Almasane Alkobra Mining Co (SAU:1322) Change In Receivables : ﷼11.1 Mil (TTM As of Mar. 2024)

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What is Almasane Alkobra Mining Co Change In Receivables?

Almasane Alkobra Mining Co's change in receivables for the quarter that ended in Mar. 2024 was ﷼-19.4 Mil. It means Almasane Alkobra Mining Co's Accounts Receivable increased by ﷼19.4 Mil from Dec. 2023 to Mar. 2024 .

Almasane Alkobra Mining Co's change in receivables for the fiscal year that ended in Dec. 2023 was ﷼33.8 Mil. It means Almasane Alkobra Mining Co's Accounts Receivable declined by ﷼33.8 Mil from Dec. 2022 to Dec. 2023 .

Almasane Alkobra Mining Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ﷼148.9 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. Almasane Alkobra Mining Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 101.04.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Almasane Alkobra Mining Co's liquidation value for the three months ended in Mar. 2024 was ﷼-90.6 Mil.

Almasane Alkobra Mining Co Change In Receivables Historical Data

The historical data trend for Almasane Alkobra Mining Co'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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Almasane Alkobra Mining Co Change In Receivables Chart

Almasane Alkobra Mining Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-53.29

-99.72

19.23

33.77

Almasane Alkobra Mining Co Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial									3.32	18.38	1.80	10.27	-19.36

Almasane Alkobra Mining Co 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 ﷼11.1 Mil.

Almasane Alkobra Mining Co (SAU:1322) 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.

Almasane Alkobra Mining Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	148.937	/	134.5	*	91
=	101.04

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

Almasane Alkobra Mining Co'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)
=	11.738	-	264.93	+	0.75 * 148.937	+	0.5 * 101.827
=	-90.6

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Almasane Alkobra Mining Co (SAU:1322) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Almasane Alkobra Mining Co (SAU:1322) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 96, Najran, SAU

Website

https://www.amak.com.sa

Almasane Alkobra Mining Co is engaged in mining non-ferrous metal ores (aluminium, copper, and lead), mining ores of precious metals belonging to the gold, silver, and platinum group, and wholesaling precious metals and gemstones.

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