Alkhaleej Training and Education Co (SAU:4290) Change In Receivables : ﷼-43 Mil (TTM As of Sep. 2024)

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What is Alkhaleej Training and Education Co Change In Receivables?

Alkhaleej Training and Education Co's change in receivables for the quarter that ended in Sep. 2024 was ﷼14 Mil. It means Alkhaleej Training and Education Co's Accounts Receivable declined by ﷼14 Mil from Jun. 2024 to Sep. 2024 .

Alkhaleej Training and Education Co's change in receivables for the fiscal year that ended in Dec. 2023 was ﷼-64 Mil. It means Alkhaleej Training and Education Co's Accounts Receivable increased by ﷼64 Mil from Dec. 2022 to Dec. 2023 .

Alkhaleej Training and Education Co's Accounts Receivable for the quarter that ended in Sep. 2024 was ﷼386 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. Alkhaleej Training and Education Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 113.05.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Alkhaleej Training and Education Co's liquidation value for the three months ended in Sep. 2024 was ﷼-1,262 Mil.

Alkhaleej Training and Education Co Change In Receivables Historical Data

The historical data trend for Alkhaleej Training and Education 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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Alkhaleej Training and Education Co Change In Receivables Chart

Alkhaleej Training and Education Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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21.06

-80.71

-29.97

-58.91

-63.52

Alkhaleej Training and Education Co 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															-38.57	-46.89	-46.67	35.61	14.50

Alkhaleej Training and Education 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼-43 Mil.

Alkhaleej Training and Education Co (SAU:4290) 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.

Alkhaleej Training and Education Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	386.233	/	311.754	*	91
=	113.05

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

Alkhaleej Training and Education Co'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)
=	38.232	-	1591.319	+	0.75 * 386.233	+	0.5 * 3.359
=	-1,262

Alkhaleej Training and Education Co Change In Receivables Related Terms

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Alkhaleej Training and Education Co Business Description

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Address

Wadi Al-Thumamah, Building No. 8480, Unit No. 5, Olaya, Riyadh, SAU, 12213

Website

https://www.alkhaleej.com.sa

Alkhaleej Training and Education Co and its subsidiaries operate schools for primary and secondary education with an international curriculum, IT & Computer training institutes, teaching languages and communication skills institutes, providing high management consulting services, and integrated office administrative services. Its segments are Training (Computer & Language); University; Management Projects; Smart Link (Call centers) and Schools. It derives prime revenues from the Smart Link (Call centers) segment which provides management and operating services of customer service centers via telephone for a number of companies and bodies.

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