GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » OQ Gas Network Company S A O G (MUS:OQGN) » Definitions » Accounts Receivable

OQ Gas Network Company S A O G (MUS:OQGN) Accounts Receivable : ر.ع11.87 Mil (As of Dec. 2024)


View and export this data going back to 2023. Start your Free Trial

What is OQ Gas Network Company S A O G Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. OQ Gas Network Company S A O G's accounts receivables for the quarter that ended in Dec. 2024 was ر.ع11.87 Mil.

Accounts receivable can be measured by Days Sales Outstanding. OQ Gas Network Company S A O G's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 74.73.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. OQ Gas Network Company S A O G's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ر.ع-0.11.


OQ Gas Network Company S A O G Accounts Receivable Historical Data

The historical data trend for OQ Gas Network Company S A O G'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.

OQ Gas Network Company S A O G Accounts Receivable Chart

OQ Gas Network Company S A O G Annual Data
Trend Dec22 Dec23 Dec24
Accounts Receivable
11.35 11.23 11.87

OQ Gas Network Company S A O G Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only 11.23 12.47 12.29 11.98 11.87

OQ Gas Network Company S A O G Accounts Receivable Calculation

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


OQ Gas Network Company S A O G 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.

OQ Gas Network Company S A O G's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=11.866/14.489*91
=74.73

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), OQ Gas Network Company S A O G's accounts receivable are only considered to be worth 75% of book value:

OQ Gas Network Company S A O G's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 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)
=(15.816+0.75 * 11.866+0.5 * 2.969-484.998
-0-0)/4330.624
=-0.11

* 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.


OQ Gas Network Company S A O G Accounts Receivable Related Terms

Thank you for viewing the detailed overview of OQ Gas Network Company S A O G's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


OQ Gas Network Company S A O G Business Description

Traded in Other Exchanges
N/A
Address
Al Khuwair, Bousher, P.O. Box 799, Muscat, OMN, 133
OQ Gas Network Company S A O G is a company who is an exclusive owner and operator of the Natural Gas Transportation Network in Oman by providing an indispensable link between Omani gas producers and gas consumers. The company's core business activity is to acquire, construct, operate, maintain, repair, and augment gas transportation pipelines in Oman.

OQ Gas Network Company S A O G Headlines

No Headlines