.aarcorp.com

AAR Corp is engaged in providing products and services to aviation, government, and defense market. It operates in two segments namely Aviation Services and Expeditionary Services. The Aviation Services segment consists of aftermarket support and services businesses that provide spares and maintenance support for aircraft operated by it's commercial and government/defense customers. The Expeditionary Services segment consists of businesses that provide products and services supporting the movement of equipment and personnel by the U.S. Department of Defense, foreign governments, and non-governmental organizations. It generates a majority of its revenue from the Aviation Services Segment.

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