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Emirates Central Cooling Systems PJSC (DFM:EMPOWER) Accounts Receivable : د.إ154 Mil (As of Mar. 2025)


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What is Emirates Central Cooling Systems PJSC Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Emirates Central Cooling Systems PJSC's accounts receivables for the quarter that ended in Mar. 2025 was د.إ154 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Emirates Central Cooling Systems PJSC's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 25.40.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Emirates Central Cooling Systems PJSC's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was د.إ-0.61.


Emirates Central Cooling Systems PJSC Accounts Receivable Historical Data

The historical data trend for Emirates Central Cooling Systems 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.

Emirates Central Cooling Systems PJSC Accounts Receivable Chart

Emirates Central Cooling Systems PJSC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial 193.28 180.66 211.25 193.55 161.55

Emirates Central Cooling Systems PJSC Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 180.66 290.53 343.40 161.55 154.32

Emirates Central Cooling Systems PJSC Accounts Receivable Calculation

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


Emirates Central Cooling Systems 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.

Emirates Central Cooling Systems PJSC's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=154.321/554.373*91
=25.40

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

Emirates Central Cooling Systems PJSC's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(2230.065+0.75 * 154.321+0.5 * 51.723-8329.186
-0-177.593)/10000.000
=-0.61

* 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.


Emirates Central Cooling Systems PJSC Accounts Receivable Related Terms

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Emirates Central Cooling Systems PJSC Business Description

Traded in Other Exchanges
N/A
Address
Jumeirah Beach Road, 2nd December Street, P O Box 8081, Al Hudaiba Awards Building, Block A, 8th Floor, Opposite Etihad Museum, Dubai, ARE
Emirates Central Cooling Systems Corp PJSC engages in offering district cooling services (DCS). It engages in the centralized production and distribution of cooling energy. The firm provides its services to a portfolio of projects such as Deira Waterfront, Blue Waters, Jumeirah Group, Jumeirah Beach Residence, Dubai International Financial Centre, Business Bay, Dubai Healthcare City, Jumeirah Lake Towers, Palm Jumeirah, Discovery Gardens, Ibn Battuta Mall, Dubai Design District, Dubai Production City and many more. The company has two segments: the Chilled water segment and the Pre-insulated pipe business segment. Its geographical segments include the United Arab Emirates and Kuwait.

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