Korean Air Lines Co (XKRX:003490) Change In Receivables : ₩-156,958 Mil (TTM As of Mar. 2024)

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What is Korean Air Lines Co Change In Receivables?

Korean Air Lines Co's change in receivables for the quarter that ended in Mar. 2024 was ₩-141,438 Mil. It means Korean Air Lines Co's Accounts Receivable increased by ₩141,438 Mil from Dec. 2023 to Mar. 2024 .

Korean Air Lines Co's change in receivables for the fiscal year that ended in Dec. 2023 was ₩-50,010 Mil. It means Korean Air Lines Co's Accounts Receivable increased by ₩50,010 Mil from Dec. 2022 to Dec. 2023 .

Korean Air Lines Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ₩977,871 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. Korean Air Lines Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 20.79.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Korean Air Lines Co's liquidation value for the three months ended in Mar. 2024 was ₩-13,654,375 Mil.

Korean Air Lines Co Change In Receivables Historical Data

The historical data trend for Korean Air Lines Co'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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Korean Air Lines Co Change In Receivables Chart

Korean Air Lines Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-57,442.58

102,009.70

-255,716.32

91,727.73

-50,009.89

Korean Air Lines Co 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															-34,489.93	40,395.88	-82,529.60	26,613.76	-141,438.50

Korean Air Lines Co 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 ₩-156,958 Mil.

Korean Air Lines Co (XKRX:003490) 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.

Korean Air Lines Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	977870.843	/	4291444.813	*	91
=	20.79

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

Korean Air Lines Co'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)
=	6487342.064	-	21306865.631	+	0.75 * 977870.843	+	0.5 * 863491.56
=	-13,654,375

Korean Air Lines Co Change In Receivables Related Terms

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Korean Air Lines Co (XKRX:003490) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Korean Air Lines Co Ltd (XKRX:003490) » Definitions » Change In Receivables

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003495:Korea

Address

260 Haneul-gil, Gangseo-gu, Seoul, KOR

Website

http://www.koreanair.com

Korean Air Lines Co Ltd is an airline operator with a global reach. The company has four operating segments: Air transport (majority of total revenues), Aerospace (maintenance and repairs), In-flight meals, and Hotel/limousine and others. Passenger tickets can be bought on the company's website or at the airport counter. Multiple options related to passenger class or cabin experience, baggage fees, and other services are offered to customers. Revenues derived from Republic of Korea account for approximately one-fourth of total revenues, with the remainder coming from international operations. The company has created an alliance with global carriers to help connect flights, and give passengers better options to travel.

Korean Air Lines Co (XKRX:003490) Headlines

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