Lumi Rental Co (SAU:4262) Change In Receivables : ﷼-41 Mil (TTM As of Dec. 2024)

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What is Lumi Rental Co Change In Receivables?

Lumi Rental Co's change in receivables for the quarter that ended in Dec. 2024 was ﷼43 Mil. It means Lumi Rental Co's Accounts Receivable declined by ﷼43 Mil from Sep. 2024 to Dec. 2024 .

Lumi Rental Co's change in receivables for the fiscal year that ended in Dec. 2024 was ﷼-41 Mil. It means Lumi Rental Co's Accounts Receivable increased by ﷼41 Mil from Dec. 2023 to Dec. 2024 .

Lumi Rental Co's Accounts Receivable for the quarter that ended in Dec. 2024 was ﷼268 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. Lumi Rental Co's Days Sales Outstanding for the three months ended in Dec. 2024 was 60.91.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Lumi Rental Co's liquidation value for the three months ended in Dec. 2024 was ﷼-1,926 Mil.

Lumi Rental Co Change In Receivables Historical Data

The historical data trend for Lumi Rental 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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Lumi Rental Co Change In Receivables Chart

Lumi Rental Co Annual Data

Trend

Dec22

Dec23

Dec24

Change In Receivables

1.72

-86.33

-40.65

Lumi Rental Co Quarterly Data
	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Change In Receivables	Get a 7-Day Free Trial					-13.38	-51.45	-19.25	-13.38	43.43

Lumi Rental 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 ﷼-41 Mil.

Lumi Rental Co (SAU:4262) 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.

Lumi Rental 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
=	268.423	/	402.128	*	91
=	60.91

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

Lumi Rental 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)
=	29.528	-	2162.082	+	0.75 * 268.423	+	0.5 * 10.365
=	-1,926

Lumi Rental Co Change In Receivables Related Terms

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Lumi Rental Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Lumi Rental Co (SAU:4262) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Imam Saud Bin Abdulaziz Bin Mohammed road, P.O box 6477, Al-Taawun District, Riyadh, SAU, 12476

Website

https://www.lumirental.com

Lumi Rental Co is a Car rental company that offers lease services to corporate and Government sector clients, provides rentals through a network of Thirty airport and city branches across the Kingdom and via digital channels, and sells used vehicles reaching the end of their useful life. The company has three reportable segments which are Leasing segment includes Providing vehicles on long-term leases to corporate and government customers. Rental segment includes Providing vehicles on daily, weekly, and monthly rentals to walking and corporate customers, and Used car sale segment provides the sale of vehicles that have completed their economical life as per management policy. Key revenue is generated from leasing.

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