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Al Ashghal Al Moysra Co (SAU:9608) Accounts Receivable : ﷼31.20 Mil (As of Dec. 2024)


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What is Al Ashghal Al Moysra Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Al Ashghal Al Moysra Co's accounts receivables for the quarter that ended in Dec. 2024 was ﷼31.20 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Al Ashghal Al Moysra Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 87.09.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Al Ashghal Al Moysra Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ﷼9.26.


Al Ashghal Al Moysra Co Accounts Receivable Historical Data

The historical data trend for Al Ashghal Al Moysra 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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Al Ashghal Al Moysra Co Accounts Receivable Chart

Al Ashghal Al Moysra Co Annual Data
Trend Dec23 Dec24
Accounts Receivable
15.55 31.20

Al Ashghal Al Moysra Co Semi-Annual Data
Dec23 Dec24
Accounts Receivable 15.55 31.20

Al Ashghal Al Moysra Co Accounts Receivable Calculation

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


Al Ashghal Al Moysra 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.

Al Ashghal Al Moysra 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
=31.204/65.389*91
=87.09

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

Al Ashghal Al Moysra 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)
=(10.972+0.75 * 31.204+0.5 * 0.363-12.332
-0-0)/2.400
=9.26

* 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.


Al Ashghal Al Moysra Co Accounts Receivable Related Terms

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Al Ashghal Al Moysra Co Business Description

Traded in Other Exchanges
N/A
Address
King Abdul Aziz Road, 2350 Sakaka Al Jawf, Al-Souq District, Dumat al-Jandal, SAU, 72311
Al Ashghal Al Moysra Co is engaged in the field of logistics facility management, construction, maintenance, cleaning, and logistics services from transport and supply. The services provided by the company include Integrated specialized works, Logistics services sector, Facility Management sector, construction sector, renovation, and others.

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