Blade Air Mobility (Blade Air Mobility) Change In Receivables : $-7.3 Mil (TTM As of Mar. 2024)

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What is Blade Air Mobility Change In Receivables?

Blade Air Mobility's change in receivables for the quarter that ended in Mar. 2024 was $-2.6 Mil. It means Blade Air Mobility's Accounts Receivable increased by $2.6 Mil from Dec. 2023 to Mar. 2024 .

Blade Air Mobility's change in receivables for the fiscal year that ended in Dec. 2023 was $-10.3 Mil. It means Blade Air Mobility's Accounts Receivable increased by $10.3 Mil from Dec. 2022 to Dec. 2023 .

Blade Air Mobility's Accounts Receivable for the quarter that ended in Mar. 2024 was $23.6 Mil.

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 Receivable are being managed. Blade Air Mobility's Days Sales Outstanding for the three months ended in Mar. 2024 was 41.72.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Blade Air Mobility's liquidation value for the three months ended in Mar. 2024 was $122.5 Mil.

Blade Air Mobility Change In Receivables Historical Data

The historical data trend for Blade Air Mobility's Change In Receivables 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.

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Blade Air Mobility Change In Receivables Chart

Blade Air Mobility Annual Data

Trend

Sep19

Sep20

Sep21

Dec22

Dec23

Change In Receivables

-0.17

-0.59

-0.41

-5.35

-10.25

Blade Air Mobility Quarterly Data
	Sep19	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial										-5.59	-6.05	1.25	0.13	-2.61

Blade Air Mobility Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7.3 Mil.

Blade Air Mobility (NAS:BLDE) Change In Receivables 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 Receivable are being managed.

Blade Air Mobility's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	23.55	/	51.514	*	91
=	41.72

2. In Ben Graham's calculation of liquidation value, Blade Air Mobility's accounts receivable are only considered to be worth 75% of book value:

Blade Air Mobility's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	150.973	-	46.183	+	0.75 * 23.55	+	0.5 * 0
=	122.5

Blade Air Mobility Change In Receivables Related Terms

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Blade Air Mobility (Blade Air Mobility) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Blade Air Mobility Inc (NAS:BLDE) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Hudson Yards, 14th Floor, New York, NY, USA, 10016

Website

https://www.blade.com

Blade Air Mobility Inc is a technology-powered air mobility platform that provides consumers with a cost-effective and time-efficient alternative to ground transportation for congested routes. The company's Passenger reporting segment arranges charter and by-the-seat flights using helicopters, jets, turboprops, and amphibious seaplanes operating in various locations throughout the United States and abroad. The company's Medical reporting segment includes air medical transporters of human organs in the United States, providing end-to-end logistics for transplant centers and organ procurement organizations utilizing helicopters, jets, turboprops and ground vehicles.

Executives

Seth J Bacon	officer: CEO, Trinity Air Medical	C/O BLADE AIR MOBILITY, INC., 55 HUDSON YARDS, 14TH FLOOR, NEW YORK NY 10001
Robert S Wiesenthal	director, officer: Chief Executive Officer	C/O SONY CORP OF AMERICA, 550 MADISON AVE, NEW YORK NY 10022
William A. Heyburn	officer: Chief Financial Officer	C/O BLADE AIR MOBILITY, INC., 31 HUDSON YARDS, 11TH FLOOR, NEW YORK NY 10001
Melissa M. Tomkiel	officer: President and General Counsel	C/O BLADE AIR MOBILITY, INC., 31 HUDSON YARDS, 11TH FLOOR, NEW YORK NY 10001
Amir Cohen	officer: Chief Accounting Officer	C/O BLADE AIR MOBILITY, INC., 31 HUDSON YARDS, 11TH FLOOR, NEW YORK NY 10001
Reginald Love	director	C/O BRIGHTSPHERE INC., 200 CLARENDON STREET, BOSTON MA 02116
Eric Affeldt	director	ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
John Borthwick	director	C/O BLADE AIR MOBILITY, INC., 55 HUDSON YARDS, 14TH FLOOR, NEW YORK NY 10001
Andrew Lauck	director	667 MADISON AVE, 16TH FLOOR, NEW YORK NY 10065
Brandon A. Keene	officer: Chief Technology Officer	C/O BLADE AIR MOBILITY, INC., 31 HUDSON YARDS, 11TH FLOOR, NEW YORK NY 10001
Anatoli Arkhipenko	officer: Chief Technology Officer	145 PARK PL, APT 5G, BROOKLYN NY 11217
Kenneth B Lerer	director
Edward M Philip	director	C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Susan M Lyne	director	11 WEST 42ND STREET, NEW YORK NY 10036
Jane C Garvey	director	P.O. BOX 66100 - HDQLD, CHICAGO IL 60666