TECOM Group PJSC (DFM:TECOM) Change In Receivables : د.إ-41 Mil (TTM As of Mar. 2024)

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What is TECOM Group PJSC Change In Receivables?

TECOM Group PJSC's change in receivables for the quarter that ended in Mar. 2024 was د.إ-54 Mil. It means TECOM Group PJSC's Accounts Receivable increased by د.إ54 Mil from Dec. 2023 to Mar. 2024 .

TECOM Group PJSC's change in receivables for the fiscal year that ended in Dec. 2023 was د.إ6 Mil. It means TECOM Group PJSC's Accounts Receivable declined by د.إ6 Mil from Dec. 2022 to Dec. 2023 .

TECOM Group PJSC's Accounts Receivable for the quarter that ended in Mar. 2024 was د.إ116 Mil.

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 Receivable are being managed. TECOM Group PJSC's Days Sales Outstanding for the three months ended in Mar. 2024 was 18.77.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. TECOM Group PJSC's liquidation value for the three months ended in Mar. 2024 was د.إ-7,432 Mil.

TECOM Group PJSC Change In Receivables Historical Data

The historical data trend for TECOM Group PJSC's Change In Receivables 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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TECOM Group PJSC Change In Receivables Chart

TECOM Group PJSC Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

847.50

-257.33

302.09

527.22

5.58

TECOM Group PJSC Quarterly Data
	Dec19	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial									-7.70	-13.72	-23.84	50.84	-54.29

TECOM Group PJSC Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ-41 Mil.

TECOM Group PJSC (DFM:TECOM) Change In Receivables 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 Receivable 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 liquidation value, TECOM Group PJSC's accounts receivable are only considered to be worth 75% of book value:

TECOM Group PJSC's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1423.521	-	8942.299	+	0.75 * 116.009	+	0.5 * 0
=	-7,432

TECOM Group PJSC Change In Receivables Related Terms

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TECOM Group PJSC (DFM:TECOM) Business Description

Industry

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Traded in Other Exchanges

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Address

Commercial Building No. 1, Dubai Studio City , P.O. Box 66000, Dubai, ARE

Website

https://www.tecomgroup.ae

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.

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