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Saudi Parts Center Co (SAU:9533) Change In Receivables : ﷼-5.5 Mil (TTM As of Jun. 2024)


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What is Saudi Parts Center Co Change In Receivables?

Saudi Parts Center Co's change in receivables for the quarter that ended in Jun. 2024 was ﷼-2.2 Mil. It means Saudi Parts Center Co's Accounts Receivable increased by ﷼2.2 Mil from Dec. 2023 to Jun. 2024 .

Saudi Parts Center Co's change in receivables for the fiscal year that ended in Dec. 2023 was ﷼-3.5 Mil. It means Saudi Parts Center Co's Accounts Receivable increased by ﷼3.5 Mil from Dec. 2022 to Dec. 2023 .

Saudi Parts Center Co's Accounts Receivable for the quarter that ended in Jun. 2024 was ﷼17.2 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. Saudi Parts Center Co's Days Sales Outstanding for the six months ended in Jun. 2024 was 59.58.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Saudi Parts Center Co's liquidation value for the six months ended in Jun. 2024 was ﷼-11.2 Mil.

Saudi Parts Center Co Change In Receivables Historical Data

The historical data trend for Saudi Parts Center 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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Saudi Parts Center Co Change In Receivables Chart

Saudi Parts Center Co Annual Data
Trend Dec21 Dec22 Dec23
Change In Receivables
- -5.52 -3.55

Saudi Parts Center Co Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Change In Receivables Get a 7-Day Free Trial -2.30 -3.22 -0.26 -3.29 -2.17

Saudi Parts Center 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ﷼-5.5 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.

Saudi Parts Center Co  (SAU:9533) 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.

Saudi Parts Center Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=17.176/52.613*91
=59.58

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

Saudi Parts Center Co's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=6.257-58.383+0.75 * 17.176+0.5 * 56.02
=-11.2

* 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.

Saudi Parts Center Co Change In Receivables Related Terms

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Saudi Parts Center Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Saudi Parts Center Co (SAU:9533) » Definitions » Change In Receivables
Comparable Companies
SAU:9624 TSE:6902 TSE:5108 XPAR:ML SHSE:600660 SHSE:601689 GPC XKRX:012330 APTV XTER:CON TSE:5802 XTER:KBX MBLY TSX:MG LKQ NSE:MOTHERSON XTER:HLE SZSE:002920 BOM:500530 TSE:7259
Traded in Other Exchanges
N/A
Address
8592 King Fahd Branch Road, Tulip Tower, Al Olaya, Riyadh, SAU, 12333
Website
https://www.spc-parts.com
Saudi Parts Center Co is engaged in repair and maintenance of engines, electric generators and steam generators, wholesale and retail trading of spare parts of truck and heavy transport, agricultural equipment, industrial equipment, construction equipment and machinery.

Saudi Parts Center Co Headlines

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