National Gas CoOG (MUS:NGCI) Change In Receivables : ر.ع2.99 Mil (TTM As of Sep. 2023)

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What is National Gas CoOG Change In Receivables?

National Gas CoOG's change in receivables for the quarter that ended in Sep. 2023 was ر.ع-0.54 Mil. It means National Gas CoOG's Accounts Receivable increased by ر.ع0.54 Mil from Jun. 2023 to Sep. 2023 .

National Gas CoOG's change in receivables for the fiscal year that ended in Dec. 2021 was ر.ع-10.03 Mil. It means National Gas CoOG's Accounts Receivable increased by ر.ع10.03 Mil from Dec. 2020 to Dec. 2021 .

National Gas CoOG's Accounts Receivable for the quarter that ended in Sep. 2023 was ر.ع4.38 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. National Gas CoOG's Days Sales Outstanding for the three months ended in Sep. 2023 was 24.12.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. National Gas CoOG's liquidation value for the three months ended in Sep. 2023 was ر.ع-12.59 Mil.

National Gas CoOG Change In Receivables Historical Data

The historical data trend for National Gas CoOG'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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National Gas CoOG Change In Receivables Chart

National Gas CoOG Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Change In Receivables

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-4.26

-1.46

6.43

1.18

-10.03

National Gas CoOG Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23
Change In Receivables	Get a 7-Day Free Trial															0.49	3.76	-0.10	3.64	-0.54

National Gas CoOG 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ر.ع2.99 Mil.

National Gas CoOG (MUS:NGCI) 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.

National Gas CoOG's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4.383	/	16.58	*	91
=	24.12

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

National Gas CoOG's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.623	-	18.485	+	0.75 * 4.383	+	0.5 * 1.963
=	-12.59

National Gas CoOG Change In Receivables Related Terms

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National Gas CoOG (MUS:NGCI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » National Gas Co SAOG (MUS:NGCI) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Al Khuwair Office, Al Khuwair, ONEIC Building, Muscat, OMN

Website

https://www.nationalgasco.net

National Gas Co SAOG operates as a Liquefied Petroleum Gas filling plant. The company is engaged in the marketing, selling and distribution of LPG. The group's only business segment is the marketing and selling of LPG. It operates a large fleet of tankers to lift bulk LPG from refineries in the Sultanate to its plants where it is bottled into cylinders in safe and controlled conditions. The company has different sizes of tankers to meet customer demand and reduce distribution cost.

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