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Saker Aviation Services's change in receivables for the quarter that ended in Dec. 2023 was $0.02 Mil. It means Saker Aviation Services's Accounts Receivable declined by $0.02 Mil from Sep. 2023 to Dec. 2023 .
Saker Aviation Services's change in receivables for the fiscal year that ended in Dec. 2023 was $0.03 Mil. It means Saker Aviation Services's Accounts Receivable declined by $0.03 Mil from Dec. 2022 to Dec. 2023 .
Saker Aviation Services's Accounts Receivable for the quarter that ended in Dec. 2023 was $0.30 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. Saker Aviation Services's Days Sales Outstanding for the three months ended in Dec. 2023 was 10.69.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Saker Aviation Services's liquidation value for the three months ended in Dec. 2023 was $7.40 Mil.
The historical data trend for Saker Aviation Services'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.
Saker Aviation Services Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Change In Receivables | Get a 7-Day Free Trial | -0.11 | -0.75 | 0.22 | 0.64 | 0.03 |
Saker Aviation Services Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Change In Receivables | Get a 7-Day Free Trial | 0.13 | 0.04 | - | -0.04 | 0.02 |
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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.03 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.
Saker Aviation Services (OTCPK:SKAS) 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.
Saker Aviation Services's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 0.295 | / | 2.519 | * | 91 |
= | 10.69 |
2. In Ben Graham's calculation of liquidation value, Saker Aviation Services's accounts receivable are only considered to be worth 75% of book value:
Saker Aviation Services's liquidation value for the quarter that ended in Dec. 2023 is calculated as:
Liquidation Value | |||||||
= | Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | + | (0.75 * Accounts Receivable) | + | (0.5 * Total Inventories) |
= | 9.475 | - | 2.292 | + | 0.75 * 0.295 | + | 0.5 * 0.001 |
= | 7.40 |
* 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.
Thank you for viewing the detailed overview of Saker Aviation Services's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Roy Moskowitz | director | 20 SOUTH STREET, PIER 6 EAST RIVER, NEW YORK NY 10004 |
Mark N Raab | officer: Acting Principal Fin. Officer | C/O TECHSYS INC, 147 COLUMBIA TURNPIKE SUITE 109, FLORHAM PARK NJ 07932 |
Samuel D. Goldstein | director | 20 SOUTH STREET, PIER 6 EAST RIVER, NEW YORK NY 10004 |
Marc Chodock | director | 110 EAST 25TH STREET, 3RD FLOOR, NEW YORK NY 10010 |
Acm Value Opportunities Fund I Gp, Llc | other: See Footnote (2) | C/O ARVICE CAPITAL MANAGEMENT, LLC, 110 EAST 25TH STREET, 3RD FLOOR, NEW YORK NY 10011 |
Arvice Capital Management, Llc | other: See Footnote (2) | 110 EAST 25TH STREET, 3RD FLOOR, NEW YORK NY 10011 |
Acm Value Opportunities Fund I, Lp | other: See Footnote (2) | C/O ARVICE CAPITAL MANAGEMENT, LLC, 110 EAST 25TH STREET, 3RD FLOOR, NEW YORK NY 10011 |
Ronald J Ricciardi | director, officer: President and CEO | 100 HANGAR ROAD, WILKES-BARRE/SCRANTON INTERNTL. AIRPORT, AVOCA PA 18641 |
Jeffrey B Mendell | director | JBM REALTY, 10 GLENVILLE STREET, GREENWICH CT 06831 |
Donald Hecht | director | 111 WEST 40TH ST, NEW YORK NY 10018 |
Alvin S Trenk | director | 44 ASPEN DRIVE, LIVINGSTON NJ 07039 |
William B Wachtel | director, 10 percent owner | 110 EAST 59TH ST, NEW YORK NY 10022 |
Gary E Hart | officer: COO and Senior VP | 236 SING SING ROAD, ELMIRA-CORNING REGIONAL AIRPORT, HORSEHEADS NY 14845 |
Stephen B Siegel | director | 200 PARK AVE, NEW YORK NY 10166 |
Thomas Iovino | director | C/O JUDLAW CONTRACTING, INC., 26-15 ULMER ST., COLLEGE POINT NY 11354 |
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