Muscat Finance CoOG (MUS:MFCI) Accounts Receivable : ر.ع0.00 Mil (As of Dec. 2023)

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What is Muscat Finance CoOG Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Muscat Finance CoOG's accounts receivables for the quarter that ended in Dec. 2023 was ر.ع0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Muscat Finance CoOG's Days Sales Outstanding for the quarter that ended in Dec. 2023 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. Muscat Finance CoOG's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ر.ع-0.19.

Muscat Finance CoOG Accounts Receivable Historical Data

The historical data trend for Muscat Finance CoOG'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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Muscat Finance CoOG Accounts Receivable Chart

Muscat Finance CoOG Annual Data

Trend

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Accounts Receivable

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Muscat Finance CoOG Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Accounts Receivable	Get a 7-Day Free Trial													-	-	-	-	-

Muscat Finance CoOG Accounts Receivable Calculation

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

Muscat Finance CoOG 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.

Muscat Finance CoOG's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	5.557	*	91
=	0.00

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

Muscat Finance CoOG's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=	(2.002	+	0.75 * 0	+	0.5 * 0	-	59.809
-	0	-	0)	/	307.146
=	-0.19

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.

Muscat Finance CoOG Accounts Receivable Related Terms

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Muscat Finance CoOG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Muscat Finance Co Ltd SAOG (MUS:MFCI) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 888, Ruwi, Muscat, OMN, 112

Website

https://www.muscatfinance.com

Muscat Finance Co Ltd SAOG operates as a non-banking finance company. The company provides financing of vehicles, equipment, warehouse financing, and plant and machinery to businesses in the form of financial leasing. The company also provides short-term finance in the form of factoring of receivables. The company provides loans to individual customers for purchasing vehicles and consumer durables for their personal use. The company's products include hire purchase financing, equipment leasing, debt factoring, working capital financing, and consumer durable loans. All of the operations of the company are carried out in the Sultanate of Oman.

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