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Al Yamamah Steel Industries Co (SAU:1304) Accounts Receivable : ﷼401 Mil (As of Sep. 2024)


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What is Al Yamamah Steel Industries Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Al Yamamah Steel Industries Co's accounts receivables for the quarter that ended in Sep. 2024 was ﷼401 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Al Yamamah Steel Industries Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 90.71.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Al Yamamah Steel Industries Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was ﷼-9.50.


Al Yamamah Steel Industries Co Accounts Receivable Historical Data

The historical data trend for Al Yamamah Steel Industries Co'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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Al Yamamah Steel Industries Co Accounts Receivable Chart

Al Yamamah Steel Industries Co Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 335.65 275.07 352.24 326.86 400.87

Al Yamamah Steel Industries Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 326.86 353.72 448.08 376.65 400.87

Al Yamamah Steel Industries Co Accounts Receivable Calculation

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


Al Yamamah Steel Industries Co 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.

Al Yamamah Steel Industries Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=400.865/403.252*91
=90.71

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Al Yamamah Steel Industries Co's accounts receivable are only considered to be worth 75% of book value:

Al Yamamah Steel Industries Co's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(72.109+0.75 * 400.865+0.5 * 679.774-1093.546
-0-101.884)/50.8
=-9.50

* 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.


Al Yamamah Steel Industries Co Accounts Receivable Related Terms

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Al Yamamah Steel Industries Co Business Description

Traded in Other Exchanges
N/A
Address
6th Floor, Building 2, Office No. 6201, P.O. Box 55303, Aqaria Asteen, Riyadh, SAU, 11583
Al Yamamah Steel Industries Co is a manufacturer of tubes, pipes and hollow shapes from iron, metal structures and their parts for bridges and towers, poles and their parts, including poles, lighting cabins, traffic lights, etc. and installation of prefabricated steel structures for industrial facilities. The company produces and sells steel welded tubes, steel sheets, steel reinforcement bars, and three-dimension space structures. The company's operating segments include Construction and Electric. It generates maximum revenue from the Construction segment.

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