The Financial CoOG (MUS:FINC) Change In Receivables: ر.ع3.45 Mil (TTM As of Mar. 2023)

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What is The Financial CoOG Change In Receivables?

The Financial CoOG MUS:FINC Change In Receivables is ر.ع3.45 Mil as of Mar. 2023.

The Financial CoOG's change in receivables for the quarter that ended in Mar. 2023 was ر.ع-0.64 Mil. It means The Financial CoOG's Accounts Receivable increased by ر.ع0.64 Mil from Dec. 2022 to Mar. 2023 .

The Financial CoOG's change in receivables for the fiscal year that ended in Dec. 2022 was ر.ع-0.06 Mil. It means The Financial CoOG's Accounts Receivable increased by ر.ع0.06 Mil from Dec. 2021 to Dec. 2022 .

The Financial CoOG's Accounts Receivable for the quarter that ended in Mar. 2023 was ر.ع1.07 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. The Financial CoOG's Days Sales Outstanding for the three months ended in Mar. 2023 was 826.66.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. The Financial CoOG's liquidation value for the three months ended in Mar. 2023 was ر.ع0.58 Mil.

The Financial CoOG  (MUS:FINC) 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.

The Financial CoOG's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.069/0.118*91
=826.66

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

The Financial CoOG's liquidation value for the quarter that ended in Mar. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.994-1.215+0.75 * 1.069+0.5 * 0
=0.58

* 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.

The Financial CoOG Change In Receivables Related Terms

The Financial CoOG Change In Receivables Historical Data

* Premium members only.

The historical data trend for The Financial CoOG'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.

The Financial CoOG Change In Receivables Chart

The Financial CoOG Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Dec16 Dec17 Dec21 Dec22
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.02 -0.67 0.18 -0.06

The Financial CoOG Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -4.15 3.73 -0.31 0.67 -0.64

The Financial CoOG 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ر.ع3.45 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 ر.ع3.45 Mil mean?
The Financial CoOG (MUS:FINC) has a Change In Receivables of ر.ع3.45 Mil as of Mar. 2023. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for The Financial CoOG and its competitors.
Is The Financial CoOG's Change In Receivables too high?
The Financial CoOG's current Change In Receivables is ر.ع3.45 Mil.
How does The Financial CoOG's Change In Receivables compare to MS and GS?
The Financial CoOG's Change In Receivables of ر.ع3.45 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Change In Receivables depends on the Capital Markets 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 The Financial CoOG and its competitors. The Financial CoOG's current Change In Receivables is ر.ع3.45 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Financial CoOG stock overvalued right now?
The Financial CoOG (MUS:FINC) has a current Change In Receivables of ر.ع3.45 Mil. The current Change In Receivables is ر.ع3.45 Mil. 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 The Financial CoOG (MUS:FINC), the current Change In Receivables is ر.ع3.45 Mil as of Mar. 2023. 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.

The Financial CoOG Business Description

Address AlAthaiba - Way 48 AlAthaiba street, P.O.Box 782, Ruwi, OMN, 131
The Financial Corp Co SAOG is an Oman-based company engaged in the provision of investment banking and financial services. The company's operating segment includes Corporate Finance, Asset Management, Brokerage, and Corporate Research. Its Corporate Finance and advisory division offers the initial public offering, rights issues, private placement, private equity, mergers and acquisitions, divestments and others services. The Asset Management division manages two open-ended listed funds namely Al Amal Fund JIA and Majan Capital Fund JIA as well as discretionary portfolio management services. Brokerage division provides brokerage services. The Corporate Research division carries out research on the economy, financial markets, economic sectors, and corporations.