Emirates Central Cooling Systems PJSC (DFM:EMPOWER) Change In Receivables : د.إ38 Mil (TTM As of Dec. 2024)

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What is Emirates Central Cooling Systems PJSC Change In Receivables?

Emirates Central Cooling Systems PJSC's change in receivables for the quarter that ended in Dec. 2024 was د.إ233 Mil. It means Emirates Central Cooling Systems PJSC's Accounts Receivable declined by د.إ233 Mil from Sep. 2024 to Dec. 2024 .

Emirates Central Cooling Systems PJSC's change in receivables for the fiscal year that ended in Dec. 2024 was د.إ38 Mil. It means Emirates Central Cooling Systems PJSC's Accounts Receivable declined by د.إ38 Mil from Dec. 2023 to Dec. 2024 .

Emirates Central Cooling Systems PJSC's Accounts Receivable for the quarter that ended in Dec. 2024 was د.إ162 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. Emirates Central Cooling Systems PJSC's Days Sales Outstanding for the three months ended in Dec. 2024 was 17.89.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Emirates Central Cooling Systems PJSC's liquidation value for the three months ended in Dec. 2024 was د.إ-5,649 Mil.

Emirates Central Cooling Systems PJSC Change In Receivables Historical Data

The historical data trend for Emirates Central Cooling Systems 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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Emirates Central Cooling Systems PJSC Change In Receivables Chart

Emirates Central Cooling Systems PJSC Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

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-74.15

16.88

-104.91

28.58

37.57

Emirates Central Cooling Systems PJSC Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Change In Receivables	Get a 7-Day Free Trial												191.94	28.41	-161.99	-61.85	233.00

Emirates Central Cooling Systems 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ38 Mil.

Emirates Central Cooling Systems PJSC (DFM:EMPOWER) 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.

Emirates Central Cooling Systems PJSC's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	161.551	/	823.897	*	91
=	17.89

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

Emirates Central Cooling Systems PJSC's liquidation value for the quarter that ended in Dec. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2012.306	-	7809.711	+	0.75 * 161.551	+	0.5 * 53.789
=	-5,649

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Emirates Central Cooling Systems PJSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Emirates Central Cooling Systems Corp PJSC (DFM:EMPOWER) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Jumeirah Beach Road, 2nd December Street, P O Box 8081, Al Hudaiba Awards Building, Block A, 8th Floor, Opposite Etihad Museum, Dubai, ARE

Website

https://www.empower.ae

Emirates Central Cooling Systems Corp PJSC engages in offering district cooling services (DCS). It engages in the centralized production and distribution of cooling energy. The firm provides its services to a portfolio of projects such as Deira Waterfront, Blue Waters, Jumeirah Group, Jumeirah Beach Residence, Dubai International Financial Centre, Business Bay, Dubai Healthcare City, Jumeirah Lake Towers, Palm Jumeirah, Discovery Gardens, Ibn Battuta Mall, Dubai Design District, Dubai Production City and many more. The company has two segments: the Chilled water segment and the Pre-insulated pipe business segment. Its geographical segments include the United Arab Emirates and Kuwait.

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