Saudi Parts Center Co (SAU:9533) Accounts Receivable : ﷼20.3 Mil (As of Dec. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Saudi Parts Center Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Saudi Parts Center Co's accounts receivables for the quarter that ended in Dec. 2024 was ﷼20.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Saudi Parts Center Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 63.22.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Saudi Parts Center Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ﷼-2.23.

Saudi Parts Center Co Accounts Receivable Historical Data

The historical data trend for Saudi Parts Center 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.

* Premium members only.

Saudi Parts Center Co Accounts Receivable Chart

Saudi Parts Center Co Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Accounts Receivable

11.34

15.18

20.33

Saudi Parts Center Co Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Receivable	Get a 7-Day Free Trial			11.34	10.35	15.18	17.18	20.33

Saudi Parts Center Co Accounts Receivable Calculation

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

Saudi Parts Center 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.

Saudi Parts Center Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	20.332	/	58.697	*	91
=	63.22

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

Saudi Parts Center Co'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)
=	(4.273	+	0.75 * 20.332	+	0.5 * 52.236	-	52.323
-	0	-	0)	/	3.000
=	-2.23

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 Parts Center Co Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Saudi Parts Center Co's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Saudi Parts Center Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Saudi Parts Center Co (SAU:9533) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

8592 King Fahd Branch Road, Tulip Tower, Al Olaya, Riyadh, SAU, 12333

Website

https://www.spc-parts.com

Saudi Parts Center Co is engaged in repair and maintenance of engines, electric generators and steam generators, wholesale and retail trading of spare parts of truck and heavy transport, agricultural equipment, industrial equipment, construction equipment and machinery.

Saudi Parts Center Co Headlines

No Headlines