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Al Hassan Ghazi Ibrahim Shaker (SAU:1214) Change In Receivables : ﷼-44 Mil (TTM As of Mar. 2024)


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What is Al Hassan Ghazi Ibrahim Shaker Change In Receivables?

Al Hassan Ghazi Ibrahim Shaker's change in receivables for the quarter that ended in Mar. 2024 was ﷼-141 Mil. It means Al Hassan Ghazi Ibrahim Shaker's Accounts Receivable increased by ﷼141 Mil from Dec. 2023 to Mar. 2024 .

Al Hassan Ghazi Ibrahim Shaker's change in receivables for the fiscal year that ended in Dec. 2023 was ﷼-53 Mil. It means Al Hassan Ghazi Ibrahim Shaker's Accounts Receivable increased by ﷼53 Mil from Dec. 2022 to Dec. 2023 .

Al Hassan Ghazi Ibrahim Shaker's Accounts Receivable for the quarter that ended in Mar. 2024 was ﷼468 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. Al Hassan Ghazi Ibrahim Shaker's Days Sales Outstanding for the three months ended in Mar. 2024 was 103.33.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Al Hassan Ghazi Ibrahim Shaker's liquidation value for the three months ended in Mar. 2024 was ﷼-348 Mil.


Al Hassan Ghazi Ibrahim Shaker Change In Receivables Historical Data

The historical data trend for Al Hassan Ghazi Ibrahim Shaker'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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Al Hassan Ghazi Ibrahim Shaker Change In Receivables Chart

Al Hassan Ghazi Ibrahim Shaker Annual Data
Trend Dec12 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.19 7.00 -68.42 28.06 -52.79

Al Hassan Ghazi Ibrahim Shaker 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 -150.58 -22.32 347.53 -227.42 -141.34

Al Hassan Ghazi Ibrahim Shaker 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 ﷼-44 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.


Al Hassan Ghazi Ibrahim Shaker  (SAU:1214) 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.

Al Hassan Ghazi Ibrahim Shaker's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=467.953/413.242*91
=103.33

2. In Ben Graham's calculation of liquidation value, Al Hassan Ghazi Ibrahim Shaker's accounts receivable are only considered to be worth 75% of book value:

Al Hassan Ghazi Ibrahim Shaker'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)
=41.968-925.522+0.75 * 467.953+0.5 * 369.18
=-348

* 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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Al Hassan Ghazi Ibrahim Shaker (SAU:1214) Business Description

Traded in Other Exchanges
N/A
Address
King Fahad Road, Near the Raval Tower, P.O.Box 5124, Shaker Group Building, Alsahafa District, Riyadh, SAU, 11422
Al Hassan Ghazi Ibrahim Shaker is engaged in the trading and wholesale parts, electronic equipment, household equipment and air-conditioners, and maintenance. It also provides agency services for companies in the same business. The company trades for the brands like LG, maytag, Ariston, Indesit, Midea, and Kitchen aid.

Al Hassan Ghazi Ibrahim Shaker (SAU:1214) Headlines

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