Surf Air Mobility (Surf Air Mobility) Change In Receivables : $0.05 Mil (TTM As of Mar. 2024)

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What is Surf Air Mobility Change In Receivables?

Surf Air Mobility's change in receivables for the quarter that ended in Mar. 2024 was $0.26 Mil. It means Surf Air Mobility's Accounts Receivable declined by $0.26 Mil from Dec. 2023 to Mar. 2024 .

Surf Air Mobility's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.26 Mil. It means Surf Air Mobility's Accounts Receivable increased by $0.26 Mil from Dec. 2022 to Dec. 2023 .

Surf Air Mobility's Accounts Receivable for the quarter that ended in Mar. 2024 was $4.71 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. Surf Air Mobility's Days Sales Outstanding for the three months ended in Mar. 2024 was 14.03.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Surf Air Mobility's liquidation value for the three months ended in Mar. 2024 was $-210.28 Mil.

Surf Air Mobility Change In Receivables Historical Data

The historical data trend for Surf 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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Surf Air Mobility Change In Receivables Chart

Surf Air Mobility Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

0.14

0.29

-0.15

-0.26

Surf Air Mobility Quarterly Data
	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial							-0.06	0.15	0.31	-0.66	0.26

Surf 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 $0.05 Mil.

Surf Air Mobility (NYSE:SRFM) 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.

Surf 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
=	4.71	/	30.624	*	91
=	14.03

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

Surf 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)
=	1.278	-	215.087	+	0.75 * 4.71	+	0.5 * 0
=	-210.28

Surf Air Mobility Change In Receivables Related Terms

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Surf Air Mobility (Surf Air Mobility) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Surf Air Mobility Inc (NYSE:SRFM) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

12111 S. Crenshaw Boulevard, Hawthorne, California 90250, Hawthorne, CA, USA, 90250

Website

https://www.surfair.com

Surf Air Mobility Inc provides a regional air mobility platform with scheduled routes and on demand charter flights operated by third-party Part 135 charter operators. It generates revenue through the sale of membership products, non-member single seats, or flight products for both scheduled and on-demand flights.

Executives

Edward A. Mady	director	12111 S. CRENSHAW BLVD., HAWTHORNE CA 90250
Bruce L. Hack	director	6060 CENTER DRIVE, 5TH FLOOR, LOS ANGELES CA 90045
Carl A Albert	director	C/O BOISE INC., 1111 WEST JEFFERSON STREET, SUITE 200, BOISE ID 83702-5388
John J. D'agostino	director	201 E 79TH STREET 6A, NEW YORK CITY NY 10075
Tyler Painter	director	C/O SURF AIR MOBILITY, 12111 S. CRENSHAW BLVD., HAWTHORNE CA 90250
Sudhin Shahani	director	12111 S. CRENSHAW BLVD., HAWTHORNE CA 90250
Deanna Leigh White	officer: Chief Financial Officer	12111 S. CRENSHAW BLVD., HAWTHORNE CA 90250
Tyrone D. Bland	director	12111 S. CRENSHAW BLVD., HAWTHORNE CA 90250
Robert S. Little	director, officer: Chief Executive Officer	12111 S. CRENSHAW BLVD., HAWTHORNE CA 90250