GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » ACE Aviation Holdings Inc (TSXV:ACE.H) » Definitions » Accounts Receivable

ACE Aviation Holdings (TSXV:ACE.H) Accounts Receivable : C$0.00 Mil (As of Sep. 2023)


View and export this data going back to 2012. Start your Free Trial

What is ACE Aviation Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. ACE Aviation Holdings's accounts receivables for the quarter that ended in Sep. 2023 was C$0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. ACE Aviation Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was C$0.19.


ACE Aviation Holdings Accounts Receivable Historical Data

The historical data trend for ACE Aviation Holdings'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.

ACE Aviation Holdings Accounts Receivable Chart

ACE Aviation Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec18 Dec19 Dec20 Dec21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

ACE Aviation Holdings Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Dec14 Dec18 Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23
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 - - - - -

ACE Aviation Holdings Accounts Receivable Calculation

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


ACE Aviation Holdings 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.

ACE Aviation Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

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

ACE Aviation Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(6.045+0.75 * 0+0.5 * 0-0.019
-0-0)/32.475
=0.19

* 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.


ACE Aviation Holdings Accounts Receivable Related Terms

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


ACE Aviation Holdings (TSXV:ACE.H) Business Description

Traded in Other Exchanges
N/A
Address
1155 Rene-Levesque Boulevard West, 40th Floor, Montreal, QC, CAN, H3B 3V2
ACE Aviation Holdings Inc is an investment holding company that currently holds shares and warrants of Air Canada. It has shed its other businesses and is actively considering new investments or returning cash to shareholders.

ACE Aviation Holdings (TSXV:ACE.H) Headlines

No Headlines