Oman Flour Mills (MUS:OFMI) Change In Receivables: ر.ع-8.6 Mil (TTM As of Dec. 2023)

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MUS:OFMI Oman Flour Mills MUS:OFMI
72 GF Score
Price ر.ع0.57
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What is Oman Flour Mills Change In Receivables?

Oman Flour Mills MUS:OFMI +0.89% 72 Change In Receivables is ر.ع-8.6 Mil as of Dec. 2023. GuruFocus rates MUS:OFMI with a GF Score™ of 72/100.

Oman Flour Mills's change in receivables for the quarter that ended in Dec. 2023 was ر.ع-8.6 Mil. It means Oman Flour Mills's Accounts Receivable increased by ر.ع8.6 Mil from Dec. 2022 to Dec. 2023 .

Oman Flour Mills's change in receivables for the fiscal year that ended in Dec. 2023 was ر.ع-8.6 Mil. It means Oman Flour Mills's Accounts Receivable increased by ر.ع8.6 Mil from Dec. 2022 to Dec. 2023 .

Oman Flour Mills's Accounts Receivable for the quarter that ended in Dec. 2023 was ر.ع21.9 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. Oman Flour Mills's Days Sales Outstanding for the six months ended in Dec. 2023 was 32.24.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Oman Flour Mills's liquidation value for the six months ended in Dec. 2023 was ر.ع-50.4 Mil.

Oman Flour Mills  (MUS:OFMI) 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.

Oman Flour Mills's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=21.898/123.945*91
=32.24

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

Oman Flour Mills'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)
=14.462-93.428+0.75 * 21.898+0.5 * 24.368
=-50.4

* 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.

Oman Flour Mills Change In Receivables Related Terms

Oman Flour Mills Change In Receivables Historical Data

* Premium members only.

The historical data trend for Oman Flour Mills'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.

Oman Flour Mills Change In Receivables Chart

Oman Flour Mills Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.27 -0.94 -3.02 -20.32 -8.55

Oman Flour Mills Semi-Annual Data
Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Dec21 Dec22 Dec23
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 -1.27 -0.94 -3.02 -20.32 -8.55
MUS:OFMI
72GF Score
Oman Flour Mills MUS:OFMI
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Oman Flour Mills 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 was ر.ع-8.6 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.ع-8.6 Mil mean?
Oman Flour Mills (MUS:OFMI) has a Change In Receivables of ر.ع-8.6 Mil as of Dec. 2023. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Oman Flour Mills and its competitors.
Is Oman Flour Mills' Change In Receivables too high?
Oman Flour Mills' current Change In Receivables is ر.ع-8.6 Mil. Overall, Oman Flour Mills has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Oman Flour Mills' Change In Receivables compare to JBS and KHC?
Oman Flour Mills' Change In Receivables of ر.ع-8.6 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Change In Receivables depends on the Consumer Packaged Goods 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 Oman Flour Mills and its competitors. Oman Flour Mills's current Change In Receivables is ر.ع-8.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oman Flour Mills stock overvalued right now?
Oman Flour Mills (MUS:OFMI) has a current Change In Receivables of ر.ع-8.6 Mil. The current Change In Receivables is ر.ع-8.6 Mil. Oman Flour Mills' overall GF Score™ is 72/100. 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 Oman Flour Mills (MUS:OFMI), the current Change In Receivables is ر.ع-8.6 Mil as of Dec. 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.

Oman Flour Mills Business Description

Address P.O. Box 566, Ruwi, OMN, 112
Oman Flour Mills is an Oman-based company engaged in the milling of wheat and other cereals and sale of flour, and the processing and sale of animal feed. In addition, the company through its subsidiaries is also involved in the production and sale of eggs, and selling and distribution of franchise frozen bakery products. The group generates the majority of the revenue from the sale of Feed and related products. The company markets its flour mill products through Dahabi brand and feed mill products through Barakat brand.
72GF Score

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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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