Air Canada (TSX:AC) Change In Receivables : C$0 Mil (TTM As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Air Canada Change In Receivables?

Air Canada's change in receivables for the quarter that ended in Dec. 2023 was C$0 Mil. It means Air Canada's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

Air Canada's change in receivables for the fiscal year that ended in Dec. 2023 was C$0 Mil. It means Air Canada's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Air Canada's Accounts Receivable for the quarter that ended in Dec. 2023 was C$1,121 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. Air Canada's Days Sales Outstanding for the three months ended in Dec. 2023 was 19.77.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Air Canada's liquidation value for the three months ended in Dec. 2023 was C$-19,841 Mil.

Air Canada Change In Receivables Historical Data

The historical data trend for Air Canada'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.

* Premium members only.

Air Canada Change In Receivables Chart

Air Canada Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

Air Canada Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Air Canada 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0 Mil.

Air Canada (TSX:AC) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1121	/	5175	*	91
=	19.77

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

Air Canada's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	8551	-	29401	+	0.75 * 1121	+	0.5 * 337
=	-19,841

Air Canada Change In Receivables Related Terms

Thank you for viewing the detailed overview of Air Canada's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Air Canada (TSX:AC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air Canada (TSX:AC) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

ACDVF:USA ADH2:Germany

Address

7373 Cote Vertu Boulevard West, Air Canada Centre, Saint-Laurent, QC, CAN, H4S 1Z3

Website

https://www.aircanada.com

Air Canada is Canada's largest airline, generally serving nearly 50 million passengers each year together with its low-cost sub-brand called Rouge and contracts for regional connection flights to its network. Air Canada is a sixth freedom airline, similar to Gulf carriers, which flies many U.S. nationals on long-haul trips with a layover in Canada. In 2022, the company generated CAD 16.6 billion in total revenue, down from CAD 19 billion in 2019 as the airline is still recovering from the pandemic and related travel restrictions.