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National Co for Glass Industries (SAU:2150) Change In Receivables : ﷼8.0 Mil (TTM As of Sep. 2024)


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What is National Co for Glass Industries Change In Receivables?

National Co for Glass Industries's change in receivables for the quarter that ended in Sep. 2024 was ﷼4.7 Mil. It means National Co for Glass Industries's Accounts Receivable declined by ﷼4.7 Mil from Jun. 2024 to Sep. 2024 .

National Co for Glass Industries's change in receivables for the fiscal year that ended in Dec. 2023 was ﷼-7.2 Mil. It means National Co for Glass Industries's Accounts Receivable increased by ﷼7.2 Mil from Dec. 2022 to Dec. 2023 .

National Co for Glass Industries's Accounts Receivable for the quarter that ended in Sep. 2024 was ﷼40.5 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. National Co for Glass Industries's Days Sales Outstanding for the three months ended in Sep. 2024 was 102.24.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. National Co for Glass Industries's liquidation value for the three months ended in Sep. 2024 was ﷼-14.6 Mil.


National Co for Glass Industries Change In Receivables Historical Data

The historical data trend for National Co for Glass Industries'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.

* Premium members only.

National Co for Glass Industries Change In Receivables Chart

National Co for Glass Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.38 6.49 -18.97 -2.73 -7.24

National Co for Glass Industries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 8.33 -0.75 5.78 -1.80 4.74

National Co for Glass Industries 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼8.0 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.


National Co for Glass Industries  (SAU:2150) 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.

National Co for Glass Industries's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=40.499/36.144*91
=102.24

2. In Ben Graham's calculation of liquidation value, National Co for Glass Industries's accounts receivable are only considered to be worth 75% of book value:

National Co for Glass Industries's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=23.115-80.363+0.75 * 40.499+0.5 * 24.463
=-14.6

* 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.


National Co for Glass Industries Change In Receivables Related Terms

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National Co for Glass Industries Business Description

Traded in Other Exchanges
N/A
Address
Po Box 41619, Riyadh, SAU, 11531
National Co for Glass Industries is a company whose principal activity is the manufacture and sale of returnable and non-returnable glass bottles and float glass. It owns two factories in Riyadh and Dammam. The company also invests in the flat glass industry through its associate companies.

National Co for Glass Industries Headlines

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