ADNOC Logistics & Services (ADX:ADNOCLS) Change In Receivables : د.إ-1,414 Mil (TTM As of Dec. 2023)

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What is ADNOC Logistics & Services Change In Receivables?

ADNOC Logistics & Services's change in receivables for the quarter that ended in Dec. 2023 was د.إ-1,414 Mil. It means ADNOC Logistics & Services's Accounts Receivable increased by د.إ1,414 Mil from Dec. 2022 to Dec. 2023 .

ADNOC Logistics & Services's change in receivables for the fiscal year that ended in Dec. 2023 was د.إ-1,414 Mil. It means ADNOC Logistics & Services's Accounts Receivable increased by د.إ1,414 Mil from Dec. 2022 to Dec. 2023 .

ADNOC Logistics & Services's Accounts Receivable for the quarter that ended in Dec. 2023 was د.إ374 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 Logistics & Services's Days Sales Outstanding for the six months ended in Dec. 2023 was 6.75.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ADNOC Logistics & Services's liquidation value for the six months ended in Dec. 2023 was د.إ-3,626 Mil.

ADNOC Logistics & Services Change In Receivables Historical Data

The historical data trend for ADNOC Logistics & Services'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 Logistics & Services Change In Receivables Chart

ADNOC Logistics & Services Annual Data

Trend

Dec21

Dec22

Dec23

Change In Receivables

638.48

-569.06

-1,414.38

ADNOC Logistics & Services Semi-Annual Data
	Dec21	Dec22	Dec23
Change In Receivables	638.48	-569.06	-1,414.38

ADNOC Logistics & Services 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-1,414 Mil.

ADNOC Logistics & Services (ADX:ADNOCLS) 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 Logistics & Services's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	374.451	/	10119.665	*	91
=	6.75

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

ADNOC Logistics & Services'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)
=	792.299	-	4920.663	+	0.75 * 374.451	+	0.5 * 443.404
=	-3,626

ADNOC Logistics & Services Change In Receivables Related Terms

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ADNOC Logistics & Services (ADX:ADNOCLS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » ADNOC Logistics & Services plc (ADX:ADNOCLS) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

Abu Dhabi Global Market Square, Part of Level 28, 28, Al Sarab Tower, Al Maryah Island, Abu Dhabi, ARE, 764649

Website

https://www.adnoc.ae

ADNOC Logistics & Services plc provides fully-integrated, end-to-end services to ADNOC Group companies and our extensive range of customers in the global energy maritime industry. Its business is organised into six operating segments plus others namely tankers, gas carriers, dry bulk shipping (which includes containers), offshore logistics services, onshore logistics services, marine services, and others.

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