Southwest Airlines Co (LTS:0L8F) Change In Receivables : $-164 Mil (TTM As of Mar. 2024)

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What is Southwest Airlines Co Change In Receivables?

Southwest Airlines Co's change in receivables for the quarter that ended in Mar. 2024 was $-308 Mil. It means Southwest Airlines Co's Accounts Receivable increased by $308 Mil from Dec. 2023 to Mar. 2024 .

Southwest Airlines Co's change in receivables for the fiscal year that ended in Dec. 2023 was $-89 Mil. It means Southwest Airlines Co's Accounts Receivable increased by $89 Mil from Dec. 2022 to Dec. 2023 .

Southwest Airlines Co's Accounts Receivable for the quarter that ended in Mar. 2024 was $338 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. 2024 was 4.87.

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. 2024 was $-14,651 Mil.

Southwest Airlines Co Change In Receivables Historical Data

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.

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Southwest Airlines Co Change In Receivables Chart

Southwest Airlines Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-94.00

-294.00

-701.00

422.00

-89.00

Southwest Airlines Co 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															-232.00	44.00	-216.00	316.00	-308.00

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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-164 Mil.

Southwest Airlines Co (LTS:0L8F) 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. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	338	/	6329	*	91
=	4.87

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. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	10512	-	25822	+	0.75 * 338	+	0.5 * 812
=	-14,651

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Southwest Airlines Co (LTS:0L8F) Business Description

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LUV:USA LUV:Mexico SWN:Germany SWN:Germany S1OU34:Brazil LUV:Austria

Address

P.O. Box 36611, Dallas, TX, USA, 75235-1611

Website

https://www.southwest.com

Southwest Airlines is the largest domestic air carrier in the United States by passengers boarded. Southwest operates over 700 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, using a point-to-point network. Southwest operates a low-cost carrier business model.

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