American Airlines Group (AAL)

Receivables turnover

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Revenue (ttm)	US$ in thousands	53,657,000	52,300,000	51,598,000	50,771,000	50,347,000	50,719,000	50,737,000	50,184,000	46,971,000	43,308,000	38,838,000	32,876,000	28,077,000	23,149,000	17,489,000	11,865,000	16,486,000	23,772,000	32,566,000	42,883,000
Receivables	US$ in thousands	2,006,000	1,820,000	2,067,000	2,070,000	2,026,000	2,021,000	2,073,000	1,989,000	2,138,000	1,991,000	1,835,000	1,537,000	1,505,000	1,332,000	1,249,000	971,000	1,342,000	1,135,000	879,000	1,020,000
Receivables turnover		26.75	28.74	24.96	24.53	24.85	25.10	24.48	25.23	21.97	21.75	21.17	21.39	18.66	17.38	14.00	12.22	12.28	20.94	37.05	42.04

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $53,657,000K ÷ $2,006,000K
= 26.75

The receivables turnover ratio for American Airlines Group has shown fluctuations over the past few years. In March 2020, the ratio was 42.04, indicating that the company collected its accounts receivable 42.04 times during that period. However, this ratio decreased to 12.22 by March 2021, signaling a slowdown in the collection of receivables.

From June 2021 to December 2024, the receivables turnover ratio gradually improved, reaching a peak of 28.74 in September 2024. This suggests that the company enhanced its efficiency in collecting accounts receivable during this period.

Overall, the trend in American Airlines Group's receivables turnover indicates fluctuations and improvements in the efficiency of collecting receivables over the years, with some periods showing significant variations in collection efficiency compared to others.