Academy of Learning Co (SAU:9541) Accounts Receivable : ﷼21.79 Mil (As of Jun. 2023)

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

What is Academy of Learning Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Academy of Learning Co's accounts receivables for the quarter that ended in Jun. 2023 was ﷼21.79 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Academy of Learning Co's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 102.42.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Academy of Learning Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was ﷼-0.57.

Academy of Learning Co Accounts Receivable Historical Data

The historical data trend for Academy of Learning 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.

Academy of Learning Co Accounts Receivable Chart

Academy of Learning Co Annual Data

Trend

Dec21

Dec22

Accounts Receivable

12.82

17.60

Academy of Learning Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23
Accounts Receivable	12.82	-	17.60	21.79

Academy of Learning Co Accounts Receivable Calculation

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

Academy of Learning 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.

Academy of Learning Co's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	21.788	/	38.823	*	91
=	102.42

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

Academy of Learning Co'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)
=	(16.129	+	0.75 * 21.788	+	0.5 * 4.075	-	68.989
-	0	-	0)	/	60
=	-0.57

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.

Academy of Learning Co Accounts Receivable Related Terms

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

Academy of Learning Co (SAU:9541) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Academy of Learning Co (SAU:9541) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Arabian Gulf Road, Ash Shati Ash Sharqi, Dammam, SAU, 32414

Website

https://www.aol.edu.sa

Academy of Learning Co works in the education and training sector in the Kingdom of Saudi Arabia through education and training institutes in various regions. The company prepares its students to join the job market and equips them with the necessary practical experience through different accredited diploma programs. The activity of the company is wholesale of computers and their accessories, including (selling printers and their inks), administrative training institutes. It provides educational services and has one sector, which is the educational activity. The company operates in the Kingdom of Saudi Arabia and has no geographical sector.

Academy of Learning Co (SAU:9541) Headlines

No Headlines