Oman Ceramics CoOG (MUS:OMCI) Accounts Receivable: ر.ع0.31 Mil (As of Jun. 2021)

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What is Oman Ceramics CoOG Accounts Receivable?

Oman Ceramics CoOG MUS:OMCI Accounts Receivable is ر.ع0.31 Mil as of Jun. 2021.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Oman Ceramics CoOG's accounts receivables for the quarter that ended in Jun. 2021 was ر.ع0.31 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Oman Ceramics CoOG's Days Sales Outstanding for the quarter that ended in Jun. 2021 was 74.12.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Oman Ceramics CoOG's Net-Net Working Capital per share for the quarter that ended in Jun. 2021 was ر.ع-1.77.

Oman Ceramics 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.

Oman Ceramics CoOG's Days Sales Outstanding for the quarter that ended in Jun. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.310218/0.381898*91
=74.12

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

Oman Ceramics CoOG's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2021 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)
=(0.007989+0.75 * 0.310218+0.5 * 0.472443-3.819243
-0-0)/1.892196
=-1.77

* 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 Ceramics CoOG Accounts Receivable Related Terms

Oman Ceramics CoOG Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Oman Ceramics 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.

Oman Ceramics CoOG Accounts Receivable Chart

Oman Ceramics CoOG Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 1.31 0.96 0.62 0.29

Oman Ceramics CoOG Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 0.62 0.48 0.29 0.34 0.31

Oman Ceramics CoOG 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.ع0.31 Mil mean?
Oman Ceramics CoOG (MUS:OMCI) has a Accounts Receivable of ر.ع0.31 Mil as of Jun. 2021. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Oman Ceramics CoOG and its competitors.
Is Oman Ceramics CoOG's Accounts Receivable too high?
Oman Ceramics CoOG's current Accounts Receivable is ر.ع0.31 Mil.
How does Oman Ceramics CoOG's Accounts Receivable compare to competitors?
Oman Ceramics CoOG's Accounts Receivable of ر.ع0.31 Mil can be compared against companies in the Construction 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 Construction company?
A good Accounts Receivable depends on the Construction 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 Ceramics CoOG and its competitors. Oman Ceramics CoOG's current Accounts Receivable is ر.ع0.31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oman Ceramics CoOG stock overvalued right now?
Oman Ceramics CoOG (MUS:OMCI) has a current Accounts Receivable of ر.ع0.31 Mil. The current Accounts Receivable is ر.ع0.31 Mil. 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 Ceramics CoOG (MUS:OMCI), the current Accounts Receivable is ر.ع0.31 Mil as of Jun. 2021. 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 Ceramics CoOG Business Description

Address Road No .9, Sohar Industrial Estate, P.O.Box 46, Sohar, OMN, 327
Oman Ceramics Co SAOG is an Omani manufacturer of ceramic sanitary ware and related bathroom products. Its range includes water closets, wash basins, bidets, urinals, shower trays, seat covers, flushing mechanisms, mixers, showers, shattaf and angle valves, sold largely under its own brand. The company operates a single reporting segment, the manufacture of ceramic sanitary ware and related products, and generates revenue primarily through the sale of these goods to distributors, retailers, contractors and construction projects. While its primary market is Oman, it also exports to other Gulf Cooperation Council states such as the UAE, Saudi Arabia, Bahrain, Qatar and Kuwait, as well as to markets including Jordan, Syria, India, Yemen, South Africa, the United Kingdom and the United States. Production is based at its manufacturing facility in Oman, and demand is tied mainly to residential, commercial and infrastructure construction activity.