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American Airlines Group (American Airlines Group) Accounts Receivable : $2,070 Mil (As of Mar. 2024)


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What is American Airlines Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. American Airlines Group's accounts receivables for the quarter that ended in Mar. 2024 was $2,070 Mil.

Accounts receivable can be measured by Days Sales Outstanding. American Airlines Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 15.03.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. American Airlines Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-89.63.


American Airlines Group Accounts Receivable Historical Data

The historical data trend for American Airlines Group's Accounts Receivable 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.

American Airlines Group Accounts Receivable Chart

American Airlines Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,750.00 1,342.00 1,505.00 2,138.00 2,026.00

American Airlines Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable 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 1,989.00 2,073.00 2,021.00 2,026.00 2,070.00

American Airlines Group Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


American Airlines Group Accounts Receivable 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 receivables are being managed.

American Airlines Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2070/12570*91
=15.03

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), American Airlines Group's accounts receivable are only considered to be worth 75% of book value:

American Airlines Group's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(8300+0.75 * 2070+0.5 * 2500-69884
-0-0)/655.847
=-89.63

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


American Airlines Group Accounts Receivable Related Terms

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American Airlines Group (American Airlines Group) Business Description

Address
1 Skyview Drive, Fort Worth, TX, USA, 76155
American Airlines is the world's largest airline by aircraft, capacity, and scheduled revenue passenger miles. Its major U.S. hubs are Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. It generates over 30% of U.S. airline revenue connecting Latin America with destinations in the United States. After completing a major fleet renewal, the company has the youngest fleet of U.S. legacy carriers.
Executives
Vasu Raja officer: SVP, Chief Commercial Officer C/O AMERICAN AIRLINES GROUP INC., 1 SKYVIEW DRIVE, FORT WORTH TX 76155
Douglas M Steenland director 2700 LONE OAK PARKWAY, EAGAN MN 55121
Angela Owens officer: VP Corporate Controller C/O AMERICAN AIRLINES GROUP INC., 1 SKYVIEW DRIVE, FORT WORTH TX 76155
David Seymour officer: SVP Chief Operating Officer C/O AMERICAN AIRLINES GROUP INC., 1 SKYVIEW DRIVE, FORT WORTH TX 76155
Devon E May officer: EVP Chief Financial Officer C/O AMERICAN AIRLINES GROUP INC., 1 SKYVIEW DRIVE, FORT WORTH TX 76155
Vicente Reynal director C/O INGERSOLL RAND INC., 525 HARBOUR PLACE DRIVE, SUITE 600, DAVIDSON NC 28036
Priya Aiyar officer: See remarks C/O AMERICAN AIRLINES GROUP INC., 1 SKYVIEW DRIVE, FORT WORTH TX 76155
Gregory D Smith director 100 N RIVERSIDE PLAZA, M/C 3005-1001, CHICAGO IL 60606-1596
Adriane M Brown director 3150 139TH AVENUE S.E., BELLEVUE WA 98040
John T Cahill director LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Michael J Embler director C/O NMI HOLDINGS, INC., 2100 POWELL STREET, EMERYVILLE CA 94608
James F Albaugh director C/O THE BOEING COMPANY, 100 NORTH RIVERSIDE PLAZA, CHICAGO IL 60606
Isom Robert D Jr officer: See Remarks 1689 NONCONNAH BLVD, SUITE 111, MEMPHIS TN 38132
Ray M Robinson director 1170 PEACHTREE STREET NE, SUITE 2300, ATLANTA GA 30309
Maya Leibman officer: EVP Chief Information Officer 4333 AMON CARTER BLVD, FORT WORTH TX 76155