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Academy of Learning Co (SAU:9541) Change In Receivables : ﷼-17.5 Mil (TTM As of Jun. 2024)


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What is Academy of Learning Co Change In Receivables?

Academy of Learning Co's change in receivables for the quarter that ended in Jun. 2024 was ﷼-10.5 Mil. It means Academy of Learning Co's Accounts Receivable increased by ﷼10.5 Mil from Dec. 2023 to Jun. 2024 .

Academy of Learning Co's change in receivables for the fiscal year that ended in Dec. 2023 was ﷼-11.9 Mil. It means Academy of Learning Co's Accounts Receivable increased by ﷼11.9 Mil from Dec. 2022 to Dec. 2023 .

Academy of Learning Co's Accounts Receivable for the quarter that ended in Jun. 2024 was ﷼38.4 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. Academy of Learning Co's Days Sales Outstanding for the six months ended in Jun. 2024 was 136.17.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Academy of Learning Co's liquidation value for the six months ended in Jun. 2024 was ﷼-44.5 Mil.


Academy of Learning Co Change In Receivables Historical Data

The historical data trend for Academy of Learning 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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Academy of Learning Co Change In Receivables Chart

Academy of Learning Co Annual Data
Trend Dec21 Dec22 Dec23
Change In Receivables
-3.86 -6.33 -11.86

Academy of Learning Co Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Change In Receivables Get a 7-Day Free Trial -4.81 -1.52 -4.96 -6.91 -10.55

Academy of Learning 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 ﷼-17.5 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.


Academy of Learning Co  (SAU:9541) 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.

Academy of Learning 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
=38.393/51.456*91
=136.17

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

Academy of Learning 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)
=6.185-81.716+0.75 * 38.393+0.5 * 4.482
=-44.5

* 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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Academy of Learning Co Business Description

Traded in Other Exchanges
N/A
Address
Arabian Gulf Road, Ash Shati Ash Sharqi, Dammam, SAU, 32414
Academy of Learning Co operates in the education and training sector in the Kingdom of Saudi Arabia. It has education and training institutes in various regions, preparing students to enter the job market with practical experience through accredited diploma programs. The company's activities include wholesale of computers and their accessories, including printers and inks, as well as administrative training institutes. It provides educational services and operates solely within the Kingdom of Saudi Arabia, with no geographical sector.

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