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Saudi Pharmaceutical Industries & Medical Appliances (SAU:2070) Accounts Receivable : ﷼1,171 Mil (As of Dec. 2024)


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What is Saudi Pharmaceutical Industries & Medical Appliances Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Saudi Pharmaceutical Industries & Medical Appliances's accounts receivables for the quarter that ended in Dec. 2024 was ﷼1,171 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Saudi Pharmaceutical Industries & Medical Appliances's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 276.59.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Saudi Pharmaceutical Industries & Medical Appliances's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ﷼-12.25.


Saudi Pharmaceutical Industries & Medical Appliances Accounts Receivable Historical Data

The historical data trend for Saudi Pharmaceutical Industries & Medical Appliances'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.

Saudi Pharmaceutical Industries & Medical Appliances Accounts Receivable Chart

Saudi Pharmaceutical Industries & Medical Appliances Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 954.44 942.04 727.37 874.59 1,170.63

Saudi Pharmaceutical Industries & Medical Appliances Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 874.59 1,124.41 1,256.58 1,284.01 1,170.63

Saudi Pharmaceutical Industries & Medical Appliances Accounts Receivable Calculation

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


Saudi Pharmaceutical Industries & Medical Appliances 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.

Saudi Pharmaceutical Industries & Medical Appliances's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1170.628/386.201*91
=276.59

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Saudi Pharmaceutical Industries & Medical Appliances's accounts receivable are only considered to be worth 75% of book value:

Saudi Pharmaceutical Industries & Medical Appliances'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)
=(277.623+0.75 * 1170.628+0.5 * 646.091-2788.029
-0-153.017)/119.355
=-12.25

* 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.


Saudi Pharmaceutical Industries & Medical Appliances Accounts Receivable Related Terms

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Saudi Pharmaceutical Industries & Medical Appliances Business Description

Traded in Other Exchanges
N/A
Address
King Abdul Aziz Road, Industrial City of Al-Qassim, Buraidah, Riyadh, SAU
Saudi Pharmaceutical Industries & Medical Appliances Corp is involved in the manufacturing of basic chemical substances and products; medicines for human use, including cosmetics; pharmaceutical production and wholesale and retail of medicines and related products; development and marketing of medicinal and pharmaceutical products; research and development in medical science activities; operating and maintaining the healthcare facilities and any investments in related industries. Its geographical segments are Saudi Arabia, Egypt, the Middle East, Morocco and Algeria.

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