Riyadh Cement Co (SAU:3092) Change In Receivables : ﷼-6.5 Mil (TTM As of Dec. 2023)

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What is Riyadh Cement Co Change In Receivables?

Riyadh Cement Co's change in receivables for the quarter that ended in Dec. 2023 was ﷼-0.9 Mil. It means Riyadh Cement Co's Accounts Receivable increased by ﷼0.9 Mil from Jun. 2023 to Dec. 2023 .

Riyadh Cement Co's change in receivables for the fiscal year that ended in Dec. 2023 was ﷼-6.5 Mil. It means Riyadh Cement Co's Accounts Receivable increased by ﷼6.5 Mil from Dec. 2022 to Dec. 2023 .

Riyadh Cement Co's Accounts Receivable for the quarter that ended in Dec. 2023 was ﷼211.6 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. Riyadh Cement Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 129.31.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Riyadh Cement Co's liquidation value for the six months ended in Dec. 2023 was ﷼246.8 Mil.

Riyadh Cement Co Change In Receivables Historical Data

The historical data trend for Riyadh Cement Co'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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Riyadh Cement Co Change In Receivables Chart

Riyadh Cement Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-12.55

-21.04

-79.34

6.59

-6.48

Riyadh Cement Co Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial					-9.98	4.17	2.42	-5.62	-0.87

Riyadh Cement Co 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ﷼-6.5 Mil.

Riyadh Cement Co (SAU:3092) 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.

Riyadh Cement Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	211.595	/	298.632	*	91
=	129.31

2. In Ben Graham's calculation of liquidation value, Riyadh Cement Co's accounts receivable are only considered to be worth 75% of book value:

Riyadh Cement Co's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	101.925	-	158.74	+	0.75 * 211.595	+	0.5 * 289.884
=	246.8

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Riyadh Cement Co (SAU:3092) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Riyadh Cement Co (SAU:3092) » Definitions » Change In Receivables

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Address

AL Imam Saud Ibn Abdul Aziz Ibn Mohammad Road, PO Box 17775, Riyadh, SAU, 11494

Website

https://riyadhcement.com.sa

Riyadh Cement Co, formerly Saudi White Cement Co is engaged in the manufacturing of cement. The company manufactures cement, white cement, gray cement, clinker, building materials, and portland cement.

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