Southwest Airlines Co (FRA:SWN) Change In Receivables: €-84 Mil (TTM As of Mar. 2026)

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FRA:SWN Southwest Airlines Co FRA:SWN
82 GF Score
Price €42.66
GF Value €35.14
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Southwest Airlines Co Change In Receivables?

Southwest Airlines Co FRA:SWN +3.14% 82 Change In Receivables is €-84 Mil as of Mar. 2026. GuruFocus rates FRA:SWN with a GF Score™ of 82/100 and a GF Value™ of €35.14 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Southwest Airlines Co's change in receivables for the quarter that ended in Mar. 2026 was €-80 Mil. It means Southwest Airlines Co's Accounts Receivable increased by €80 Mil from Dec. 2025 to Mar. 2026 .

Southwest Airlines Co's change in receivables for the fiscal year that ended in Dec. 2025 was €44 Mil. It means Southwest Airlines Co's Accounts Receivable declined by €44 Mil from Dec. 2024 to Dec. 2025 .

Southwest Airlines Co's Accounts Receivable for the quarter that ended in Mar. 2026 was €148 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. Southwest Airlines Co's Days Sales Outstanding for the three months ended in Mar. 2026 was 2.15.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Southwest Airlines Co's liquidation value for the three months ended in Mar. 2026 was €-16,095 Mil.

Southwest Airlines Co  (FRA:SWN) 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.

Southwest Airlines Co's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=147.915/6270.385*91
=2.15

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

Southwest Airlines Co's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2878.72-19445.2+0.75 * 147.915+0.5 * 720.545
=-16,095

* 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.

Southwest Airlines Co Change In Receivables Related Terms

Southwest Airlines Co Change In Receivables Historical Data

* Premium members only.

The historical data trend for Southwest Airlines Co'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.

Southwest Airlines Co Change In Receivables Chart

Southwest Airlines Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -620.39 398.37 -81.61 18.15 43.55

Southwest Airlines Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Change In Receivables 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 52.73 78.03 -70.72 -11.10 -80.45
FRA:SWN
82GF Score
Southwest Airlines Co FRA:SWN
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Southwest Airlines Co 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-84 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of €-84 Mil mean?
Southwest Airlines Co (FRA:SWN) has a Change In Receivables of €-84 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Southwest Airlines Co and its competitors.
Is Southwest Airlines Co's Change In Receivables too high?
Southwest Airlines Co's current Change In Receivables is €-84 Mil. Overall, Southwest Airlines Co has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Southwest Airlines Co's Change In Receivables compare to AAL and UAL?
Southwest Airlines Co's Change In Receivables of €-84 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 Change In Receivables for a Transportation company?
A good Change In Receivables depends on the Transportation industry context. However, Change In Receivables 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 Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Southwest Airlines Co and its competitors. Southwest Airlines Co's current Change In Receivables is €-84 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southwest Airlines Co stock overvalued right now?
Based on GuruFocus' analysis, Southwest Airlines Co (FRA:SWN) is currently considered Modestly Overvalued. The stock's GF Value™ is €35.14, compared to a current price of €42.66 — trading 21.4% above its estimated fair value. The current Change In Receivables is €-84 Mil. Southwest Airlines Co's overall GF Score™ is 82/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Southwest Airlines Co (FRA:SWN), the current Change In Receivables is €-84 Mil as of Mar. 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 Southwest Airlines Co (FRA:SWN) Overvalued in 2026?

Based on GuruFocus' analysis, Southwest Airlines Co stock appears to be overvalued. The current stock price of €42.66 is trading 21.4% above its estimated GF Value™ of €35.14. GuruFocus considers Southwest Airlines Co to be Modestly Overvalued.

Key valuation signals for FRA:SWN:

  • Change In Receivables: €-84 Mil
  • GF Value™: €35.14 vs. price of €42.66 (21.4% above fair value)
  • GF Score™: 82/100 with 5 warning signs

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

Southwest Airlines Co Business Description

Address P.O. Box 36611, Dallas, TX, USA, 75235-1611
Southwest Airlines is the largest domestic air carrier in the United States by passengers boarded. Southwest operates nearly 800 aircraft in an all-Boeing 737 fleet. Despite offering some longer routes and a few perks for business travelers, the airline predominantly specializes in short-haul, leisure flights operated with a simple cabin configuration in a point-to-point network. In early 2026, Southwest modified its cabins to offer some rows with extra legroom, its ticketing process and merchandising to offer assigned seats, and more fare categories to include a basic economy class that appears for the first time in travel aggregators' search results and more directly competes with other airlines' offerings.
82GF Score

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

€42.66
Price
€35.14
GF Value