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Arab Aluminium Industry (AMM:AALU) Change In Receivables : JOD-0.13 Mil (TTM As of Mar. 2024)


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What is Arab Aluminium Industry Change In Receivables?

Arab Aluminium Industry's change in receivables for the quarter that ended in Mar. 2024 was JOD0.09 Mil. It means Arab Aluminium Industry's Accounts Receivable declined by JOD0.09 Mil from Dec. 2023 to Mar. 2024 .

Arab Aluminium Industry's change in receivables for the fiscal year that ended in Dec. 2023 was JOD-0.40 Mil. It means Arab Aluminium Industry's Accounts Receivable increased by JOD0.40 Mil from Dec. 2022 to Dec. 2023 .

Arab Aluminium Industry's Accounts Receivable for the quarter that ended in Mar. 2024 was JOD1.54 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. Arab Aluminium Industry's Days Sales Outstanding for the three months ended in Mar. 2024 was 57.02.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Arab Aluminium Industry's liquidation value for the three months ended in Mar. 2024 was JOD1.16 Mil.


Arab Aluminium Industry Change In Receivables Historical Data

The historical data trend for Arab Aluminium Industry'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.

* Premium members only.

Arab Aluminium Industry Change In Receivables Chart

Arab Aluminium Industry Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.43 -0.43 0.31 -0.40

Arab Aluminium Industry Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.18 0.08 -0.30 - 0.09

Arab Aluminium Industry 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was JOD-0.13 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.


Arab Aluminium Industry  (AMM:AALU) 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.

Arab Aluminium Industry's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.544/2.471*91
=57.02

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

Arab Aluminium Industry's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.586-3.928+0.75 * 1.544+0.5 * 4.688
=1.16

* 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.


Arab Aluminium Industry Change In Receivables Related Terms

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Arab Aluminium Industry (AMM:AALU) Business Description

Traded in Other Exchanges
N/A
Address
Ain El-Basha, P. O. Box 35042, Amman, JOR, 11180
Arab Aluminium Industry is engaged in producing all kinds of aluminum. The company manufactures aluminum, extrusion, cutting and pulling profiles, and manufacture raw materials for aluminum. Its products include a Sliding system, Curtain wall and shutters, Hinges system, and curtains. The company conducts operations in the Kingdom, representing local operations.

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