PSSR (PASSUR Aerospace) Accounts Receivable: $0.91 Mil (As of Jul. 2022)

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PSSR PASSUR Aerospace Inc PSSR
12 GF Score
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What is PASSUR Aerospace Accounts Receivable?

PASSUR Aerospace PSSR 12 Accounts Receivable is $0.91 Mil as of Jul. 2022. GuruFocus rates PSSR with a GF Score™ of 12/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PASSUR Aerospace's accounts receivables for the quarter that ended in Jul. 2022 was $0.91 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PASSUR Aerospace's Days Sales Outstanding for the quarter that ended in Jul. 2022 was 56.02.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PASSUR Aerospace's Net-Net Working Capital per share for the quarter that ended in Jul. 2022 was $-1.99.

PASSUR Aerospace 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.

PASSUR Aerospace's Days Sales Outstanding for the quarter that ended in Jul. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.911/1.484*91
=56.02

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

PASSUR Aerospace's Net-Net Working Capital Per Share for the quarter that ended in Jul. 2022 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)
=(0.217+0.75 * 0.911+0.5 * 0-16.218
-0-0)/7.712
=-1.99

* 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.

PASSUR Aerospace Accounts Receivable Related Terms

PASSUR Aerospace Accounts Receivable Historical Data

* Premium members only.

The historical data trend for PASSUR Aerospace'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.

PASSUR Aerospace Accounts Receivable Chart

PASSUR Aerospace Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.36 1.19 1.14 0.66 0.81

PASSUR Aerospace Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
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 0.51 0.81 0.57 1.01 0.91
PSSR
12GF Score
PASSUR Aerospace Inc PSSR
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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PASSUR Aerospace 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 $0.91 Mil mean?
PASSUR Aerospace (PSSR) has a Accounts Receivable of $0.91 Mil as of Jul. 2022. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on PASSUR Aerospace and its competitors.
Is PASSUR Aerospace's Accounts Receivable too high?
PASSUR Aerospace's current Accounts Receivable is $0.91 Mil. Overall, PASSUR Aerospace has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does PASSUR Aerospace's Accounts Receivable compare to BANT and HWKE?
PASSUR Aerospace's Accounts Receivable of $0.91 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Accounts Receivable depends on the Aerospace & Defense 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 PASSUR Aerospace and its competitors. PASSUR Aerospace's current Accounts Receivable is $0.91 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PASSUR Aerospace stock overvalued right now?
PASSUR Aerospace (PSSR) has a current Accounts Receivable of $0.91 Mil. The current Accounts Receivable is $0.91 Mil. PASSUR Aerospace's overall GF Score™ is 12/100. 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 PASSUR Aerospace (PSSR), the current Accounts Receivable is $0.91 Mil as of Jul. 2022. 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.

PASSUR Aerospace Business Description

Address 3452 Lake Lynda Drive, Suite 190, Orlando, FL, USA, 06901
PASSUR Aerospace Inc is engaged in digital operational excellence, providing predictive analytics and decision support technology for the aviation industry, to improve the operational performance and cash flow of airlines and the airports where they operate. The company's information solutions are used at five North American airlines; by airlines in Europe; by more than 60 airport customers (used at the top 30 North American airports); by more than 100 business aviation organizations; and by the US government.
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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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