Arabian Centres Co (SAU:4321) Receivables Turnover : 1.52 (As of Dec. 2022)

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What is Arabian Centres 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. Arabian Centres Co's Revenue for the three months ended in Dec. 2022 was ﷼551 Mil. Arabian Centres Co's average Accounts Receivable for the three months ended in Dec. 2022 was ﷼362 Mil. Hence, Arabian Centres Co's Receivables Turnover for the three months ended in Dec. 2022 was 1.52.

Arabian Centres Co Receivables Turnover Historical Data

The historical data trend for Arabian Centres 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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Arabian Centres Co Receivables Turnover Chart

Arabian Centres Co Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Receivables Turnover

8.76

7.97

8.24

7.70

Arabian Centres Co Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Receivables Turnover	Get a 7-Day Free Trial															1.99	2.11	2.14	1.85	1.52

Competitive Comparison of Arabian Centres Co's Receivables Turnover

For the Real Estate Services subindustry, Arabian Centres 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.

Arabian Centres Co's Receivables Turnover Distribution in the Real Estate Industry

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

* The bar in red indicates where Arabian Centres Co's Receivables Turnover falls into.

Arabian Centres Co Receivables Turnover Calculation

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

Arabian Centres Co's Receivables Turnover for the fiscal year that ended in Mar. 2021 is calculated as

	Receivables Turnover (A: Mar. 2021 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2021 )	/ (	(Accounts Receivable (A: Mar. 2020 )	+	Accounts Receivable (A: Mar. 2021 ))	/	count )
=	1856.359	/ (	(234.254	+	247.871)	/	2 )
=	1856.359	/	241.0625
=	7.70

Arabian Centres Co's Receivables Turnover for the quarter that ended in Dec. 2022 is calculated as

	Receivables Turnover (Q: Dec. 2022 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2022 )	/ (	(Accounts Receivable (Q: Sep. 2022 )	+	Accounts Receivable (Q: Dec. 2022 ))	/	count )
=	550.837	/ (	(330.453	+	393.034)	/	2 )
=	550.837	/	361.7435
=	1.52

Arabian Centres Co (SAU:4321) 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.

Arabian Centres Co Receivables Turnover Related Terms

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Arabian Centres Co (SAU:4321) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Arabian Centres Co (SAU:4321) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

8838, Prince Turki Ibn Abdulaziz Al Awwal Road, King Saud University District, Riyadh, SAU, 12373-4925

Website

https://www.arabiancentres.com

Arabian Centres Co is a Saudi Arabia-based company. The company owns, operates, and develops lifestyle centers. Its principal activities include the purchase of land for the construction of buildings, development, and investment by selling or renting and contracting works for residential and commercial buildings, including demolition, restoration, drilling, and maintenance work. The company also provides maintenance and operation of commercial centers, tourist resorts, hotels, and restaurants, as well as managing and operating temporary and permanent exhibitions, compounds, and hospitals. It derives the vast majority of its revenue from rental income.

Arabian Centres Co (SAU:4321) Headlines

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