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Alahli REIT Fund 1 (SAU:4338) Accounts Receivable : ﷼88.4 Mil (As of Jun. 2023)


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What is Alahli REIT Fund 1 Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Alahli REIT Fund 1's accounts receivables for the quarter that ended in Jun. 2023 was ﷼88.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Alahli REIT Fund 1's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 174.26.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Alahli REIT Fund 1's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was ﷼-4.69.


Alahli REIT Fund 1 Accounts Receivable Historical Data

The historical data trend for Alahli REIT Fund 1'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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Alahli REIT Fund 1 Accounts Receivable Chart

Alahli REIT Fund 1 Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
27.36 35.00 50.03 56.33 72.13

Alahli REIT Fund 1 Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 59.77 56.33 89.93 72.13 88.35

Alahli REIT Fund 1 Accounts Receivable Calculation

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


Alahli REIT Fund 1 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.

Alahli REIT Fund 1's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=88.352/92.532*91
=174.26

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Alahli REIT Fund 1's accounts receivable are only considered to be worth 75% of book value:

Alahli REIT Fund 1's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(36.132+0.75 * 88.352+0.5 * 0-747.617
-0-0)/137.5
=-4.69

* 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.


Alahli REIT Fund 1 Accounts Receivable Related Terms

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Alahli REIT Fund 1 (SAU:4338) Business Description

Traded in Other Exchanges
N/A
Address
King Saud Road, P.O. Box 22216, Regional Building of National Commercial Bank, Riyadh, SAU, 11495
Alahli REIT Fund 1 invests in income-producing properties. Its objective is to provide periodic rental income to Unitholders through investing in developed income-generating properties and to potentially provide capital growth by developing and/or expanding and/or selling assets. The Fund invests mainly in developed income-generating real estate assets and may invest part of its assets and cash surplus in Murabaha transactions and short-term deposits in Saudi Riyals with banks that are licensed by the Saudi Central Bank (SAMA) and operate in Saudi Arabia. The Fund may also invest in public money market funds approved by CMA.

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