Howmet Aerospace (Howmet Aerospace) Change In Receivables : $-154.00 Mil (TTM As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Howmet Aerospace Change In Receivables?

Howmet Aerospace's change in receivables for the quarter that ended in Mar. 2024 was $-127.00 Mil. It means Howmet Aerospace's Accounts Receivable increased by $127.00 Mil from Dec. 2023 to Mar. 2024 .

Howmet Aerospace's change in receivables for the fiscal year that ended in Dec. 2023 was $-164.00 Mil. It means Howmet Aerospace's Accounts Receivable increased by $164.00 Mil from Dec. 2022 to Dec. 2023 .

Howmet Aerospace's Accounts Receivable for the quarter that ended in Mar. 2024 was $785.00 Mil.

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 Receivable are being managed. Howmet Aerospace's Days Sales Outstanding for the three months ended in Mar. 2024 was 39.27.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Howmet Aerospace's liquidation value for the three months ended in Mar. 2024 was $-4,310.75 Mil.

Howmet Aerospace Change In Receivables Historical Data

The historical data trend for Howmet Aerospace's Change In Receivables 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.

Howmet Aerospace Change In Receivables Chart

Howmet Aerospace Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-977.00

-238.00

-337.00

-161.00

-164.00

Howmet Aerospace Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-137.00	-4.00	-70.00	47.00	-127.00

Howmet Aerospace Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-154.00 Mil.

Howmet Aerospace (NYSE:ARNCPRB.PFD) Change In Receivables 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 Receivable are being managed.

Howmet Aerospace's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	785	/	1824	*	91
=	39.27

2. In Ben Graham's calculation of liquidation value, Howmet Aerospace's accounts receivable are only considered to be worth 75% of book value:

Howmet Aerospace's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	533	-	6324	+	0.75 * 785	+	0.5 * 1783
=	-4,310.75

Howmet Aerospace Change In Receivables Related Terms

Thank you for viewing the detailed overview of Howmet Aerospace's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Howmet Aerospace (Howmet Aerospace) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Howmet Aerospace Inc (NYSE:ARNCPRB.PFD) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

HWM.PR.PFD:USA HWM:USA 48Z:Germany HWMCL:Chile HWM:Austria

Address

201 Isabella Street, Suite 200, Pittsburgh, PA, USA, 15212-5872

Website

https://www.howmet.com

Howmet Aerospace Inc produces products that are majorly used in aerospace, commercial transportation, and industrial and other markets. The company seeks to provide its customers with innovative solutions through offering differentiated products such as airfoils with advanced cooling and coatings for extreme temperature applications, specially designed fasteners for lightweight composite airframe construction, reduced assembly costs, and lightning strike protection and lightweight aluminum commercial wheels. It has four reportable segments namely, Engine Products, Fastening Systems, Engineered Structures and Forged Wheels.