Ghitha Holding PJSC (ADX:GHITHA) Change In Receivables : د.إ0 Mil (TTM As of Sep. 2023)

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What is Ghitha Holding PJSC Change In Receivables?

Ghitha Holding PJSC's change in receivables for the quarter that ended in Sep. 2023 was د.إ0 Mil. It means Ghitha Holding PJSC's Accounts Receivable stayed the same from Jun. 2023 to Sep. 2023 .

Ghitha Holding PJSC's change in receivables for the fiscal year that ended in Dec. 2022 was د.إ205 Mil. It means Ghitha Holding PJSC's Accounts Receivable declined by د.إ205 Mil from Dec. 2021 to Dec. 2022 .

Ghitha Holding PJSC's Accounts Receivable for the quarter that ended in Sep. 2023 was د.إ1,158 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. Ghitha Holding PJSC's Days Sales Outstanding for the three months ended in Sep. 2023 was 84.93.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ghitha Holding PJSC's liquidation value for the three months ended in Sep. 2023 was د.إ-78 Mil.

Ghitha Holding PJSC Change In Receivables Historical Data

The historical data trend for Ghitha Holding 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.

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Ghitha Holding PJSC Change In Receivables Chart

Ghitha Holding PJSC Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Change In Receivables

32.62

-13.40

-10.75

204.73

Ghitha Holding PJSC Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23
Change In Receivables	Get a 7-Day Free Trial							-	-	-	-	-

Ghitha Holding 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.

Change In Receivables for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ0 Mil.

Ghitha Holding PJSC (ADX:GHITHA) 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.

Ghitha Holding PJSC's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1158.334	/	1244.488	*	91
=	84.93

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

Ghitha Holding PJSC's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1516.537	-	2674.01	+	0.75 * 1158.334	+	0.5 * 420.67
=	-78

Ghitha Holding PJSC Change In Receivables Related Terms

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Ghitha Holding PJSC (ADX:GHITHA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Ghitha Holding PJSC (ADX:GHITHA) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Meena Zayed Port Area, P.O. Box 53314, Abu Dhabi, ARE

Website

https://www.ghitha.com

Ghitha Holding PJSC is engaged in trading, re-packaging, storage, and distribution of food and non-food products. The product portfolio includes dry food products, canned foods, frozen food, processed food items, household items, stationeries, disposables, toiletries, chemicals, and other products.

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