Arabian Contracting Services Co (SAU:4071) Change In Receivables : ﷼-328 Mil (TTM As of Mar. 2024)

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What is Arabian Contracting Services Co Change In Receivables?

Arabian Contracting Services Co's change in receivables for the quarter that ended in Mar. 2024 was ﷼-192 Mil. It means Arabian Contracting Services Co's Accounts Receivable increased by ﷼192 Mil from Dec. 2023 to Mar. 2024 .

Arabian Contracting Services Co's change in receivables for the fiscal year that ended in Dec. 2023 was ﷼-270 Mil. It means Arabian Contracting Services Co's Accounts Receivable increased by ﷼270 Mil from Dec. 2022 to Dec. 2023 .

Arabian Contracting Services Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ﷼1,001 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 Contracting Services Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 208.10.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Arabian Contracting Services Co's liquidation value for the three months ended in Mar. 2024 was ﷼-2,704 Mil.

Arabian Contracting Services Co Change In Receivables Historical Data

The historical data trend for Arabian Contracting Services 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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Arabian Contracting Services Co Change In Receivables Chart

Arabian Contracting Services Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

18.26

-81.09

-215.63

-270.23

Arabian Contracting Services 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									-134.36	-61.38	-22.18	-52.31	-191.86

Arabian Contracting Services 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 ﷼-328 Mil.

Arabian Contracting Services Co (SAU:4071) 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 Contracting Services 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
=	1001.337	/	439.073	*	91
=	208.10

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

Arabian Contracting Services 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)
=	191.9	-	3655.974	+	0.75 * 1001.337	+	0.5 * 18.477
=	-2,704

Arabian Contracting Services Co Change In Receivables Related Terms

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Arabian Contracting Services Co (SAU:4071) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Arabian Contracting Services Co (SAU:4071) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Olaya Towers, Tower B, Floor 33, P.O.Box 55905, Riyadh, SAU, 11544

Website

https://www.al-arabia.com

Arabian Contracting Services Co in setting up and operating outdoor advertising billboards, including roadside advertising and indoor advertising. In roadside advertising, the company participates in the tenders organized by various secretariat, municipalities, and government agencies in all provinces and cities of Saudi Arabia to lease and invest in the many sites belonging to these agencies and secretariat by installing billboards in them and selling these billboards advertising spaces to their clients.

Arabian Contracting Services Co (SAU:4071) Headlines

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