Alnabel International For Islamic Investments(Holding) Co (AMM:SANA) Receivables Turnover : 0.10 (As of Mar. 2024)

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What is Alnabel International For Islamic Investments(Holding) 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. Alnabel International For Islamic Investments(Holding) Co's Revenue for the three months ended in Mar. 2024 was JOD0.01 Mil. Alnabel International For Islamic Investments(Holding) Co's average Accounts Receivable for the three months ended in Mar. 2024 was JOD0.13 Mil. Hence, Alnabel International For Islamic Investments(Holding) Co's Receivables Turnover for the three months ended in Mar. 2024 was 0.10.

Alnabel International For Islamic Investments(Holding) Co Receivables Turnover Historical Data

The historical data trend for Alnabel International For Islamic Investments(Holding) 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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Alnabel International For Islamic Investments(Holding) Co Receivables Turnover Chart

Alnabel International For Islamic Investments(Holding) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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0.15

0.11

0.08

1.16

Alnabel International For Islamic Investments(Holding) Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															-	-	-	1.21	0.10

Competitive Comparison of Alnabel International For Islamic Investments(Holding) Co's Receivables Turnover

For the Capital Markets subindustry, Alnabel International For Islamic Investments(Holding) 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.

Alnabel International For Islamic Investments(Holding) Co's Receivables Turnover Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Alnabel International For Islamic Investments(Holding) Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Alnabel International For Islamic Investments(Holding) Co's Receivables Turnover falls into.

Alnabel International For Islamic Investments(Holding) Co Receivables Turnover Calculation

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

Alnabel International For Islamic Investments(Holding) Co's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	0.17	/ (	(0.152	+	0.141)	/	2 )
=	0.17	/	0.1465
=	1.16

Alnabel International For Islamic Investments(Holding) Co's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	0.013	/ (	(0.141	+	0.123)	/	2 )
=	0.013	/	0.132
=	0.10

Alnabel International For Islamic Investments(Holding) Co (AMM:SANA) 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.

Alnabel International For Islamic Investments(Holding) Co Receivables Turnover Related Terms

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Alnabel International For Islamic Investments(Holding) Co (AMM:SANA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Al Sanabel International For Islamic Investments(Holding) PLC Co (AMM:SANA) » Definitions » Receivables Turnover

Traded in Other Exchanges

N/A

Address

38 Abduallah Ghosheh Street, P.O. Box 142701, Taha Al Husany Building, Office 401, Amman, JOR, 11814

Website

http://www.sanabelintl.com

Al Sanabel International For Islamic Investments(Holding) PLC Co is a Jordan-based company specializing in the provision of investments and investment banking services. The company offers various financial services such as corporate direct investments, and financial advisory services and many more. Its portfolio of investments includes Syria land, Montenegro investment, and Congo forest.