Bristow Group (FRA:ERG1) Change In Receivables : €-36 Mil (TTM As of Mar. 2024)

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What is Bristow Group Change In Receivables?

Bristow Group's change in receivables for the quarter that ended in Mar. 2024 was €-5 Mil. It means Bristow Group's Accounts Receivable increased by €5 Mil from Dec. 2023 to Mar. 2024 .

Bristow Group's change in receivables for the fiscal year that ended in Dec. 2023 was €-25 Mil. It means Bristow Group's Accounts Receivable increased by €25 Mil from Mar. 2022 to Dec. 2023 .

Bristow Group's Accounts Receivable for the quarter that ended in Mar. 2024 was €216 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. Bristow Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 63.59.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Bristow Group's liquidation value for the three months ended in Mar. 2024 was €-669 Mil.

Bristow Group Change In Receivables Historical Data

The historical data trend for Bristow Group'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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Bristow Group Change In Receivables Chart

Bristow Group Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Dec23

Change In Receivables

16.99

33.48

9.61

-24.78

Bristow Group Quarterly Data
	Mar19	Jun19	Sep19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial														6.60	-0.58	-19.57	-11.54	-4.62

Bristow Group 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 €-36 Mil.

Bristow Group (FRA:ERG1) 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.

Bristow 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
=	216.121	/	310.126	*	91
=	63.59

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

Bristow Group'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)
=	129.38	-	1007.921	+	0.75 * 216.121	+	0.5 * 94.169
=	-669

Bristow Group Change In Receivables Related Terms

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Bristow Group (FRA:ERG1) Business Description

Industry

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VTOL:USA

Address

3151 Briarpark Drive, 7th Floor, Suite 700, Houston, TX, USA, 77042

Website

https://www.bristowgroup.com

Bristow Group Inc is the provider of vertical flight solutions. It provides aviation services to a broad base of major integrated, national and independent energy companies. The company provides commercial search and rescue (SAR) services in multiple countries and public sector SAR services in the United Kingdom on behalf of the Maritime & Coastguard Agency (MCA). Additionally, it offers fixed wing transportation and other aviation related solutions. Its oil and gas customers charter its helicopters to transport personnel to, from and between onshore bases and offshore production platforms, drilling rigs and other installations. It has customers in Australia, Brazil, Canada, Chile, Colombia, Guyana, India, Mexico, Nigeria, Norway, Spain, Suriname, Trinidad, the U.K and the United States.

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