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Al Omaniya Financial ServicesOG (MUS:AOFS) Accounts Receivable : ر.ع0.00 Mil (As of Dec. 2022)


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What is Al Omaniya Financial ServicesOG Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Al Omaniya Financial ServicesOG's accounts receivables for the quarter that ended in Dec. 2022 was ر.ع0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Al Omaniya Financial ServicesOG's Days Sales Outstanding for the quarter that ended in Dec. 2022 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Al Omaniya Financial ServicesOG's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was ر.ع-0.18.


Al Omaniya Financial ServicesOG Accounts Receivable Historical Data

The historical data trend for Al Omaniya Financial ServicesOG'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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Al Omaniya Financial ServicesOG Accounts Receivable Chart

Al Omaniya Financial ServicesOG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
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Al Omaniya Financial ServicesOG Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
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Al Omaniya Financial ServicesOG Accounts Receivable Calculation

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


Al Omaniya Financial ServicesOG 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 Omaniya Financial ServicesOG's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/10.304*91
=0.00

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

Al Omaniya Financial ServicesOG's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 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)
=(85.643+0.75 * 0+0.5 * 0-140.111
-0-0)/303.214
=-0.18

* 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 Omaniya Financial ServicesOG Accounts Receivable Related Terms

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Al Omaniya Financial ServicesOG (MUS:AOFS) Business Description

Traded in Other Exchanges
N/A
Address
Jibroo, P.O. Box 1087, Muscat, OMN, 114
Al Omaniya Financial Services SAOG is involved in capital markets that provide Corporate loans, Retail Asset Financing which provides specialized finance products for the self-employed, salaried individuals, transport operators, small and large businesses, and Micro Credit. The company is also involved in hire purchase and lease finance for motor vehicles and other assets, debt factoring, bill discounting, bridge loans, working capital loans, and project and construction loans.

Al Omaniya Financial ServicesOG (MUS:AOFS) Headlines

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