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Abu Dhabi National Hotels (ADX:ADNH) Accounts Receivable : د.إ93 Mil (As of Dec. 2023)


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What is Abu Dhabi National Hotels Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Abu Dhabi National Hotels's accounts receivables for the quarter that ended in Dec. 2023 was د.إ93 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Abu Dhabi National Hotels's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 16.35.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Abu Dhabi National Hotels's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was د.إ-0.13.


Abu Dhabi National Hotels Accounts Receivable Historical Data

The historical data trend for Abu Dhabi National Hotels'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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Abu Dhabi National Hotels Accounts Receivable Chart

Abu Dhabi National Hotels Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 136.11 82.78 87.34 91.71 93.43

Abu Dhabi National Hotels Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 91.71 203.31 186.56 181.15 93.43

Abu Dhabi National Hotels Accounts Receivable Calculation

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


Abu Dhabi National Hotels 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.

Abu Dhabi National Hotels's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=93.434/521.611*91
=16.35

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Abu Dhabi National Hotels's accounts receivable are only considered to be worth 75% of book value:

Abu Dhabi National Hotels's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(377.168+0.75 * 93.434+0.5 * 10.445-2137.065
-0-2.262)/12600
=-0.13

* 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.


Abu Dhabi National Hotels Accounts Receivable Related Terms

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Abu Dhabi National Hotels (ADX:ADNH) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 46806, Abu Dhabi, ARE
Abu Dhabi National Hotels is engaged in the hospitality business. The company's reportable segment includes Hotels, Transport services, and Holding. It generates maximum revenue from the hotel segment. The company earns the majority of its revenue from room rentals, food, beverage, and other ancillary services. It also manages other hotels for the account of other parties.

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