Chorus Aviation (FRA:1H0) Change In Receivables : €-21 Mil (TTM As of Mar. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Chorus Aviation Change In Receivables?

Chorus Aviation's change in receivables for the quarter that ended in Mar. 2024 was €17 Mil. It means Chorus Aviation's Accounts Receivable declined by €17 Mil from Dec. 2023 to Mar. 2024 .

Chorus Aviation's change in receivables for the fiscal year that ended in Dec. 2023 was €-16 Mil. It means Chorus Aviation's Accounts Receivable increased by €16 Mil from Dec. 2022 to Dec. 2023 .

Chorus Aviation's Accounts Receivable for the quarter that ended in Mar. 2024 was €101 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. Chorus Aviation's Days Sales Outstanding for the three months ended in Mar. 2024 was 31.97.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Chorus Aviation's liquidation value for the three months ended in Mar. 2024 was €-1,509 Mil.

Chorus Aviation Change In Receivables Historical Data

The historical data trend for Chorus Aviation'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.

Chorus Aviation Change In Receivables Chart

Chorus Aviation Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

5.28

-32.33

-14.67

-31.75

-15.54

Chorus Aviation 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															22.78	-10.14	-12.11	-16.42	17.33

Chorus Aviation 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 €-21 Mil.

Chorus Aviation (FRA:1H0) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	101.484	/	289.664	*	91
=	31.97

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

Chorus Aviation'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)
=	55.169	-	1682.116	+	0.75 * 101.484	+	0.5 * 83.764
=	-1,509

Chorus Aviation Change In Receivables Related Terms

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

Chorus Aviation (FRA:1H0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Chorus Aviation Inc (FRA:1H0) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

CHRRF:USA CHR:Canada

Address

3 Spectacle Lake Drive, Suite 380, Dartmouth, NS, CAN, B3B 1W8

Website

https://www.chorusaviation.com

Chorus Aviation Inc is a Canadian holding company. It aims to deliver regional aviation to the world through its businesses. It specializes in contract flying, maintenance, repair and overhaul, and aircraft leasing solutions. The company operates in two segments namely, the Regional Aviation Services segment includes contract flying, charter operations and maintenance, repair, and overhaul services that are carried on by both Jazz and Voyageur, and the Regional Aircraft Leasing segment leases aircraft to third parties through its wholly-owned subsidiary Chorus Aviation Capital Corp. It generates maximum revenue from the Regional Aviation Services segment.

Chorus Aviation (FRA:1H0) Headlines

No Headlines