Amad Investment and Real Estate Development Co (AMM:AMAD) Receivables Turnover : 4.49 (As of Dec. 2024)

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What is Amad Investment and Real Estate Development Co Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Amad Investment and Real Estate Development Co's Revenue for the six months ended in Dec. 2024 was JOD1.48 Mil. Amad Investment and Real Estate Development Co's average Accounts Receivable for the six months ended in Dec. 2024 was JOD0.33 Mil. Hence, Amad Investment and Real Estate Development Co's Receivables Turnover for the six months ended in Dec. 2024 was 4.49.

Amad Investment and Real Estate Development Co Receivables Turnover Historical Data

The historical data trend for Amad Investment and Real Estate Development Co's Receivables Turnover 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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Amad Investment and Real Estate Development Co Receivables Turnover Chart

Amad Investment and Real Estate Development Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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39.77

13.97

10.70

25.25

4.49

Amad Investment and Real Estate Development Co Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23	Dec24
Receivables Turnover	Get a 7-Day Free Trial											39.77	13.97	10.70	25.25	4.49

Competitive Comparison of Amad Investment and Real Estate Development Co's Receivables Turnover

For the Real Estate Services subindustry, Amad Investment and Real Estate Development Co's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Amad Investment and Real Estate Development Co's Receivables Turnover Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Amad Investment and Real Estate Development Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Amad Investment and Real Estate Development Co's Receivables Turnover falls into.

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Amad Investment and Real Estate Development Co Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Amad Investment and Real Estate Development Co's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	1.476	/ (	(0.119	+	0.538)	/	2 )
=	1.476	/	0.3285
=	4.49

Amad Investment and Real Estate Development Co's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	1.476	/ (	(0.119	+	0.538)	/	2 )
=	1.476	/	0.3285
=	4.49

Amad Investment and Real Estate Development Co (AMM:AMAD) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

Amad Investment and Real Estate Development Co Receivables Turnover Related Terms

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Amad Investment and Real Estate Development Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Amad Investment and Real Estate Development Co (AMM:AMAD) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

Al-Abullah Street, P.O. Box 926179, Building No. 82, Amman-Queen Rania, Amman, JOR

Website

Amad Investment and Real Estate Development Co is a Jordan based company specialized in the purchase and subdivision of lands; establishment and sale of residential projects, and investment in land and properties. It is also involved in the investment and construction of industrial, agricultural, and holiday resort projects, and trades in construction materials. Its completed project includes the Alnaseem project.

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