GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » TECOM Group PJSC (DFM:TECOM) » Definitions » Accounts Receivable

TECOM Group PJSC (DFM:TECOM) Accounts Receivable : د.إ116 Mil (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is TECOM Group PJSC Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. TECOM Group PJSC's accounts receivables for the quarter that ended in Mar. 2024 was د.إ116 Mil.

Accounts receivable can be measured by Days Sales Outstanding. TECOM Group PJSC's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 18.77.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. TECOM Group PJSC's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was د.إ-1.49.


TECOM Group PJSC Accounts Receivable Historical Data

The historical data trend for TECOM Group PJSC's Accounts Receivable 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.

* Premium members only.

TECOM Group PJSC Accounts Receivable Chart

TECOM Group PJSC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
83.71 188.20 202.20 150.52 102.16

TECOM Group PJSC Quarterly Data
Dec19 Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 129.97 110.90 110.70 102.16 116.01

TECOM Group PJSC Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


TECOM Group PJSC Accounts Receivable 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 receivables are being managed.

TECOM Group PJSC's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=116.009/564.038*91
=18.77

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), TECOM Group PJSC's accounts receivable are only considered to be worth 75% of book value:

TECOM Group PJSC's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1423.521+0.75 * 116.009+0.5 * 0-8942.299
-0-0)/5000
=-1.49

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


TECOM Group PJSC Accounts Receivable Related Terms

Thank you for viewing the detailed overview of TECOM Group PJSC's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


TECOM Group PJSC (DFM:TECOM) Business Description

Traded in Other Exchanges
N/A
Address
Commercial Building No. 1, Dubai Studio City , P.O. Box 66000, Dubai, ARE
TECOM Group PJSC is a central player in Dubai's business hub proposition and is strongly positioned to benefit from the commercial real estate market and the sustained growth of its broader economy. It offers a range of properties and services to customers. The company divides its operations into four financial segments namely commercial leasing, industrial leasing, land leasing and services, and others.

TECOM Group PJSC (DFM:TECOM) Headlines

No Headlines