Regional Express Holdings (ASX:REX) Accounts Receivable: A$40.2 Mil (As of Dec. 2023)

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ASX:REX Regional Express Holdings Ltd ASX:REX
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What is Regional Express Holdings Accounts Receivable?

Regional Express Holdings ASX:REX 4 Accounts Receivable is A$40.2 Mil as of Dec. 2023. GuruFocus rates ASX:REX with a GF Score™ of 4/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Regional Express Holdings's accounts receivables for the quarter that ended in Dec. 2023 was A$40.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Regional Express Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 21.17.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Regional Express Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was A$-4.11.


Regional Express Holdings 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.

Regional Express Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=40.201/346.612*91
=21.17

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

Regional Express Holdings'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)
=(79.497+0.75 * 40.201+0.5 * 3.892-580.776
-0-0)/114.241
=-4.11

* 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.


Regional Express Holdings Accounts Receivable Related Terms


Regional Express Holdings Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Regional Express Holdings'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.

Regional Express Holdings Accounts Receivable Chart

Regional Express Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.58 5.89 5.13 25.25 30.53

Regional Express Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 34.83 25.25 34.98 30.53 40.20
ASX:REX
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Regional Express Holdings Ltd ASX:REX
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Regional Express Holdings Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of A$40.2 Mil mean?
Regional Express Holdings (ASX:REX) has a Accounts Receivable of A$40.2 Mil as of Dec. 2023. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Regional Express Holdings and its competitors.
Is Regional Express Holdings' Accounts Receivable too high?
Regional Express Holdings' current Accounts Receivable is A$40.2 Mil. Overall, Regional Express Holdings has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Regional Express Holdings' Accounts Receivable compare to DAL and LUV?
Regional Express Holdings' Accounts Receivable of A$40.2 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Transportation company?
A good Accounts Receivable depends on the Transportation industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Regional Express Holdings and its competitors. Regional Express Holdings's current Accounts Receivable is A$40.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Regional Express Holdings stock overvalued right now?
Regional Express Holdings (ASX:REX) has a current Accounts Receivable of A$40.2 Mil. The current Accounts Receivable is A$40.2 Mil. Regional Express Holdings' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Regional Express Holdings (ASX:REX), the current Accounts Receivable is A$40.2 Mil as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Regional Express Holdings Business Description

Address 81-83 Baxter Road, Mascot, Sydney, NSW, AUS, 2020
Regional Express Holdings Ltd is an Australian-based airline company. The company is engaged in the provision of air services for the transportation of passengers and freight. Its operating segment includes Regular public transport, Charter and other, and Training. The company generates maximum revenue from the Regular public transport segment. Some of its services include Web Check-in; Print Invoices; Safe Hand Baggage; Travel Insurance and others.
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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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