ADNOC Gas (ADX:ADNOCGAS) Change In Receivables : د.إ-8,423 Mil (TTM As of Dec. 2023)

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What is ADNOC Gas Change In Receivables?

ADNOC Gas's change in receivables for the quarter that ended in Dec. 2023 was د.إ-8,423 Mil. It means ADNOC Gas's Accounts Receivable increased by د.إ8,423 Mil from Dec. 2021 to Dec. 2023 .

ADNOC Gas's change in receivables for the fiscal year that ended in Dec. 2023 was د.إ-8,423 Mil. It means ADNOC Gas's Accounts Receivable increased by د.إ8,423 Mil from Dec. 2021 to Dec. 2023 .

ADNOC Gas's Accounts Receivable for the quarter that ended in Dec. 2023 was د.إ1,000 Mil.

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 Receivable are being managed. ADNOC Gas's Days Sales Outstanding for the six months ended in Dec. 2023 was 2.77.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ADNOC Gas's liquidation value for the six months ended in Dec. 2023 was د.إ-11,396 Mil.

ADNOC Gas Change In Receivables Historical Data

The historical data trend for ADNOC Gas's Change In Receivables 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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ADNOC Gas Change In Receivables Chart

ADNOC Gas Annual Data

Trend

Dec20

Dec21

Dec23

Change In Receivables

-128.56

-14.69

-8,423.24

ADNOC Gas Semi-Annual Data
	Dec20	Dec21	Dec23
Change In Receivables	-128.56	-14.69	-8,423.24

ADNOC Gas Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 was د.إ-8,423 Mil.

ADNOC Gas (ADX:ADNOCGAS) Change In Receivables 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 Receivable are being managed.

ADNOC Gas's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	999.706	/	65765.502	*	91
=	2.77

2. In Ben Graham's calculation of liquidation value, ADNOC Gas's accounts receivable are only considered to be worth 75% of book value:

ADNOC Gas's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	12227.751	-	24709.149	+	0.75 * 999.706	+	0.5 * 670.256
=	-11,396

ADNOC Gas Change In Receivables Related Terms

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ADNOC Gas (ADX:ADNOCGAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ADNOC Gas PLC (ADX:ADNOCGAS) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Corniche Road West, P.O. Box 898, Abu Dhabi, ARE

Website

https://www.adnoc.ae

ADNOC Gas PLC is an integrated gas processing company. It is responsible for operations, maintenance, and marketing across ADNOC's downstream gas processing, liquified natural gas (LNG), and industrial gases businesses.

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