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Arabian International Healthcare Holding Co (SAU:9530) Accounts Receivable : ﷼744.0 Mil (As of Dec. 2023)


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What is Arabian International Healthcare Holding Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Arabian International Healthcare Holding Co's accounts receivables for the quarter that ended in Dec. 2023 was ﷼744.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Arabian International Healthcare Holding Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 276.56.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Arabian International Healthcare Holding Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ﷼-16.90.


Arabian International Healthcare Holding Co Accounts Receivable Historical Data

The historical data trend for Arabian International Healthcare Holding 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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Arabian International Healthcare Holding Co Accounts Receivable Chart

Arabian International Healthcare Holding Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
893.44 910.02 629.61 642.15 744.00

Arabian International Healthcare Holding Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Receivable Get a 7-Day Free Trial 629.61 670.74 642.15 607.08 744.00

Arabian International Healthcare Holding Co Accounts Receivable Calculation

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


Arabian International Healthcare Holding 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.

Arabian International Healthcare Holding Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=744.003/490.962*91
=276.56

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Arabian International Healthcare Holding Co's accounts receivable are only considered to be worth 75% of book value:

Arabian International Healthcare Holding Co'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)
=(82.383+0.75 * 744.003+0.5 * 233.058-1041.979
-0-52.857)/20
=-16.90

* 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.


Arabian International Healthcare Holding Co Accounts Receivable Related Terms

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Arabian International Healthcare Holding Co (SAU:9530) Business Description

Traded in Other Exchanges
N/A
Address
Al Marhoma Street, Business Gate, Qortubah, Riyadh, SAU
Arabian International Healthcare Holding Co provides integrated medical solutions to healthcare providers in the health sector in Saudi Arabia through its subsidiaries. Its projects include Cardiology, Intensive care, Operating rooms, Oncology, Hospital Infrastructure, and Others.

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