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Avianca Holdings (BOG:PFAVH) Accounts Receivable : COP734,858 Mil (As of Sep. 2021)


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What is Avianca Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Avianca Holdings's accounts receivables for the quarter that ended in Sep. 2021 was COP734,858 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Avianca Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2021 was 29.38.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Avianca Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2021 was COP-28,811.28.


Avianca Holdings Accounts Receivable Historical Data

The historical data trend for Avianca 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.

* Premium members only.

Avianca Holdings Accounts Receivable Chart

Avianca Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 964,437.84 681,270.20 931,179.39 820,565.21 819,412.55

Avianca Holdings Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 498,632.39 819,412.55 702,412.74 613,969.19 734,858.30

Avianca Holdings Accounts Receivable Calculation

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


Avianca 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.

Avianca Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=734858.301/2282037.294*91
=29.38

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

Avianca Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2021 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)
=(4335565.979+0.75 * 734858.301+0.5 * 293948.577-33676078.723
-157782.077--75708.964)/996.987
=-28,811.28

* 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.


Avianca Holdings Accounts Receivable Related Terms

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Avianca Holdings (BOG:PFAVH) Business Description

Traded in Other Exchanges
N/A
Address
Ph Arifa, Floors 9 and 10, West Boulevard, Santa Maria Business District, Panama, PAN
Avianca Holdings SA is a company that represents the integrated operation of several airlines that operate nationally and internationally. The company holds investments primarily in passenger airlines, cargo airlines and related activities including tourism, engineering, maintenance and specialized maintenance services. The company has two reportable segments, Air transportation, and Loyalty. The company offers scheduled air passenger transportation services within Colombia and to Central America, North America, South America, and Europe. The company generates the majority of its revenue from Air transportation segment.

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