GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » TransDigm Group Inc (BSP:T1DG34) » Definitions » Accounts Receivable

TransDigm Group (BSP:T1DG34) Accounts Receivable : R$5,981 Mil (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is TransDigm Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. TransDigm Group's accounts receivables for the quarter that ended in Mar. 2024 was R$5,981 Mil.

Accounts receivable can be measured by Days Sales Outstanding. TransDigm Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 57.11.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. TransDigm Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was R$-33.01.


TransDigm Group Accounts Receivable Historical Data

The historical data trend for TransDigm 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.

TransDigm Group Accounts Receivable Chart

TransDigm Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,399.63 3,888.00 4,175.69 5,070.56 6,074.60

TransDigm 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 5,302.36 5,625.44 6,074.60 - 5,980.74

TransDigm Group Accounts Receivable Calculation

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


TransDigm 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.

TransDigm 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
=5980.74/9556.236*91
=57.11

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

TransDigm 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)
=(21353.382+0.75 * 5980.74+0.5 * 8729.589-122498.1
-0-34.859)/2796.69
=-33.01

* 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.


TransDigm Group Accounts Receivable Related Terms

Thank you for viewing the detailed overview of TransDigm Group's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


TransDigm Group (BSP:T1DG34) Business Description

Traded in Other Exchanges
Address
1301 East 9th Street, Suite 3000, Cleveland, OH, USA, 44114
TransDigm manufactures and services a diverse set of components and parts for commercial and military aircraft. The firm organizes itself in three segments: a power and control segment, airframes, and a small nonaviation segment, which serves mostly off-road vehicles and mining equipment. It operates as an acquisitive holding company that focuses its portfolio on firms that make proprietary products with substantial aftermarket demand. TransDigm regularly employs financial leverage to amplify its operating results.

TransDigm Group (BSP:T1DG34) Headlines

No Headlines