Al Seer Marine Supplies & Equipment PJSC (ADX:ASM) Accounts Receivable: د.إ86 Mil (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ADX:ASM Al Seer Marine Supplies & Equipment PJSC ADX:ASM
68 GF Score
Price د.إ1.95
GF Value د.إ4.61
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Al Seer Marine Supplies & Equipment PJSC Accounts Receivable?

Al Seer Marine Supplies & Equipment PJSC ADX:ASM 68 Accounts Receivable is د.إ86 Mil as of Dec. 2025. GuruFocus rates ADX:ASM with a GF Score™ of 68/100 and a GF Value™ of د.إ4.61 (Possible Value Trap). The stock has 5 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Al Seer Marine Supplies & Equipment PJSC's accounts receivables for the quarter that ended in Dec. 2025 was د.إ86 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Al Seer Marine Supplies & Equipment PJSC's Days Sales Outstanding for the quarter that ended in Dec. 2025 was 11.67.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Al Seer Marine Supplies & Equipment PJSC's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was د.إ1.31.


Al Seer Marine Supplies & Equipment 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 Seer Marine Supplies & Equipment PJSC's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=86.203/1348.178*91
=11.67

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

Al Seer Marine Supplies & Equipment PJSC's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2025 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)
=(5148.306+0.75 * 86.203+0.5 * 4.414-3903.36
-0-0)/1000.000
=1.31

* 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 Seer Marine Supplies & Equipment PJSC Accounts Receivable Related Terms


Al Seer Marine Supplies & Equipment PJSC Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Al Seer Marine Supplies & Equipment 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.

Al Seer Marine Supplies & Equipment PJSC Accounts Receivable Chart

Al Seer Marine Supplies & Equipment PJSC Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial 210.29 216.13 231.88 315.46 86.20

Al Seer Marine Supplies & Equipment PJSC Semi-Annual Data
Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable Get a 7-Day Free Trial 210.29 216.13 231.88 315.46 86.20
ADX:ASM
68GF Score
Al Seer Marine Supplies & Equipment PJSC ADX:ASM
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Al Seer Marine Supplies & Equipment PJSC Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of د.إ86 Mil mean?
Al Seer Marine Supplies & Equipment PJSC (ADX:ASM) has a Accounts Receivable of د.إ86 Mil as of Dec. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Al Seer Marine Supplies & Equipment PJSC and its competitors.
Is Al Seer Marine Supplies & Equipment PJSC's Accounts Receivable too high?
Al Seer Marine Supplies & Equipment PJSC's current Accounts Receivable is د.إ86 Mil. Overall, Al Seer Marine Supplies & Equipment PJSC has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Al Seer Marine Supplies & Equipment PJSC's Accounts Receivable compare to KEX?
Al Seer Marine Supplies & Equipment PJSC's Accounts Receivable of د.إ86 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Transportation company?
A good Accounts Receivable depends on the Transportation industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Al Seer Marine Supplies & Equipment PJSC and its competitors. Al Seer Marine Supplies & Equipment PJSC's current Accounts Receivable is د.إ86 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Seer Marine Supplies & Equipment PJSC stock overvalued right now?
Based on GuruFocus' analysis, Al Seer Marine Supplies & Equipment PJSC (ADX:ASM) is currently considered Possible Value Trap. The stock's GF Value™ is د.إ4.61, compared to a current price of د.إ1.95 — trading 57.7% below its estimated fair value. The current Accounts Receivable is د.إ86 Mil. Al Seer Marine Supplies & Equipment PJSC's overall GF Score™ is 68/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Al Seer Marine Supplies & Equipment PJSC (ADX:ASM), the current Accounts Receivable is د.إ86 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Al Seer Marine Supplies & Equipment PJSC (ADX:ASM) Overvalued in 2026?

Based on GuruFocus' analysis, Al Seer Marine Supplies & Equipment PJSC stock appears to be undervalued. The current stock price of د.إ1.95 is trading 57.7% below its estimated GF Value™ of د.إ4.61. GuruFocus considers Al Seer Marine Supplies & Equipment PJSC to be Possible Value Trap.

Key valuation signals for ADX:ASM:

  • Accounts Receivable: د.إ86 Mil
  • GF Value™: د.إ4.61 vs. price of د.إ1.95 (57.7% below fair value)
  • GF Score™: 68/100 with 5 warning signs

No single metric tells the full story. See the ADX:ASM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Al Seer Marine Supplies & Equipment PJSC Business Description

Address Plot Number A-20, Sector MW-5, P.O. Box 33639, Mussafah Industrial City, Abu Dhabi, ARE
Al Seer Marine Supplies & Equipment PJSC is a maritime organization. Its service portfolio includes commercial shipping, yachting, boat building, large-scale 3D printing, unmanned vessel platforms and capabilities. The company has three segments, namely commercial shipping (commercial shipping, cargo, trade and maritime assets), yachting (management, maintenance, crewing and operations), IDT (3D printing, maintenance services, training, unmanned systems and capability development, construction & manufacturing new builds, boat building, ship building, naval architecture and engineering) and defense & security consultancy, unmanned systems, through life support and training). The majority of the company's revenue is derived from the Commercial shipping segment.
68GF Score

Get the complete analysis for ADX:ASM

Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ1.95
Price
د.إ4.61
GF Value