Aeroflot Russian Airlines PJSC (MIC:AFLT) Receivables Turnover: 1.77 (As of Dec. 2023)

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MIC:AFLT Aeroflot Russian Airlines PJSC MIC:AFLT
17 GF Score
Price ₽32.42
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What is Aeroflot Russian Airlines PJSC Receivables Turnover?

Aeroflot Russian Airlines PJSC MIC:AFLT -0.52% 17 Receivables Turnover is 1.77 as of Dec. 2023. GuruFocus rates MIC:AFLT with a GF Score™ of 17/100.

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Aeroflot Russian Airlines PJSC's Revenue for the three months ended in Dec. 2023 was ₽171,090 Mil. Aeroflot Russian Airlines PJSC's average Accounts Receivable for the three months ended in Dec. 2023 was ₽96,392 Mil. Hence, Aeroflot Russian Airlines PJSC's Receivables Turnover for the three months ended in Dec. 2023 was 1.77.


Aeroflot Russian Airlines PJSC  (MIC:AFLT) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Aeroflot Russian Airlines PJSC Receivables Turnover Related Terms


Aeroflot Russian Airlines PJSC Receivables Turnover Historical Data

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The historical data trend for Aeroflot Russian Airlines PJSC's Receivables Turnover 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.

Aeroflot Russian Airlines PJSC Receivables Turnover Chart

Aeroflot Russian Airlines PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.07 11.47 23.46 9.09 8.22

Aeroflot Russian Airlines PJSC Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 1.49 1.79 1.89 1.77

MIC:AFLT vs DAL, UAL, LUV: Receivables Turnover Comparison

For the Airlines subindustry, Aeroflot Russian Airlines PJSC's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Aeroflot Russian Airlines PJSC Receivables Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, Aeroflot Russian Airlines PJSC's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Aeroflot Russian Airlines PJSC's Receivables Turnover falls into.


MIC:AFLT
17GF Score
Aeroflot Russian Airlines PJSC MIC:AFLT
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Aeroflot Russian Airlines PJSC Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Aeroflot Russian Airlines PJSC's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=612194 / ((66620 + 82262) / 2 )
=612194 / 74441
=8.22

Aeroflot Russian Airlines PJSC's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=171090 / ((110522 + 82262) / 2 )
=171090 / 96392
=1.77

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 1.77 mean?
Aeroflot Russian Airlines PJSC (MIC:AFLT) has a Receivables Turnover of 1.77 as of Dec. 2023. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Aeroflot Russian Airlines PJSC and its competitors.
Is Aeroflot Russian Airlines PJSC's Receivables Turnover too high?
Aeroflot Russian Airlines PJSC's current Receivables Turnover is 1.77. The Transportation industry median Receivables Turnover is 7.73. Aeroflot Russian Airlines PJSC's value of 1.77 is 77.1% below this industry median. Overall, Aeroflot Russian Airlines PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Aeroflot Russian Airlines PJSC's Receivables Turnover compare to DAL and UAL?
Aeroflot Russian Airlines PJSC's Receivables Turnover of 1.77 can be compared against companies in the Transportation industry. The industry median Receivables Turnover is 7.73. Aeroflot Russian Airlines PJSC's value of 1.77 is 77.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Transportation company?
The median Receivables Turnover among Transportation companies is 7.73, based on 999 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aeroflot Russian Airlines PJSC's current Receivables Turnover of 1.77 is 77.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Aeroflot Russian Airlines PJSC and its competitors. For the Transportation industry, the median Receivables Turnover is 7.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aeroflot Russian Airlines PJSC's current Receivables Turnover is 1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aeroflot Russian Airlines PJSC stock overvalued right now?
Aeroflot Russian Airlines PJSC (MIC:AFLT) has a current Receivables Turnover of 1.77. The current Receivables Turnover is 1.77 and 77.1% below the Transportation industry median of 7.73. Aeroflot Russian Airlines PJSC's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Aeroflot Russian Airlines PJSC (MIC:AFLT), the current Receivables Turnover is 1.77 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Aeroflot Russian Airlines PJSC Business Description

Address 1, Arbat Street, Moscow, RUS, 119019
Aeroflot Russian Airlines PJSC is Russia's airline group, and accounts for approximately one third of Russia's air-travel market. It provides scheduled and chartered flights. Passengers may buy tickets through websites, online booking systems, sales offices, and authorized agents. Domestic routes throughout Russia comprise the majority of total passengers. Additionally, it provides international routes to many different regions. The company's lone operating segment is Air Transportation. Outside of Russia, Europe books the next-highest number of passengers at around one fifth the total amount. The Russian Federation owns roughly half of the company.
17GF Score

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