Alinma Retail REIT Fund (SAU:4345) Receivables Turnover : 6.48 (As of Dec. 2023)

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What is Alinma Retail REIT Fund 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. Alinma Retail REIT Fund's Revenue for the six months ended in Dec. 2023 was ﷼27.57 Mil. Alinma Retail REIT Fund's average Accounts Receivable for the six months ended in Dec. 2023 was ﷼4.25 Mil. Hence, Alinma Retail REIT Fund's Receivables Turnover for the six months ended in Dec. 2023 was 6.48.

Alinma Retail REIT Fund Receivables Turnover Historical Data

The historical data trend for Alinma Retail REIT Fund'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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Alinma Retail REIT Fund Receivables Turnover Chart

Alinma Retail REIT Fund Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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3.31

1.64

3.13

8.17

12.79

Alinma Retail REIT Fund Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial						1.73	3.55	6.66	6.91	6.48

Competitive Comparison of Alinma Retail REIT Fund's Receivables Turnover

For the REIT - Retail subindustry, Alinma Retail REIT Fund'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.

Alinma Retail REIT Fund's Receivables Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Alinma Retail REIT Fund's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Alinma Retail REIT Fund's Receivables Turnover falls into.

Alinma Retail REIT Fund Receivables Turnover Calculation

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

Alinma Retail REIT Fund'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 )
=	51.633	/ (	(3.265	+	4.809)	/	2 )
=	51.633	/	4.037
=	12.79

Alinma Retail REIT Fund's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	27.571	/ (	(3.7	+	4.809)	/	2 )
=	27.571	/	4.2545
=	6.48

Alinma Retail REIT Fund (SAU:4345) 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.

Alinma Retail REIT Fund Receivables Turnover Related Terms

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Alinma Retail REIT Fund (SAU:4345) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Alinma Retail REIT Fund (SAU:4345) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

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Address

King Fahad Road, P.O. Box 55560, Al Anoud Tower 2, Riyadh, SAU, 11544

Website

http://www.alinmainvest.com

Alinma Retail REIT Fund is a closed-end real estate investment traded fund. The company invests in real estate assets within the Kingdom of Saudi Arabia to generate periodic rental income and potential of capital appreciation. It is focusing on the retail sector which includes retail shopping malls.

Alinma Retail REIT Fund (SAU:4345) Headlines

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