Al Seer Marine Supplies & Equipment PJSC (ADX:ASM) Change In Receivables: د.إ-249 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ADX:ASM Al Seer Marine Supplies & Equipment PJSC ADX:ASM
68 GF Score
Price د.إ1.92
GF Value د.إ4.59
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Al Seer Marine Supplies & Equipment PJSC Change In Receivables?

Al Seer Marine Supplies & Equipment PJSC ADX:ASM +0.52% 68 Change In Receivables is د.إ-249 Mil as of Dec. 2025. GuruFocus rates ADX:ASM with a GF Score™ of 68/100 and a GF Value™ of د.إ4.59 (Possible Value Trap). The stock has 5 warning signs investors should review.

Al Seer Marine Supplies & Equipment PJSC's change in receivables for the quarter that ended in Dec. 2025 was د.إ-249 Mil. It means Al Seer Marine Supplies & Equipment PJSC's Accounts Receivable increased by د.إ249 Mil from Dec. 2024 to Dec. 2025 .

Al Seer Marine Supplies & Equipment PJSC's change in receivables for the fiscal year that ended in Dec. 2025 was د.إ-249 Mil. It means Al Seer Marine Supplies & Equipment PJSC's Accounts Receivable increased by د.إ249 Mil from Dec. 2024 to Dec. 2025 .

Al Seer Marine Supplies & Equipment PJSC's Accounts Receivable for the quarter that ended in Dec. 2025 was د.إ86 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. Al Seer Marine Supplies & Equipment PJSC's Days Sales Outstanding for the six months ended in Dec. 2025 was 11.67.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Al Seer Marine Supplies & Equipment PJSC's liquidation value for the six months ended in Dec. 2025 was د.إ1,312 Mil.


Al Seer Marine Supplies & Equipment PJSC  (ADX:ASM) 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.

Al Seer Marine Supplies & Equipment PJSC's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=86.203/1348.178*91
=11.67

2. In Ben Graham's calculation of liquidation value, Al Seer Marine Supplies & Equipment PJSC's accounts receivable are only considered to be worth 75% of book value:

Al Seer Marine Supplies & Equipment PJSC's liquidation value for the quarter that ended in Dec. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=5148.306-3903.36+0.75 * 86.203+0.5 * 4.414
=1,312

* 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.


Al Seer Marine Supplies & Equipment PJSC Change In Receivables Related Terms


Al Seer Marine Supplies & Equipment PJSC Change In Receivables Historical Data

* Premium members only.

The historical data trend for Al Seer Marine Supplies & Equipment PJSC'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.

Al Seer Marine Supplies & Equipment PJSC Change In Receivables Chart

Al Seer Marine Supplies & Equipment PJSC Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial 87.91 -0.22 -109.23 10.13 -248.78

Al Seer Marine Supplies & Equipment PJSC Semi-Annual Data
Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables Get a 7-Day Free Trial 87.91 -0.22 -109.23 10.13 -248.78
ADX:ASM
68GF Score
Al Seer Marine Supplies & Equipment PJSC ADX:ASM
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Al Seer Marine Supplies & Equipment PJSC 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. 2025 was د.إ-249 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of د.إ-249 Mil mean?
Al Seer Marine Supplies & Equipment PJSC (ADX:ASM) has a Change In Receivables of د.إ-249 Mil as of Dec. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Al Seer Marine Supplies & Equipment PJSC and its competitors.
Is Al Seer Marine Supplies & Equipment PJSC's Change In Receivables too high?
Al Seer Marine Supplies & Equipment PJSC's current Change In Receivables is د.إ-249 Mil. Overall, Al Seer Marine Supplies & Equipment PJSC has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Al Seer Marine Supplies & Equipment PJSC's Change In Receivables compare to KEX?
Al Seer Marine Supplies & Equipment PJSC's Change In Receivables of د.إ-249 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Transportation company?
A good Change In Receivables depends on the Transportation industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Al Seer Marine Supplies & Equipment PJSC and its competitors. Al Seer Marine Supplies & Equipment PJSC's current Change In Receivables is د.إ-249 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Seer Marine Supplies & Equipment PJSC stock overvalued right now?
Based on GuruFocus' analysis, Al Seer Marine Supplies & Equipment PJSC (ADX:ASM) is currently considered Possible Value Trap. The stock's GF Value™ is د.إ4.59, compared to a current price of د.إ1.92 — trading 58.2% below its estimated fair value. The current Change In Receivables is د.إ-249 Mil. Al Seer Marine Supplies & Equipment PJSC's overall GF Score™ is 68/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Al Seer Marine Supplies & Equipment PJSC (ADX:ASM), the current Change In Receivables is د.إ-249 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Al Seer Marine Supplies & Equipment PJSC (ADX:ASM) Overvalued in 2026?

Based on GuruFocus' analysis, Al Seer Marine Supplies & Equipment PJSC stock appears to be undervalued. The current stock price of د.إ1.92 is trading 58.2% below its estimated GF Value™ of د.إ4.59. GuruFocus considers Al Seer Marine Supplies & Equipment PJSC to be Possible Value Trap.

Key valuation signals for ADX:ASM:

  • Change In Receivables: د.إ-249 Mil
  • GF Value™: د.إ4.59 vs. price of د.إ1.92 (58.2% below fair value)
  • GF Score™: 68/100 with 5 warning signs

No single metric tells the full story. See the ADX:ASM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Al Seer Marine Supplies & Equipment PJSC Business Description

Address Plot Number A-20, Sector MW-5, P.O. Box 33639, Mussafah Industrial City, Abu Dhabi, ARE
Al Seer Marine Supplies & Equipment PJSC is a maritime organization. Its service portfolio includes commercial shipping, yachting, boat building, large-scale 3D printing, unmanned vessel platforms and capabilities. The company has three segments, namely commercial shipping (commercial shipping, cargo, trade and maritime assets), yachting (management, maintenance, crewing and operations), IDT (3D printing, maintenance services, training, unmanned systems and capability development, construction & manufacturing new builds, boat building, ship building, naval architecture and engineering) and defense & security consultancy, unmanned systems, through life support and training). The majority of the company's revenue is derived from the Commercial shipping segment.
68GF Score

Get the complete analysis for ADX:ASM

Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ1.92
Price
د.إ4.59
GF Value