GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » National Environmental Recycling Co (SAU:9540) » Definitions » Change In Receivables

National Environmental Recycling Co (SAU:9540) Change In Receivables : ﷼-3.9 Mil (TTM As of Jun. 2024)


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

What is National Environmental Recycling Co Change In Receivables?

National Environmental Recycling Co's change in receivables for the quarter that ended in Jun. 2024 was ﷼-3.9 Mil. It means National Environmental Recycling Co's Accounts Receivable increased by ﷼3.9 Mil from Dec. 2023 to Jun. 2024 .

National Environmental Recycling Co's change in receivables for the fiscal year that ended in Dec. 2023 was ﷼0.0 Mil. It means National Environmental Recycling Co's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

National Environmental Recycling Co's Accounts Receivable for the quarter that ended in Jun. 2024 was ﷼55.7 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. National Environmental Recycling Co's Days Sales Outstanding for the six months ended in Jun. 2024 was 25.60.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. National Environmental Recycling Co's liquidation value for the six months ended in Jun. 2024 was ﷼-26.9 Mil.

National Environmental Recycling Co Change In Receivables Historical Data

The historical data trend for National Environmental Recycling 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.

National Environmental Recycling Co Change In Receivables Chart

National Environmental Recycling Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Change In Receivables
- -21.54 -6.68 -

National Environmental Recycling Co Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Change In Receivables Get a 7-Day Free Trial 2.65 -9.33 -3.83 - -3.87

National Environmental Recycling 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 ﷼-3.9 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.

National Environmental Recycling Co  (SAU:9540) 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.

National Environmental Recycling 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
=55.68/396.891*91
=25.60

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

National Environmental Recycling 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)
=9.082-129.622+0.75 * 55.68+0.5 * 103.699
=-26.9

* 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.

National Environmental Recycling Co Change In Receivables Related Terms

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

National Environmental Recycling Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » National Environmental Recycling Co (SAU:9540) » Definitions » Change In Receivables
Comparable Companies
SAU:9597 WM RSG WCN XPAR:VIE GFL CLH CWST XMAD:FCC SHSE:603568 OSL:TOM SZSE:002340 BSP:AMBP3 ASX:CWY SZSE:300779 HKSE:00257 XBRU:UMI SZSE:300070 TSX:SES TSE:9336
Traded in Other Exchanges
N/A
Address
7330, Wadi Waj Road, P.O. Box 3431, Al Malqa District, Riyadh, SAU, 3431-13524
Website
http://www.tadweeer.com
National Environmental Recycling Co provides environmental and safe solutions for the recycling of electronic and electrical equipment, which is in the Middle East and North Africa. Its operational areas comprise Ferrous recycling operations, Non-Ferrous recycling operations, Plastics recycling operations, and ITAD operations. Its recycling categories consist of Consumer and lighting equipment, Home appliances and electrical devices, Computers and their peripherals, televisions, monitors, radios and telephones, Medical equipment, and Surveillance and control equipment, among others.

National Environmental Recycling Co Headlines

No Headlines