Saudi Cable Co (SAU:2110) Change In Receivables : ﷼13.15 Mil (TTM As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is Saudi Cable Co Change In Receivables?

Saudi Cable Co's change in receivables for the quarter that ended in Mar. 2024 was ﷼-7.74 Mil. It means Saudi Cable Co's Accounts Receivable increased by ﷼7.74 Mil from Dec. 2023 to Mar. 2024 .

Saudi Cable Co's change in receivables for the fiscal year that ended in Dec. 2023 was ﷼22.08 Mil. It means Saudi Cable Co's Accounts Receivable declined by ﷼22.08 Mil from Dec. 2022 to Dec. 2023 .

Saudi Cable Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ﷼75.00 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. Saudi Cable Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 544.39.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Saudi Cable Co's liquidation value for the three months ended in Mar. 2024 was ﷼-988.33 Mil.

Saudi Cable Co Change In Receivables Historical Data

The historical data trend for Saudi Cable Co'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.

* Premium members only.

Saudi Cable Co Change In Receivables Chart

Saudi Cable Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

86.86

-13.28

79.98

63.42

22.08

Saudi Cable Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															1.19	-6.89	15.90	11.87	-7.74

Saudi Cable Co 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 ﷼13.15 Mil.

Saudi Cable Co (SAU:2110) 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.

Saudi Cable Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	75.004	/	12.572	*	91
=	544.39

2. In Ben Graham's calculation of liquidation value, Saudi Cable Co's accounts receivable are only considered to be worth 75% of book value:

Saudi Cable Co'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)
=	10.48	-	1062.763	+	0.75 * 75.004	+	0.5 * 15.394
=	-988.33

Saudi Cable Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of Saudi Cable Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Saudi Cable Co (SAU:2110) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Saudi Cable Co (SAU:2110) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

Industrial Area Phase 2, P. O. Box 4403, Jeddah, SAU, 21491

Website

http://www.saudicable.com

Saudi Cable Co and its subsidiaries are engaged in manufacturing and marketing of electrical and telecommunication cables, copper rod, polyvinyl chloride compounds, wooden reels, and related products. It is also engaged in the contracting, trading, and supply of cables. It has two operating segments: Sale of manufactured goods and Turnkey power and telecommunication projects. The sales of manufactured goods generate maximum revenue for the company. Geographically, the company operations are carried out in the Kingdom of Saudi Arabia, UAE, and Turkey of which Saudi Arabia generates maximum revenue to the company.

Saudi Cable Co (SAU:2110) Headlines

No Headlines