Air Canada (TSX:AC) Accounts Receivable: C$1,416 Mil (As of Jun. 2026)

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TSX:AC Air Canada TSX:AC
84 GF Score
Price C$29.64
GF Value C$25.25
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Air Canada Accounts Receivable?

Air Canada TSX:AC -2.53% 84 Accounts Receivable is C$1,416 Mil as of Jun. 2026. GuruFocus rates TSX:AC with a GF Score™ of 84/100 and a GF Value™ of C$25.25 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Air Canada's accounts receivables for the quarter that ended in Jun. 2026 was C$1,416 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Air Canada's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 20.62.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Air Canada's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was C$-80.98.


Air Canada 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.

Air Canada's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1416/6266*91
=20.62

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

Air Canada's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2026 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)
=(7011+0.75 * 1416+0.5 * 593-31049
-0-0)/280.059
=-80.98

* 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.


Air Canada Accounts Receivable Related Terms


Air Canada Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Air Canada'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.

Air Canada Accounts Receivable Chart

Air Canada Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 691.00 1,037.00 1,121.00 1,089.00 1,292.00

Air Canada Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1,170.00 1,206.00 1,292.00 1,481.00 1,416.00
TSX:AC
84GF Score
Air Canada TSX:AC
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Air Canada 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 C$1,416 Mil mean?
Air Canada (TSX:AC) has a Accounts Receivable of C$1,416 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Air Canada and its competitors.
Is Air Canada's Accounts Receivable too high?
Air Canada's current Accounts Receivable is C$1,416 Mil. Overall, Air Canada has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Air Canada's Accounts Receivable compare to DAL and UAL?
Air Canada's Accounts Receivable of C$1,416 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 Air Canada and its competitors. Air Canada's current Accounts Receivable is C$1,416 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Canada stock overvalued right now?
Based on GuruFocus' analysis, Air Canada (TSX:AC) is currently considered Modestly Overvalued. The stock's GF Value™ is C$25.25, compared to a current price of C$29.64 — trading 17.4% above its estimated fair value. The current Accounts Receivable is C$1,416 Mil. Air Canada's overall GF Score™ is 84/100 with 6 warning signs to review. 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 Air Canada (TSX:AC), the current Accounts Receivable is C$1,416 Mil as of Jun. 2026. 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.

Is Air Canada (TSX:AC) Overvalued in 2026?

Based on GuruFocus' analysis, Air Canada stock appears to be overvalued. The current stock price of C$29.64 is trading 17.4% above its estimated GF Value™ of C$25.25. GuruFocus considers Air Canada to be Modestly Overvalued.

Key valuation signals for TSX:AC:

  • Accounts Receivable: C$1,416 Mil
  • GF Value™: C$25.25 vs. price of C$29.64 (17.4% above fair value)
  • GF Score™: 84/100 with 6 warning signs

No single metric tells the full story. See the TSX:AC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Air Canada Business Description

Address 7373 Cote Vertu Boulevard West, Air Canada Centre, Saint-Laurent, Montreal, QC, CAN, H4S 1Z3
Air Canada is Canada's largest airline, serving nearly 50 million passengers each year, together with its low-cost subbrand, Rouge, and contracts for regional connection flights into its network. Air Canada is a sixth-freedom airline, which flies many passengers on long-haul trips to and from the US with a layover in Canada.
84GF Score

Get the complete analysis for TSX:AC

Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$29.64
Price
C$25.25
GF Value