AlMuneef Co For Trade Industry Agriculture And Contracting (SAU:9569) Change In Receivables : ﷼-5.0 Mil (TTM As of Dec. 2023)

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What is AlMuneef Co For Trade Industry Agriculture And Contracting Change In Receivables?

AlMuneef Co For Trade Industry Agriculture And Contracting's change in receivables for the quarter that ended in Dec. 2023 was ﷼0.4 Mil. It means AlMuneef Co For Trade Industry Agriculture And Contracting's Accounts Receivable declined by ﷼0.4 Mil from Jun. 2023 to Dec. 2023 .

AlMuneef Co For Trade Industry Agriculture And Contracting's change in receivables for the fiscal year that ended in Dec. 2023 was ﷼-5.0 Mil. It means AlMuneef Co For Trade Industry Agriculture And Contracting's Accounts Receivable increased by ﷼5.0 Mil from Dec. 2022 to Dec. 2023 .

AlMuneef Co For Trade Industry Agriculture And Contracting's Accounts Receivable for the quarter that ended in Dec. 2023 was ﷼17.0 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. AlMuneef Co For Trade Industry Agriculture And Contracting's Days Sales Outstanding for the six months ended in Dec. 2023 was 25.44.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. AlMuneef Co For Trade Industry Agriculture And Contracting's liquidation value for the six months ended in Dec. 2023 was ﷼41.9 Mil.

AlMuneef Co For Trade Industry Agriculture And Contracting Change In Receivables Historical Data

The historical data trend for AlMuneef Co For Trade Industry Agriculture And Contracting'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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AlMuneef Co For Trade Industry Agriculture And Contracting Change In Receivables Chart

AlMuneef Co For Trade Industry Agriculture And Contracting Annual Data

Trend

Dec21

Dec22

Dec23

Change In Receivables

-7.61

-4.99

AlMuneef Co For Trade Industry Agriculture And Contracting Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Change In Receivables	-9.37	1.76	-5.38	0.40

AlMuneef Co For Trade Industry Agriculture And Contracting 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ﷼-5.0 Mil.

AlMuneef Co For Trade Industry Agriculture And Contracting (SAU:9569) 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.

AlMuneef Co For Trade Industry Agriculture And Contracting's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	17.002	/	121.958	*	91
=	25.44

2. In Ben Graham's calculation of liquidation value, AlMuneef Co For Trade Industry Agriculture And Contracting's accounts receivable are only considered to be worth 75% of book value:

AlMuneef Co For Trade Industry Agriculture And Contracting's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	30.048	-	18.308	+	0.75 * 17.002	+	0.5 * 34.914
=	41.9

AlMuneef Co For Trade Industry Agriculture And Contracting Change In Receivables Related Terms

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AlMuneef Co For Trade Industry Agriculture And Contracting (SAU:9569) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » AlMuneef Co For Trade Industry Agriculture And Contracting (SAU:9569) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Building No. 5065, Unit No. 1, Al-Manakh District, Riyadh, SAU, 14314

Website

https://www.almuneef.com

AlMuneef Co For Trade Industry Agriculture And Contracting is engaged in the business which includes operating quarries, cutting and sawing marble, renovation of residential and non-residential buildings, wholesale of chemical fertilizers and soil conditioners, and pesticides, as listed in the commercial register. wholesale of pesticides, wholesale of health pesticides, and retail of pesticides. Fuel for automobiles and motorcycles (gas stations), retail of seedlings and saplings of agricultural products, retail of plant seeds, fertilizers, and soil conditioners, retail of agricultural pesticides, land transportation of goods, silo storage of grains, flour, and agricultural products.

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