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XTI Aerospace (XTI Aerospace) Change In Receivables : $0.08 Mil (TTM As of Dec. 2023)


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What is XTI Aerospace Change In Receivables?

XTI Aerospace's change in receivables for the quarter that ended in Dec. 2023 was $0.00 Mil. It means XTI Aerospace's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

XTI Aerospace's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.53 Mil. It means XTI Aerospace's Accounts Receivable increased by $0.53 Mil from Dec. 2022 to Dec. 2023 .

XTI Aerospace's Accounts Receivable for the quarter that ended in Dec. 2023 was $0.57 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. XTI Aerospace's liquidation value for the six months ended in Dec. 2023 was $-9.15 Mil.

XTI Aerospace Change In Receivables Historical Data

The historical data trend for XTI Aerospace'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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XTI Aerospace Change In Receivables Chart

XTI Aerospace Annual Data
Trend Dec21 Dec22 Dec23
Change In Receivables
-0.25 -0.12 -0.53

XTI Aerospace Semi-Annual Data
Dec21 Dec22 Dec23
Change In Receivables -0.25 0.08 -

XTI Aerospace 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. 2023 was $0.08 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.

XTI Aerospace  (NAS:XTIA) 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.

XTI Aerospace's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.568/0*91
=

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

XTI Aerospace'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)
=6.254-17.04+0.75 * 0.568+0.5 * 2.415
=-9.15

* 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.

XTI Aerospace Change In Receivables Related Terms

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XTI Aerospace (XTI Aerospace) Business Description

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Address
7625 South Peoria Street, Suite D11, Englewood, CO, USA, 80112
Website
https://www.xtiaircraft.com
XTI Aerospace Inc is a development-stage aircraft manufacturer. XTI is developing a vertical takeoff and landing (VTOL) aircraft, the TriFan 600, which is a design-stage six-passenger aircraft that it anticipates will provide point-to-point air travel over distances of up to 700 miles while significantly reducing carbon emissions per mile compared to today's gasoline-powered jet aircraft and helicopters. The TriFan 600 is expected to have a wide usage ranging from private and commercial aviation services for businesses and high-net-worth individuals to emergency medical services (EMS).

XTI Aerospace (XTI Aerospace) Headlines

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