Azul (BSP:AZUL4) Change In Receivables : R$944 Mil (TTM As of Dec. 2023)

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What is Azul Change In Receivables?

Azul's change in receivables for the quarter that ended in Dec. 2023 was R$614 Mil. It means Azul's Accounts Receivable declined by R$614 Mil from Sep. 2023 to Dec. 2023 .

Azul's change in receivables for the fiscal year that ended in Dec. 2023 was R$897 Mil. It means Azul's Accounts Receivable declined by R$897 Mil from Dec. 2022 to Dec. 2023 .

Azul's Accounts Receivable for the quarter that ended in Dec. 2023 was R$1,109 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. Azul's Days Sales Outstanding for the three months ended in Dec. 2023 was 20.12.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Azul's liquidation value for the three months ended in Dec. 2023 was R$-38,732 Mil.

Azul Change In Receivables Historical Data

The historical data trend for Azul'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.

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Azul Change In Receivables Chart

Azul Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-47.62

663.06

-179.29

-1,161.06

896.50

Azul Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															171.74	451.13	136.06	-257.40	614.20

Azul 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was R$944 Mil.

Azul (BSP:AZUL4) 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.

Azul's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1109.4	/	5030.4	*	91
=	20.12

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

Azul's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1897.3	-	41860.7	+	0.75 * 1109.4	+	0.5 * 799.2
=	-38,732

Azul Change In Receivables Related Terms

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Azul (BSP:AZUL4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Azul SA (BSP:AZUL4) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

AZUL:USA 8AZA:Germany

Address

Marcos Penteado de Ulhoa Rodrigues, 939, Edificio Jatoba, 8th Floor, Castelo Branco Office Park, Tambore, Barueri, Sao Paulo, SP, BRA, 06460-040

Website

https://www.voeazul.com.br

Azul SA is involved in the operation of regular and non-regular airline passenger services, cargo or mail, passenger charter, provision of maintenance and hangarage services for aircraft, engines, parts and pieces, aircraft acquisition and lease, development of frequent-flyer programs, development of related activities and equity holding in other companies.

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