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Douja Promotion Groupe Addoha (CAS:ADH) Accounts Receivable : MAD1,740 Mil (As of Jun. 2024)


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What is Douja Promotion Groupe Addoha Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Douja Promotion Groupe Addoha's accounts receivables for the quarter that ended in Jun. 2024 was MAD1,740 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Douja Promotion Groupe Addoha's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 223.94.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Douja Promotion Groupe Addoha's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was MAD-5.78.


Douja Promotion Groupe Addoha Accounts Receivable Historical Data

The historical data trend for Douja Promotion Groupe Addoha'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.

Douja Promotion Groupe Addoha Accounts Receivable Chart

Douja Promotion Groupe Addoha Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,957.17 3,826.26 - 2,185.50 1,456.84

Douja Promotion Groupe Addoha Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - 2,185.50 2,085.35 1,456.84 1,740.39

Douja Promotion Groupe Addoha Accounts Receivable Calculation

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


Douja Promotion Groupe Addoha 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.

Douja Promotion Groupe Addoha's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1740.393/1418.334*91
=223.94

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

Douja Promotion Groupe Addoha's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(251.276+0.75 * 1740.393+0.5 * 14802.719-10448.138
-0-837.911)/402.531
=-5.78

* 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.


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Douja Promotion Groupe Addoha Business Description

Traded in Other Exchanges
N/A
Address
Km 7, Route de Rabat, Ain Sebaa, Casablanca, MAR
Douja Promotion Groupe Addoha SA operates in the real estate sector. Its activities include the construction, development, and marketing of real estate properties. It holds an interest in a project such as Casablanca and regions, Rabat and regions, Tangier, Meknes, Oujda and many others. In addition, the group is also involved in providing financing and legal advisory services. Geographically activities are carried out through the region of Morocco.

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