Professional Medical Expertise Co (SAU:9574) Change In Receivables : ﷼0.0 Mil (TTM As of Dec. 2022)

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What is Professional Medical Expertise Co Change In Receivables?

Professional Medical Expertise Co's change in receivables for the quarter that ended in Dec. 2022 was ﷼0.0 Mil. It means Professional Medical Expertise Co's Accounts Receivable stayed the same from . 20 to Dec. 2022 .

Professional Medical Expertise Co's change in receivables for the fiscal year that ended in Dec. 2023 was ﷼-37.6 Mil. It means Professional Medical Expertise Co's Accounts Receivable increased by ﷼37.6 Mil from Dec. 2022 to Dec. 2023 .

Professional Medical Expertise Co's Accounts Receivable for the quarter that ended in Dec. 2022 was ﷼99.8 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Professional Medical Expertise Co's liquidation value for the three months ended in Dec. 2022 was ﷼-9.1 Mil.

Professional Medical Expertise Co Change In Receivables Historical Data

The historical data trend for Professional Medical Expertise 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.

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Professional Medical Expertise Co Change In Receivables Chart

Professional Medical Expertise Co Annual Data

Trend

Dec22

Dec23

Change In Receivables

-14.57

-37.55

Professional Medical Expertise Co Quarterly Data
	Dec22	Dec23
Change In Receivables	-	-

Professional Medical Expertise 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 Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼0.0 Mil.

Professional Medical Expertise Co (SAU:9574) 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.

Professional Medical Expertise Co's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	99.786	/	0	*	91
=

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

Professional Medical Expertise Co's liquidation value for the quarter that ended in Dec. 2022 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	5.316	-	126.018	+	0.75 * 99.786	+	0.5 * 73.443
=	-9.1

Professional Medical Expertise Co Change In Receivables Related Terms

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Professional Medical Expertise Co (SAU:9574) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Professional Medical Expertise Co (SAU:9574) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prince Saud Al-Faisal Street, Office No. 503, 5th Floor, Rawdah Bussiness Center, Rawdah District, Jeddah, SAU, 23434

Website

https://www.promedex.com

Professional Medical Expertise Co is a medical devices distributor in the Saudi market, representing selected top-notch quality suppliers of inventive state of the art medical technologies. The Company's current activities comprise the import and export of medical implants, devices and high-tech consumables and their sale to private and public hospitals and medical centers throughout the Kingdom. It activities consist of the following: Agents involved in the sale of medicines, Drug warehouse activities, Retail sale of medical equipment, tools and supplies, Medical Devices warehouse activities and Legal representation of medical products and devices' manufacturers.

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