Oman Flour Mills (MUS:OFMI) Accounts Receivable: ر.ع21.9 Mil (As of Dec. 2023)

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MUS:OFMI Oman Flour Mills MUS:OFMI
72 GF Score
Price ر.ع0.58
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What is Oman Flour Mills Accounts Receivable?

Oman Flour Mills MUS:OFMI 72 Accounts Receivable is ر.ع21.9 Mil as of Dec. 2023. GuruFocus rates MUS:OFMI with a GF Score™ of 72/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Oman Flour Mills's accounts receivables for the quarter that ended in Dec. 2023 was ر.ع21.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Oman Flour Mills's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 32.24.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Oman Flour Mills's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ر.ع-0.29.


Oman Flour Mills 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.

Oman Flour Mills's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=21.898/123.945*91
=32.24

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

Oman Flour Mills'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)
=(14.462+0.75 * 21.898+0.5 * 24.368-93.428
-0--0.779)/173.644
=-0.29

* 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.


Oman Flour Mills Accounts Receivable Related Terms


Oman Flour Mills Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Oman Flour Mills'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.

Oman Flour Mills Accounts Receivable Chart

Oman Flour Mills Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.15 13.14 21.37 18.11 21.90

Oman Flour Mills Semi-Annual Data
Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Dec21 Dec22 Dec23
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 20.15 13.14 21.37 18.11 21.90
MUS:OFMI
72GF Score
Oman Flour Mills MUS:OFMI
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Oman Flour Mills Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of ر.ع21.9 Mil mean?
Oman Flour Mills (MUS:OFMI) has a Accounts Receivable of ر.ع21.9 Mil as of Dec. 2023. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Oman Flour Mills and its competitors.
Is Oman Flour Mills' Accounts Receivable too high?
Oman Flour Mills' current Accounts Receivable is ر.ع21.9 Mil. Overall, Oman Flour Mills has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Oman Flour Mills' Accounts Receivable compare to JBS and KHC?
Oman Flour Mills' Accounts Receivable of ر.ع21.9 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Consumer Packaged Goods company?
A good Accounts Receivable depends on the Consumer Packaged Goods industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Oman Flour Mills and its competitors. Oman Flour Mills's current Accounts Receivable is ر.ع21.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oman Flour Mills stock overvalued right now?
Oman Flour Mills (MUS:OFMI) has a current Accounts Receivable of ر.ع21.9 Mil. The current Accounts Receivable is ر.ع21.9 Mil. Oman Flour Mills' overall GF Score™ is 72/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Oman Flour Mills (MUS:OFMI), the current Accounts Receivable is ر.ع21.9 Mil as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Oman Flour Mills Business Description

Address P.O. Box 566, Ruwi, OMN, 112
Oman Flour Mills is an Oman-based company engaged in the milling of wheat and other cereals and sale of flour, and the processing and sale of animal feed. In addition, the company through its subsidiaries is also involved in the production and sale of eggs, and selling and distribution of franchise frozen bakery products. The group generates the majority of the revenue from the sale of Feed and related products. The company markets its flour mill products through Dahabi brand and feed mill products through Barakat brand.
72GF Score

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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ر.ع0.58
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