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Al Khaleej Investment PJSC (ADX:KICO) Accounts Receivable : د.إ2.00 Mil (As of Mar. 2022)


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What is Al Khaleej Investment PJSC Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Al Khaleej Investment PJSC's accounts receivables for the quarter that ended in Mar. 2022 was د.إ2.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Al Khaleej Investment PJSC's Days Sales Outstanding for the quarter that ended in Mar. 2022 was 43.26.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Al Khaleej Investment PJSC's Net-Net Working Capital per share for the quarter that ended in Mar. 2022 was د.إ0.25.


Al Khaleej Investment PJSC Accounts Receivable Historical Data

The historical data trend for Al Khaleej Investment PJSC'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.

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Al Khaleej Investment PJSC Accounts Receivable Chart

Al Khaleej Investment PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.62 3.45 2.62 2.89 1.92

Al Khaleej Investment PJSC Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Dec22
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.46 10.27 2.89 2.00 1.92

Al Khaleej Investment PJSC Accounts Receivable Calculation

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


Al Khaleej Investment PJSC 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.

Al Khaleej Investment PJSC's Days Sales Outstanding for the quarter that ended in Mar. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.003/4.225*91
=43.26

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

Al Khaleej Investment PJSC's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2022 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)
=(47.19+0.75 * 2.003+0.5 * 0-22.944
-0-0)/105
=0.25

* 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.


Al Khaleej Investment PJSC Accounts Receivable Related Terms

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Al Khaleej Investment PJSC (ADX:KICO) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 5662, AI Khaleej Building, Ras Al Khaimah, ARE
Al Khaleej Investment PJSC is a company whose principal activities are real estate and commercial enterprise investments, building maintenance, and service management over real estate. The company operates in two reportable segments Real Estate, and Investments. The majority of the revenue is generated from the real estate segment in the form of rents received.

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