Arabian Drilling Co (SAU:2381) Change In Receivables : ﷼289 Mil (TTM As of Dec. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Arabian Drilling Co Change In Receivables?

Arabian Drilling Co's change in receivables for the quarter that ended in Dec. 2024 was ﷼314 Mil. It means Arabian Drilling Co's Accounts Receivable declined by ﷼314 Mil from Sep. 2024 to Dec. 2024 .

Arabian Drilling Co's change in receivables for the fiscal year that ended in Dec. 2024 was ﷼289 Mil. It means Arabian Drilling Co's Accounts Receivable declined by ﷼289 Mil from Dec. 2023 to Dec. 2024 .

Arabian Drilling Co's Accounts Receivable for the quarter that ended in Dec. 2024 was ﷼315 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. Arabian Drilling Co's Days Sales Outstanding for the three months ended in Dec. 2024 was 33.79.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Arabian Drilling Co's liquidation value for the three months ended in Dec. 2024 was ﷼-3,625 Mil.

Arabian Drilling Co Change In Receivables Historical Data

The historical data trend for Arabian Drilling 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.

* Premium members only.

Arabian Drilling Co Change In Receivables Chart

Arabian Drilling Co Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Change In Receivables

-198.17

-155.78

-267.15

288.63

Arabian Drilling Co Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Change In Receivables	Get a 7-Day Free Trial									-117.06	-11.14	-62.63	47.99	314.40

Arabian Drilling 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼289 Mil.

Arabian Drilling Co (SAU:2381) 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.

Arabian Drilling Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	314.67	/	849.66	*	91
=	33.79

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

Arabian Drilling Co's liquidation value for the quarter that ended in Dec. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	581.807	-	4596.656	+	0.75 * 314.67	+	0.5 * 308.671
=	-3,625

Arabian Drilling Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of Arabian Drilling Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Arabian Drilling Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Arabian Drilling Co (SAU:2381) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O.Box 4110, Al-Khobar, SAU, 31952

Website

https://www.arabdrill.com

Arabian Drilling Co is an onshore and offshore gas and oil rig drilling company in Saudi Arabia. It is principally engaged in the drilling of oil and natural gas wells, operations, maintenance and hauling of rigs, and related activities. The operating segment of the company Provision of drilling and related services through land rigs and the Provision of drilling and related services through off-shore rigs.

Arabian Drilling Co Headlines

No Headlines