Global Crossing Airlines Group (NEOE:JET.B) Change In Receivables : C$-4.5 Mil (TTM As of Mar. 2025)

View and export this data going back to 2021. Start your Free Trial

What is Global Crossing Airlines Group Change In Receivables?

Global Crossing Airlines Group's change in receivables for the quarter that ended in Mar. 2025 was C$-3.1 Mil. It means Global Crossing Airlines Group's Accounts Receivable increased by C$3.1 Mil from Dec. 2024 to Mar. 2025 .

Global Crossing Airlines Group's change in receivables for the fiscal year that ended in Dec. 2024 was C$4.6 Mil. It means Global Crossing Airlines Group's Accounts Receivable declined by C$4.6 Mil from Dec. 2023 to Dec. 2024 .

Global Crossing Airlines Group's Accounts Receivable for the quarter that ended in Mar. 2025 was C$12.8 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. Global Crossing Airlines Group's Days Sales Outstanding for the three months ended in Mar. 2025 was 12.18.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Global Crossing Airlines Group's liquidation value for the three months ended in Mar. 2025 was C$-258.1 Mil.

Global Crossing Airlines Group Change In Receivables Historical Data

The historical data trend for Global Crossing Airlines Group'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.

Global Crossing Airlines Group Change In Receivables Chart

Global Crossing Airlines Group Annual Data

Trend

Apr15

Apr16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

Get a 7-Day Free Trial

-0.96

-2.65

-10.39

4.62

Global Crossing Airlines Group Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Change In Receivables	Get a 7-Day Free Trial															5.75	-1.25	0.10	-0.25	-3.15

Global Crossing Airlines Group 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-4.5 Mil.

Global Crossing Airlines Group (NEOE:JET.B) 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.

Global Crossing Airlines Group's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	12.767	/	95.612	*	91
=	12.18

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

Global Crossing Airlines Group's liquidation value for the quarter that ended in Mar. 2025 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	10.464	-	278.1	+	0.75 * 12.767	+	0.5 * 0
=	-258.1

Global Crossing Airlines Group Change In Receivables Related Terms

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

Global Crossing Airlines Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Global Crossing Airlines Group Inc (NEOE:JET.B) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

JETBF:USA JETMF:USA EZ70:Germany JET:Canada

Address

4200 NW 36th Street, Building 5A, Miami International Airport, Miami, FL, USA, 33166

Website

https://www.globalairlinesgroup.com

Global Crossing Airlines Group Inc operates a U.S. Part 121 domestic flag and supplemental airline using the Airbus A320 family of aircraft (A320). Its business model is to provide services on an Aircraft, Crew, Maintenance and Insurance (ACMI) using wet lease contracts to airlines and non-airlines, and on a Full Service (Charter) basis whereby it provides passenger aircraft charter services to customers by charging an all-in fee that includes fuel, insurance, landing fees, navigation fees and other operational fees and costs. The company operates within the United States, Europe, Canada, Central and South America.

Global Crossing Airlines Group Headlines

No Headlines