Jahez International Co for Information and Technology (SAU:9526) Receivables Turnover : 29.96 (As of Dec. 2023)

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What is Jahez International Co for Information and Technology Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Jahez International Co for Information and Technology's Revenue for the six months ended in Dec. 2023 was ﷼949 Mil. Jahez International Co for Information and Technology's average Accounts Receivable for the six months ended in Dec. 2023 was ﷼32 Mil. Hence, Jahez International Co for Information and Technology's Receivables Turnover for the six months ended in Dec. 2023 was 29.96.

Jahez International Co for Information and Technology Receivables Turnover Historical Data

The historical data trend for Jahez International Co for Information and Technology's Receivables Turnover 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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Jahez International Co for Information and Technology Receivables Turnover Chart

Jahez International Co for Information and Technology Annual Data

Trend

Dec21

Dec22

Dec23

Receivables Turnover

173.72

108.82

60.29

Jahez International Co for Information and Technology Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial			100.84	65.65	44.65	33.61	29.96

Competitive Comparison of Jahez International Co for Information and Technology's Receivables Turnover

For the Internet Retail subindustry, Jahez International Co for Information and Technology's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Jahez International Co for Information and Technology's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Jahez International Co for Information and Technology's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Jahez International Co for Information and Technology's Receivables Turnover falls into.

Jahez International Co for Information and Technology Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Jahez International Co for Information and Technology's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	1784.755	/ (	(22.776	+	36.425)	/	2 )
=	1784.755	/	29.6005
=	60.29

Jahez International Co for Information and Technology's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	949.14	/ (	(26.946	+	36.425)	/	2 )
=	949.14	/	31.6855
=	29.96

Jahez International Co for Information and Technology (SAU:9526) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

Jahez International Co for Information and Technology Receivables Turnover Related Terms

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Jahez International Co for Information and Technology (SAU:9526) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Jahez International Co for Information and Technology (SAU:9526) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

2065, King Abdullah bin Abdulaziz Road, P.O. Box 2065, Al-Waha District 8594, Riyadh, SAU, 12444

Website

https://www.jahezgroup.com

Jahez International Co for Information and Technology operates as an online food delivery platform, connecting users, merchants, and delivery partners across the Kingdom. It engages in providing wireless data services, systems analysis, designing and programming software and providing delivery services via e-platforms.

Jahez International Co for Information and Technology (SAU:9526) Headlines

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