Air Arabia PJSC (DFM:AIRARABIA) Change In Receivables : د.إ21 Mil (TTM As of Dec. 2023)

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What is Air Arabia PJSC Change In Receivables?

Air Arabia PJSC's change in receivables for the quarter that ended in Dec. 2023 was د.إ401 Mil. It means Air Arabia PJSC's Accounts Receivable declined by د.إ401 Mil from Sep. 2023 to Dec. 2023 .

Air Arabia PJSC's change in receivables for the fiscal year that ended in Dec. 2023 was د.إ21 Mil. It means Air Arabia PJSC's Accounts Receivable declined by د.إ21 Mil from Dec. 2022 to Dec. 2023 .

Air Arabia PJSC's Accounts Receivable for the quarter that ended in Dec. 2023 was د.إ301 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. Air Arabia PJSC's Days Sales Outstanding for the three months ended in Dec. 2023 was 17.75.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Air Arabia PJSC's liquidation value for the three months ended in Dec. 2023 was د.إ-1,643 Mil.

Air Arabia PJSC Change In Receivables Historical Data

The historical data trend for Air Arabia PJSC'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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Air Arabia PJSC Change In Receivables Chart

Air Arabia PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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122.25

89.99

515.02

-94.87

21.13

Air Arabia PJSC 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															405.95	-122.36	-85.96	-171.59	401.03

Air Arabia PJSC 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 د.إ21 Mil.

Air Arabia PJSC (DFM:AIRARABIA) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	300.592	/	1545.098	*	91
=	17.75

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

Air Arabia PJSC'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)
=	5246.377	-	7139.454	+	0.75 * 300.592	+	0.5 * 48.719
=	-1,643

Air Arabia PJSC Change In Receivables Related Terms

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Air Arabia PJSC (DFM:AIRARABIA) Business Description

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Address

P.O. Box 132, Sharjah, ARE

Website

https://www.airarabia.com

Air Arabia PJSC is a group of airlines and companies offering travel and tourism services around the world. It consists of a handful of international hubs located in North Africa and the Middle East. Additionally, it provides ground handling and MRO (maintenance, repair, and overhaul), flight simulators and training, and hospitality services. Flight destinations are spread across North Africa, the Middle East, Asia, and Europe.

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