American Airlines Group (AAL)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 54,154,000 | 50,346,000 | 46,971,000 | 28,078,000 | 16,086,000 |
| Receivables | US$ in thousands | 2,006,000 | 2,026,000 | 2,138,000 | 1,505,000 | 1,342,000 |
| Receivables turnover | 27.00 | 24.85 | 21.97 | 18.66 | 11.99 |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $54,154,000K ÷ $2,006,000K
= 27.00
The receivables turnover ratio for American Airlines Group has been showing a consistent upward trend over the past five years, reflecting a more efficient management of its accounts receivable. The ratio increased from 11.99 in December 2020 to 27.00 in December 2024. This indicates that the company's ability to collect outstanding receivables has significantly improved, with a higher turnover rate suggesting that American Airlines Group is collecting payments from customers more quickly. The trend suggests that the company has been successful in managing its credit policies and maintaining strong relationships with its customers, resulting in a healthier cash flow cycle.
Peer comparison
Dec 31, 2024