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Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) Accounts Receivable : د.إ27,347 Mil (As of Sep. 2024)


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What is Alpha Dhabi Holding PJSC Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Alpha Dhabi Holding PJSC's accounts receivables for the quarter that ended in Sep. 2024 was د.إ27,347 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Alpha Dhabi Holding PJSC's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 167.11.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Alpha Dhabi Holding PJSC's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was د.إ-4.77.


Alpha Dhabi Holding PJSC Accounts Receivable Historical Data

The historical data trend for Alpha Dhabi Holding 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.

* Premium members only.

Alpha Dhabi Holding PJSC Accounts Receivable Chart

Alpha Dhabi Holding PJSC Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Receivable
1,954.09 6,717.68 20,667.14 17,442.21

Alpha Dhabi Holding PJSC Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 16,189.83 17,442.21 18,104.70 21,708.02 27,346.85

Alpha Dhabi Holding PJSC Accounts Receivable Calculation

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


Alpha Dhabi Holding 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.

Alpha Dhabi Holding PJSC's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=27346.851/14932.923*91
=167.11

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

Alpha Dhabi Holding PJSC's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 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)
=(37348.292+0.75 * 27346.851+0.5 * 19350.375-77364.347
-0-37826.921)/10000
=-4.77

* 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.


Alpha Dhabi Holding PJSC Accounts Receivable Related Terms

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Alpha Dhabi Holding PJSC Business Description

Traded in Other Exchanges
N/A
Address
108, Al Muntazah Street, Office 1003, Level 10, TwoFour54 Building 6, P.O. Box 111059, Adjacent Park Rotana Hotel, Abu Dhabi, ARE
Alpha Dhabi Holding PJSC is an investment holding company in the UAE. It is organized into eight verticals such as Industrial, Construction, Hospitality, Healthcare, Investments, Energy, Climate Capital; and Real Estate. The Company operates in five main segments: Industrial (dredging, land reclamation, construction contracts), Construction (commercial and residential buildings, infrastructure), Real Estate (property rentals, investments, sales), Healthcare (hospitals, medical services, diagnostics), and Services (management, hospitality, ancillary activities like investments and insurance).

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