Air China (LSE:AIRC) Change In Receivables : £0 Mil (TTM As of Mar. 2024)

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What is Air China Change In Receivables?

Air China's change in receivables for the quarter that ended in Mar. 2024 was £0 Mil. It means Air China's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Air China's change in receivables for the fiscal year that ended in Dec. 2023 was £-585 Mil. It means Air China's Accounts Receivable increased by £585 Mil from Dec. 2022 to Dec. 2023 .

Air China's Accounts Receivable for the quarter that ended in Mar. 2024 was £474 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 China's Days Sales Outstanding for the three months ended in Mar. 2024 was 9.87.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Air China's liquidation value for the three months ended in Mar. 2024 was £-30,410 Mil.

Air China Change In Receivables Historical Data

The historical data trend for Air China'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 China Change In Receivables Chart

Air China Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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31.12

468.56

-94.08

340.83

-584.65

Air China 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															-	-	-	-	-

Air China 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 £0 Mil.

Air China (LSE:AIRC) 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 China's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	473.527	/	4378.496	*	91
=	9.87

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

Air China'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)
=	2455.55	-	33470.786	+	0.75 * 473.527	+	0.5 * 500.606
=	-30,410

Air China Change In Receivables Related Terms

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Air China (LSE:AIRC) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air China Ltd (LSE:AIRC) » Definitions » Change In Receivables

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AIRYY:USA AICAF:USA 00753:Hong Kong AD2:Germany AD2:Germany 601111:China AD2:Austria

Address

30 Tianzhu Road, Airport Industrial Zone, Blue Sky Mansion, Shunyi District, Beijing, CHN, 101312

Website

http://www.airchina.com.cn

Air China is based in Beijing. It is one of the largest state-owned airlines and the flag carrier in China. The group operated a fleet of 762 aircraft as of 2022 and carried more than 115 million passengers in prepandemic 2019. It runs a spoke-and-hub model under which it gathers and distributes passengers from air hubs such as Beijing, Chengdu, and Shanghai. The group's route network extends to over 187 destinations and 43 countries and regions.