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Rumm Financial Brokerage (AMM:RUMI) Accounts Receivable : JOD0.00 Mil (As of . 20)


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What is Rumm Financial Brokerage Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Rumm Financial Brokerage's accounts receivables for the quarter that ended in . 20 was JOD0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Rumm Financial Brokerage's Net-Net Working Capital per share for the quarter that ended in . 20 was JODN/A.


Rumm Financial Brokerage Accounts Receivable Historical Data

The historical data trend for Rumm Financial Brokerage'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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Rumm Financial Brokerage Accounts Receivable Chart

Rumm Financial Brokerage Annual Data
Trend
Accounts Receivable

Rumm Financial Brokerage Semi-Annual Data
Accounts Receivable

Rumm Financial Brokerage Accounts Receivable Calculation

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


Rumm Financial Brokerage 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.

Rumm Financial Brokerage's Days Sales Outstanding for the quarter that ended in . 20 is calculated as:

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

Rumm Financial Brokerage's Net-Net Working Capital Per Share for the quarter that ended in . 20 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)
=(+0.75 * +0.5 * -N/A
--)/0
=N/A

* 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.


Rumm Financial Brokerage Accounts Receivable Related Terms

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Rumm Financial Brokerage Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
King Hussein Street, Building No. 264, Fifth Floor, P.O. Box No. 2729, Amman, JOR, 11953
Rumm Financial Brokerage is a brokerage and advisor service firm. The objective of the company is to provide investment advisory and financial markets research services.

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