Oman United Insurance CoOG (MUS:OUIC) Accounts Receivable: ر.ع7.59 Mil (As of Mar. 2023)

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MUS:OUIC Oman United Insurance Co SAOG MUS:OUIC
12 GF Score
Price ر.ع0.32
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What is Oman United Insurance CoOG Accounts Receivable?

Oman United Insurance CoOG MUS:OUIC 12 Accounts Receivable is ر.ع7.59 Mil as of Mar. 2023. GuruFocus rates MUS:OUIC with a GF Score™ of 12/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Oman United Insurance CoOG's accounts receivables for the quarter that ended in Mar. 2023 was ر.ع7.59 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Oman United Insurance CoOG's Days Sales Outstanding for the quarter that ended in Mar. 2023 was 109.13.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Oman United Insurance CoOG's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was ر.ع-0.71.


Oman United Insurance 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 United Insurance CoOG's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=7.591/6.347*91
=109.13

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

Oman United Insurance CoOG's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(5.264+0.75 * 7.591+0.5 * 0-85.097
-0-0)/105.000
=-0.71

* 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 United Insurance CoOG Accounts Receivable Related Terms


Oman United Insurance CoOG Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Oman United Insurance 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 United Insurance CoOG Accounts Receivable Chart

Oman United Insurance CoOG Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec19 Dec20 Dec21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.37 8.90 6.95 6.24 7.75

Oman United Insurance CoOG Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Dec19 Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23
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 7.75 10.44 0.00 10.73 7.59
MUS:OUIC
12GF Score
Oman United Insurance Co SAOG MUS:OUIC
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Oman United Insurance 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.ع7.59 Mil mean?
Oman United Insurance CoOG (MUS:OUIC) has a Accounts Receivable of ر.ع7.59 Mil as of Mar. 2023. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Oman United Insurance CoOG and its competitors.
Is Oman United Insurance CoOG's Accounts Receivable too high?
Oman United Insurance CoOG's current Accounts Receivable is ر.ع7.59 Mil. Overall, Oman United Insurance CoOG has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Oman United Insurance CoOG's Accounts Receivable compare to HNNA and MSD?
Oman United Insurance CoOG's Accounts Receivable of ر.ع7.59 Mil can be compared against companies in the Insurance 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 an Insurance company?
A good Accounts Receivable depends on the Insurance 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 United Insurance CoOG and its competitors. Oman United Insurance CoOG's current Accounts Receivable is ر.ع7.59 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oman United Insurance CoOG stock overvalued right now?
Oman United Insurance CoOG (MUS:OUIC) has a current Accounts Receivable of ر.ع7.59 Mil. The current Accounts Receivable is ر.ع7.59 Mil. Oman United Insurance CoOG's overall GF Score™ is 12/100. 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 United Insurance CoOG (MUS:OUIC), the current Accounts Receivable is ر.ع7.59 Mil as of Mar. 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 United Insurance CoOG Business Description

Address Al Khuwair Street, P.O.Box 1522, Ruwi, Muscat, OMN, 112
Oman United Insurance Co SAOG is an insurance company. It is engaged in the underwriting of general and life and medical insurance business and in the repair and maintenance of motor vehicles. It operates in two segments General insurance and Life insurance. General insurance business includes insurance and re-insurance of motor, fire, general accident, marine cargo, hull, workmen compensation, engineering, and aviation. Life insurance relates to the insuring of the life of an individual, group life and group medical. It operates within the Sultanate of Oman with the highest revenue generated from General insurance segment.
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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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