Spirit AeroSystems Holdings (STU:S9Q) Change In Receivables : €-259 Mil (TTM As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Spirit AeroSystems Holdings Change In Receivables?

Spirit AeroSystems Holdings's change in receivables for the quarter that ended in Mar. 2024 was €-278 Mil. It means Spirit AeroSystems Holdings's Accounts Receivable increased by €278 Mil from Dec. 2023 to Mar. 2024 .

Spirit AeroSystems Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was €-105 Mil. It means Spirit AeroSystems Holdings's Accounts Receivable increased by €105 Mil from Dec. 2022 to Dec. 2023 .

Spirit AeroSystems Holdings's Accounts Receivable for the quarter that ended in Mar. 2024 was €531 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. Spirit AeroSystems Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 30.95.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Spirit AeroSystems Holdings's liquidation value for the three months ended in Mar. 2024 was €-5,699 Mil.

Spirit AeroSystems Holdings Change In Receivables Historical Data

The historical data trend for Spirit AeroSystems Holdings'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.

* Premium members only.

Spirit AeroSystems Holdings Change In Receivables Chart

Spirit AeroSystems Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

6.84

276.60

-17.17

-97.52

-105.09

Spirit AeroSystems Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	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															-129.45	26.58	-123.40	116.37	-278.21

Spirit AeroSystems Holdings 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 €-259 Mil.

Spirit AeroSystems Holdings (STU:S9Q) 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.

Spirit AeroSystems Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	531.3	/	1566.576	*	91
=	30.95

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

Spirit AeroSystems Holdings'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)
=	323.84	-	7248.036	+	0.75 * 531.3	+	0.5 * 1653.7
=	-5,699

Spirit AeroSystems Holdings Change In Receivables Related Terms

Thank you for viewing the detailed overview of Spirit AeroSystems Holdings's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Spirit AeroSystems Holdings (STU:S9Q) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Spirit AeroSystems Holdings Inc (STU:S9Q) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

SPR:USA

Address

3801 South Oliver Street, Wichita, KS, USA, 67210

Website

https://www.spiritaero.com

Spirit AeroSystems manufactures aerostructures, particularly fuselages, cockpits, wing sections, engine pylons, and nacelles for commercial and military aircraft. The company was spun out of Boeing in 2005, and the firm is the largest independent supplier of aerostructures for commercial aircraft. Boeing and Airbus are the firm's primary customers—Boeing represented roughly 60% and Airbus roughly 20% of revenue in recent years. The company is highly exposed to Boeing's 737 program, which accounts for nearly half the company's revenue.

Spirit AeroSystems Holdings (STU:S9Q) Headlines

No Headlines