GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Asia Aviation PCL (BKK:AAV-F) » Definitions » Accounts Receivable

Asia Aviation PCL (BKK:AAV-F) Accounts Receivable : ฿331 Mil (As of Jun. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Asia Aviation PCL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Asia Aviation PCL's accounts receivables for the quarter that ended in Jun. 2024 was ฿331 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Asia Aviation PCL's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 2.63.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Asia Aviation PCL's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was ฿-4.84.


Asia Aviation PCL Accounts Receivable Historical Data

The historical data trend for Asia Aviation PCL'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.

Asia Aviation PCL Accounts Receivable Chart

Asia Aviation PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 542.35 84.20 102.71 261.98 339.64

Asia Aviation PCL Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 362.75 346.92 339.64 427.20 330.82

Asia Aviation PCL Accounts Receivable Calculation

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


Asia Aviation PCL 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.

Asia Aviation PCL's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=330.822/11485.098*91
=2.63

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

Asia Aviation PCL's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 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)
=(1686.559+0.75 * 330.822+0.5 * 614.303-64439.642
-0-0)/12850
=-4.84

* 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.


Asia Aviation PCL Accounts Receivable Related Terms

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


Asia Aviation PCL Business Description

Traded in Other Exchanges
Address
Vibhavadee Rangsit Road, 3rd floor, Central Office Building, Room no. 3200, 222, Don Mueang International Airport, Sanam Bin District, Don Mueang District, Bangkok, THA, 10210
Asia Aviation PCL is a holding company for Thai AirAsia Company Ltd that is engaged in investing in a low-fare airline business company. The company has two operating segments; Schedule flight operations provide passenger air transportation services to routine destinations for scheduled flights. It sells tickets through its distribution channels such as websites, sale counters, travel agents. and Chartered flight operations provide passenger air transportation services to non-routine destinations. Flights are operated when there is hiring from customers such as tourist agency companies.

Asia Aviation PCL Headlines

No Headlines