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Alinma Retail REIT Fund (SAU:4345) Accounts Receivable : ﷼4.81 Mil (As of Dec. 2023)


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What is Alinma Retail REIT Fund Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Alinma Retail REIT Fund's accounts receivables for the quarter that ended in Dec. 2023 was ﷼4.81 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Alinma Retail REIT Fund's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 31.83.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Alinma Retail REIT Fund's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ﷼-0.29.


Alinma Retail REIT Fund Accounts Receivable Historical Data

The historical data trend for Alinma Retail REIT Fund'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.

Alinma Retail REIT Fund Accounts Receivable Chart

Alinma Retail REIT Fund Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 37.20 29.01 8.66 3.27 4.81

Alinma Retail REIT Fund Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 8.66 4.41 3.27 3.70 4.81

Alinma Retail REIT Fund Accounts Receivable Calculation

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


Alinma Retail REIT Fund 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.

Alinma Retail REIT Fund's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.809/27.571*91
=31.83

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

Alinma Retail REIT Fund's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(41.626+0.75 * 4.809+0.5 * 0-79.028
-0-0)/118
=-0.29

* 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.


Alinma Retail REIT Fund Accounts Receivable Related Terms

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Alinma Retail REIT Fund (SAU:4345) Business Description

Traded in Other Exchanges
N/A
Address
King Fahad Road, P.O. Box 55560, Al Anoud Tower 2, Riyadh, SAU, 11544
Alinma Retail REIT Fund is a closed-end real estate investment traded fund. The company invests in real estate assets within the Kingdom of Saudi Arabia to generate periodic rental income and potential of capital appreciation. It is focusing on the retail sector which includes retail shopping malls.

Alinma Retail REIT Fund (SAU:4345) Headlines

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