KLMR (KLM Royal Dutch Airlines) Change In Receivables: $20 Mil (TTM As of Dec. 2018)

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What is KLM Royal Dutch Airlines Change In Receivables?

KLM Royal Dutch Airlines KLMR +25.00% Change In Receivables is $20 Mil as of Dec. 2018.

KLM Royal Dutch Airlines's change in receivables for the quarter that ended in Dec. 2018 was $20 Mil. It means KLM Royal Dutch Airlines's Accounts Receivable declined by $20 Mil from Dec. 2017 to Dec. 2018 .

KLM Royal Dutch Airlines's change in receivables for the fiscal year that ended in Dec. 2018 was $20 Mil. It means KLM Royal Dutch Airlines's Accounts Receivable declined by $20 Mil from Dec. 2017 to Dec. 2018 .

KLM Royal Dutch Airlines's Accounts Receivable for the quarter that ended in Dec. 2018 was $677 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. KLM Royal Dutch Airlines's Days Sales Outstanding for the six months ended in Dec. 2018 was 9.91.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. KLM Royal Dutch Airlines's liquidation value for the six months ended in Dec. 2018 was $-9,851 Mil.


KLM Royal Dutch Airlines  (OTCPK:KLMR) 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.

KLM Royal Dutch Airlines's Days Sales Outstanding for the quarter that ended in Dec. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=676.906/12463.026*91
=9.91

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

KLM Royal Dutch Airlines's liquidation value for the quarter that ended in Dec. 2018 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1002.275-11494.881+0.75 * 676.906+0.5 * 267.349
=-9,851

* 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.


KLM Royal Dutch Airlines Change In Receivables Related Terms


KLM Royal Dutch Airlines Change In Receivables Historical Data

* Premium members only.

The historical data trend for KLM Royal Dutch Airlines'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.

KLM Royal Dutch Airlines Change In Receivables Chart

KLM Royal Dutch Airlines Annual Data
Trend Mar04 Mar05 Mar06 Mar07 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.56 26.14 -103.38 -189.35 20.48

KLM Royal Dutch Airlines Semi-Annual Data
Mar94 Mar95 Mar96 Mar97 Mar98 Mar99 Mar00 Mar01 Mar02 Mar03 Mar04 Mar05 Mar06 Mar07 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
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 -13.56 26.14 -103.38 -189.35 20.48

KLM Royal Dutch Airlines 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2018 was $20 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 $20 Mil mean?
KLM Royal Dutch Airlines (KLMR) has a Change In Receivables of $20 Mil as of Dec. 2018. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for KLM Royal Dutch Airlines and its competitors.
Is KLM Royal Dutch Airlines' Change In Receivables too high?
KLM Royal Dutch Airlines' current Change In Receivables is $20 Mil.
How does KLM Royal Dutch Airlines' Change In Receivables compare to ?
KLM Royal Dutch Airlines' Change In Receivables of $20 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 KLM Royal Dutch Airlines and its competitors. KLM Royal Dutch Airlines's current Change In Receivables is $20 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KLM Royal Dutch Airlines stock overvalued right now?
KLM Royal Dutch Airlines (KLMR) has a current Change In Receivables of $20 Mil. The current Change In Receivables is $20 Mil. 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 KLM Royal Dutch Airlines (KLMR), the current Change In Receivables is $20 Mil as of Dec. 2018. 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.

KLM Royal Dutch Airlines Business Description

Comparable Companies
Address Amsterdamseweg 55, Amstelveen, NH, NLD, 1182 GP
KLM Royal Dutch Airlines is engaged in network activities, which include air transport of passengers and cargo activities, aircraft maintenance, leisure, and other activities linked to air transport. Its segments are: Network, which generates maximum revenue and includes transportation of passengers on scheduled flights, ancillary passenger revenues, SkyTeam alliance partnership arrangements, block-seat sales, transportation of freight, and sale of cargo capacity to third parties; Maintenance, which provides engine services, component services, and airframe maintenance to airlines and clients internationally; Leisure, which covers charter flights and low-cost scheduled flights operated by transavia.com; and Other segment. It generates maximum revenue from Europe and North Africa.