Apex Investment PSC (ADX:APEX) Change In Receivables : د.إ6.8 Mil (TTM As of Sep. 2021)

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What is Apex Investment PSC Change In Receivables?

Apex Investment PSC's change in receivables for the quarter that ended in Sep. 2021 was د.إ0.8 Mil. It means Apex Investment PSC's Accounts Receivable declined by د.إ0.8 Mil from Jun. 2021 to Sep. 2021 .

Apex Investment PSC's change in receivables for the fiscal year that ended in Dec. 2020 was د.إ30.6 Mil. It means Apex Investment PSC's Accounts Receivable declined by د.إ30.6 Mil from Dec. 2019 to Dec. 2020 .

Apex Investment PSC's Accounts Receivable for the quarter that ended in Sep. 2021 was د.إ61.5 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. Apex Investment PSC's Days Sales Outstanding for the three months ended in Sep. 2021 was 122.48.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Apex Investment PSC's liquidation value for the three months ended in Sep. 2021 was د.إ11.5 Mil.

Apex Investment PSC Change In Receivables Historical Data

The historical data trend for Apex Investment PSC'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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Apex Investment PSC Change In Receivables Chart

Apex Investment PSC Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Change In Receivables

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-7.91

0.19

-25.98

-8.93

30.62

Apex Investment PSC Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Change In Receivables	Get a 7-Day Free Trial															17.08	6.14	-8.01	7.91	0.80

Apex Investment PSC 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.

Change In Receivables for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ6.8 Mil.

Apex Investment PSC (ADX:APEX) 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.

Apex Investment PSC's Days Sales Outstanding for the quarter that ended in Sep. 2021 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	61.508	/	45.825	*	91
=	122.48

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

Apex Investment PSC's liquidation value for the quarter that ended in Sep. 2021 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	35.046	-	96.934	+	0.75 * 61.508	+	0.5 * 54.48
=	11.5

Apex Investment PSC Change In Receivables Related Terms

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Apex Investment PSC (ADX:APEX) Business Description

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Traded in Other Exchanges

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Address

Khor Khwair, P.O.Box : 2499, Ras Al Khaimah, ARE

Website

http://www.rakcc.ae

Apex Investment PSC formerly Ras Al Khaimah Cement Co operates in the cement industry. The company is mainly engaged in the producing and marketing of portland cement. The company caters to both the UAE market and the foreign market.