AgEagle Aerial Systems (AgEagle Aerial Systems) Change In Receivables : $1.58 Mil (TTM As of Mar. 2024)

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What is AgEagle Aerial Systems Change In Receivables?

AgEagle Aerial Systems's change in receivables for the quarter that ended in Mar. 2024 was $0.68 Mil. It means AgEagle Aerial Systems's Accounts Receivable declined by $0.68 Mil from Dec. 2023 to Mar. 2024 .

AgEagle Aerial Systems's change in receivables for the fiscal year that ended in Dec. 2023 was $0.22 Mil. It means AgEagle Aerial Systems's Accounts Receivable declined by $0.22 Mil from Dec. 2022 to Dec. 2023 .

AgEagle Aerial Systems's Accounts Receivable for the quarter that ended in Mar. 2024 was $1.35 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. AgEagle Aerial Systems's Days Sales Outstanding for the three months ended in Mar. 2024 was 31.66.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. AgEagle Aerial Systems's liquidation value for the three months ended in Mar. 2024 was $-9.11 Mil.

AgEagle Aerial Systems Change In Receivables Historical Data

The historical data trend for AgEagle Aerial Systems'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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AgEagle Aerial Systems Change In Receivables Chart

AgEagle Aerial Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.07

0.07

0.51

0.64

0.22

AgEagle Aerial Systems 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															-0.69	0.82	0.09	-	0.68

AgEagle Aerial Systems 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 $1.58 Mil.

AgEagle Aerial Systems (AMEX:UAVS) 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.

AgEagle Aerial Systems's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.351	/	3.894	*	91
=	31.66

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

AgEagle Aerial Systems'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)
=	0.823	-	14.168	+	0.75 * 1.351	+	0.5 * 6.438
=	-9.11

AgEagle Aerial Systems Change In Receivables Related Terms

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AgEagle Aerial Systems (AgEagle Aerial Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AgEagle Aerial Systems Inc (AMEX:UAVS) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

29ZA:Germany

Address

8863 East. 34th Street North, Wichita, KS, USA, 67226

Website

https://www.ageagle.com

AgEagle Aerial Systems Inc is a provider of drone imagery data analytics for the precision and sustainable agriculture markets. It designs, produces, distributes, and supports technologically- advanced small unmanned aerial systems (UAVs) that it offers for sale commercially to the precision agriculture industry. Its segments include Drones, Sensors and Software-as-a-Service (SaaS). The company's majority revenue is derived primarily through the sales of drones and drone-related products.

Executives

Barrett Mooney	director, officer: Chairman and CEO	C/O AGEAGLE AERIAL SYSTEMS, INC., 8863 E. 34TH STREET NORTH, WICHITA KS 67226
Nicole M. Fernandez-mcgovern	officer: Chief Financial Officer	C/O AGEAGLE AERIAL SYSTEMS INC., 8863 E. 34TH STREET NORTH, WICHITA KS 67226
Kelly Anderson	director	C/O TOMI ENVIRONMENTAL SOLUTIONS, INC., 9454 WILSHIRE BLVD., R-1, BEVERLY HILLS CA 90212
Grant A Begley	director	420 ROYAL PALM WAY, SUITE 100, PALM BEACH FL 33480
Thomas J Gardner	director	C/O AGEAGLE AERIAL SYSTEMS, INC., 117 SOUTH 4TH STREET, NEODESHA KS 66757
Michael D O'sullivan	officer: Chief Commercial Officer	C/O AGEAGLE AERIAL SYSTEMS, INC., 8863 E. 34TH STREET NORTH, WICHITA KS 67226
Luisa Ingargiola	director	4826 BLUE JAY CIRCLE, PALM HARBOR FL 34683
Bret Chilcott	director, officer: CEO, President, Secretary	C/O AGEAGLE AERIAL SYSTEMS, INC., 117 SOUTH 4TH STREET, NEODESHA KS 66757
Michael Drozd	officer: Chief Executive Officer	117 S. 4TH STREET, NEODESHA KS 66757
Kull Corbett	director	C/O AGEAGLE AERIAL SYSTEMS, INC., 117 SOUTH 4 STREET, NEODESHA KS 66757
Louis G Schott	officer: Chief Financial Officer	4040 BROADWAY, SUITE 508, SAN ANTONIO TX 78209
Scott R Burell	director	6500 HARBOUR HEIGHTS PKWY #303, MUKILTEO WA 98275
Lindsay Katrina Edwards	director	C/O AGEAGLE AERIAL SYSTEMS, INC., 117 SOUTH 4TH STREET, NEODESHA KS 66757
Kent Roach	officer: Executive Vice President	4040 BROADWAY, SUITE 508, SAN ANTONIO TX 78209
David L Kunovic	officer: Vice President of Exploration	4040 BROADWAY, SUITE 508, SAN ANTONIO TX 78209