Union Coop (DFM:UNIONCOOP) Change In Receivables : د.إ24 Mil (TTM As of Dec. 2023)

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What is Union Coop Change In Receivables?

Union Coop's change in receivables for the quarter that ended in Dec. 2023 was د.إ63 Mil. It means Union Coop's Accounts Receivable declined by د.إ63 Mil from Jun. 2023 to Dec. 2023 .

Union Coop's change in receivables for the fiscal year that ended in Dec. 2023 was د.إ24 Mil. It means Union Coop's Accounts Receivable declined by د.إ24 Mil from Dec. 2022 to Dec. 2023 .

Union Coop's Accounts Receivable for the quarter that ended in Dec. 2023 was د.إ12 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. Union Coop's Days Sales Outstanding for the six months ended in Dec. 2023 was 2.49.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Union Coop's liquidation value for the six months ended in Dec. 2023 was د.إ-587 Mil.

Union Coop Change In Receivables Historical Data

The historical data trend for Union Coop'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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Union Coop Change In Receivables Chart

Union Coop Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-26.10

-9.53

31.38

23.89

Union Coop Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial			-	-4.30	35.67	-38.86	62.75

Union Coop 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was د.إ24 Mil.

Union Coop (DFM:UNIONCOOP) 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.

Union Coop's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	11.705	/	858.605	*	91
=	2.49

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

Union Coop's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	154.668	-	893.597	+	0.75 * 11.705	+	0.5 * 285.42
=	-587

Union Coop Change In Receivables Related Terms

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Union Coop (DFM:UNIONCOOP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Union Coop (DFM:UNIONCOOP) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

The Tripoli Street, Al Warqa - 3, Dubai, ARE

Website

https://corporate.unioncoop.ae/ar/

Union Coop is engaged in establishing and managing hypermarkets in the United Arab Emirates. The company has 26 branches, and owns five shopping centers: Al Warqa City Mall, Etihad Mall, Al Barsha South Mall, Al Barsha South Mall and Nad Al Hamar Mall, and launched a chain of stores under the name of Coop, representing new concepts of shopping, as it includes four outlets in addition to one branch of the Mini Coop chain, and Union Coop is the first consumer cooperative in the Middle East to include the concept of smart shopping.

Union Coop (DFM:UNIONCOOP) Headlines

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