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Hawaiian Holdings (Hawaiian Holdings) Receivables Turnover : 6.30 (As of Mar. 2024)


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What is Hawaiian Holdings Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Hawaiian Holdings's Revenue for the three months ended in Mar. 2024 was $646 Mil. Hawaiian Holdings's average Accounts Receivable for the three months ended in Mar. 2024 was $102 Mil. Hence, Hawaiian Holdings's Receivables Turnover for the three months ended in Mar. 2024 was 6.30.


Hawaiian Holdings Receivables Turnover Historical Data

The historical data trend for Hawaiian Holdings's Receivables Turnover 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.

Hawaiian Holdings Receivables Turnover Chart

Hawaiian Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.07 10.25 19.91 25.55 24.72

Hawaiian Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.73 7.26 7.57 6.59 6.30

Competitive Comparison of Hawaiian Holdings's Receivables Turnover

For the Airlines subindustry, Hawaiian Holdings's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hawaiian Holdings's Receivables Turnover Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hawaiian Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Hawaiian Holdings's Receivables Turnover falls into.



Hawaiian Holdings Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Hawaiian Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=2716.284 / ((113.862 + 105.858) / 2 )
=2716.284 / 109.86
=24.72

Hawaiian Holdings's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=645.567 / ((105.858 + 99.117) / 2 )
=645.567 / 102.4875
=6.30

* 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.


Hawaiian Holdings  (NAS:HA) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Hawaiian Holdings Receivables Turnover Related Terms

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Hawaiian Holdings (Hawaiian Holdings) Business Description

Traded in Other Exchanges
Address
3375 Koapaka Street, Suite G-350, Honolulu, HI, USA, 96819
Hawaiian Holdings Inc provides air transportation for passengers and cargo. Its primary asset is the sole ownership of Hawaiian Airlines. Routes are principally focused on transportation between the Hawaiian Islands, United States, and the South Pacific, Australia, New Zealand, and Asia. In addition, it operates various charter flights. The company markets through several distribution channels, including its own website, travel agencies, and wholesale distributors. Partnerships have been established with other airlines to accommodate customers, and the company also participates in a frequent-flyer program.
Executives
Aaron J Alter officer: Exec VP & Chief Legal Officer 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
Avi Mannis officer: See Remarks C/O HAWAIIAN HOLDINGS INC, 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
Brent Overbeek officer: EVP. Chief Revenue Officer C/O HAWAIIAN HOLDINGS INC, 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
Crystal Rose director 47-460 WAIHEE PLACE, KANEOHE HI 96744
Daniel W. Akins director C/O HAWAIIAN HOLDINGS INC, 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
Richard N Zwern director 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
Jonathan D. Snook officer: Executive VP and COO 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
William S Swelbar director C/O HAWAIIAN HOLDINGS, INC., 3375 KOAPAKA STREET SUITE G, HONOLULU HI 96819
Wendy A. Beck director C/O NORWEGIAN CRUISE LINE HOLDINGS LTD., 7665 CORPORATE CENTER DRIVE, MIAMI FL 33126
Craig Vosburg director 2000 PURCHASE STREET, PURCHASE NY 10577
Mark D. Schneider director C/O HAWAIIAN HOLDINGS INC., 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
Donald J Carty director C/O DELL INC., ONE DELL WAY, ROUND ROCK TX 78682-2244
Shannon Lei Okinaka officer: SVP and Interim CFO C/O HAWAIIAN HOLDINGS, INC., 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
Theodoros Panagiotoulias officer: SVP - Global Sales & Alliances C/O HAWAIIAN AIRLINES INC., 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
H Jayne Hrdlicka director C/O HAWAIIAN HOLDINGS, INC., 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819