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Skymark Airlines (TSE:9204) Accounts Receivable : 円3,786 Mil (As of Dec. 2023)


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What is Skymark Airlines Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Skymark Airlines's accounts receivables for the quarter that ended in Dec. 2023 was 円3,786 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Skymark Airlines's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 13.20.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Skymark Airlines's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was 円-821.31.


Skymark Airlines Accounts Receivable Historical Data

The historical data trend for Skymark Airlines'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.

Skymark Airlines Accounts Receivable Chart

Skymark Airlines Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,096.00 3,216.00 3,480.00 5,062.00 5,752.00

Skymark Airlines Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Mar21 Mar22 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 5,062.00 5,538.00 6,012.00 3,786.00 5,752.00

Skymark Airlines Accounts Receivable Calculation

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


Skymark Airlines 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3786/26175*91
=13.20

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

Skymark Airlines's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(25867+0.75 * 3786+0.5 * 25-78268
-0-0)/60.3294
=-821.31

* 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.


Skymark Airlines Accounts Receivable Related Terms

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Skymark Airlines (TSE:9204) Business Description

Traded in Other Exchanges
N/A
Address
1-5-5 Haneda Airport, Ota-ku, Tokyo,, JPN, 144-00414
Skymark Airlines Inc is engaged in regular air transportation service business.

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