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MOBI Industry Co (SAU:9517) Accounts Receivable : ﷼23.5 Mil (As of Dec. 2023)


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What is MOBI Industry Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. MOBI Industry Co's accounts receivables for the quarter that ended in Dec. 2023 was ﷼23.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. MOBI Industry Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 43.75.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. MOBI Industry Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ﷼-0.05.


MOBI Industry Co Accounts Receivable Historical Data

The historical data trend for MOBI Industry Co's Accounts Receivable 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.

MOBI Industry Co Accounts Receivable Chart

MOBI Industry Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial - 23.36 29.44 29.43 23.51

MOBI Industry Co Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only 29.44 - 29.43 38.29 23.51

MOBI Industry Co Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


MOBI Industry Co Accounts Receivable 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 receivables are being managed.

MOBI Industry Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=23.514/98.097*91
=43.75

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), MOBI Industry Co's accounts receivable are only considered to be worth 75% of book value:

MOBI Industry Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(20.853+0.75 * 23.514+0.5 * 36.598-59.119
-0-0)/50
=-0.05

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


MOBI Industry Co Accounts Receivable Related Terms

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MOBI Industry Co (SAU:9517) Business Description

Traded in Other Exchanges
N/A
Address
220 Second Industrial City Street, Riyadh, SAU
MOBI Industry Co is a Saudi Arabia based company. The company is engaged in the manufacture of soap in all forms, including (paste, liquid and dry), manufacture of industrial detergents, manufacture of fertilizers and nitrogenous compounds, manufacture of plastics in their primary forms, manufacture of washing and cleaning material and preparations.

MOBI Industry Co (SAU:9517) Headlines

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