Al Ansari Financial Services (DFM:ALANSARI) Change In Receivables : د.إ201 Mil (TTM As of Mar. 2024)

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What is Al Ansari Financial Services Change In Receivables?

Al Ansari Financial Services's change in receivables for the quarter that ended in Mar. 2024 was د.إ-45 Mil. It means Al Ansari Financial Services's Accounts Receivable increased by د.إ45 Mil from Dec. 2023 to Mar. 2024 .

Al Ansari Financial Services's change in receivables for the fiscal year that ended in Dec. 2023 was د.إ19 Mil. It means Al Ansari Financial Services's Accounts Receivable declined by د.إ19 Mil from Dec. 2022 to Dec. 2023 .

Al Ansari Financial Services's Accounts Receivable for the quarter that ended in Mar. 2024 was د.إ17 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. Al Ansari Financial Services's Days Sales Outstanding for the three months ended in Mar. 2024 was 5.52.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Al Ansari Financial Services's liquidation value for the three months ended in Mar. 2024 was د.إ1,133 Mil.

Al Ansari Financial Services Change In Receivables Historical Data

The historical data trend for Al Ansari Financial Services'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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Al Ansari Financial Services Change In Receivables Chart

Al Ansari Financial Services Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-18.58

10.25

-79.18

59.08

18.70

Al Ansari Financial Services Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial						-228.04	-135.57	151.75	230.55	-45.36

Al Ansari Financial Services 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 د.إ201 Mil.

Al Ansari Financial Services (DFM:ALANSARI) 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.

Al Ansari Financial Services's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	16.606	/	274.726	*	91
=	5.52

2. In Ben Graham's calculation of liquidation value, Al Ansari Financial Services's accounts receivable are only considered to be worth 75% of book value:

Al Ansari Financial Services'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)
=	2727.447	-	1607.235	+	0.75 * 16.606	+	0.5 * 0
=	1,133

Al Ansari Financial Services Change In Receivables Related Terms

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Al Ansari Financial Services (DFM:ALANSARI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Al Ansari Financial Services (DFM:ALANSARI) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Barsha 1, P.O Box 6176, Office No. 804, Al Ansari Business Center, Dubai, ARE

Website

https://www.aafs.ae

Al Ansari Financial Services is engaged in the business of buying and selling foreign currencies and traveller's cheques, cheques, executing remittance operations in local and foreign currencies, payment of wages through establishing a link to the operating system of wages protection, special products such as bill payments, cash collections, sale and reload of multi-currency prepaid cards) and transportation of cash and valuables.

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