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SALudi Logistics Services Co (SAU:4263) Change In Receivables : ﷼-64.7 Mil (TTM As of Mar. 2024)


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What is SALudi Logistics Services Co Change In Receivables?

SALudi Logistics Services Co's change in receivables for the quarter that ended in Mar. 2024 was ﷼-64.7 Mil. It means SALudi Logistics Services Co's Accounts Receivable increased by ﷼64.7 Mil from Dec. 2023 to Mar. 2024 .

SALudi Logistics Services Co's change in receivables for the fiscal year that ended in Dec. 2023 was ﷼-176.7 Mil. It means SALudi Logistics Services Co's Accounts Receivable increased by ﷼176.7 Mil from Dec. 2022 to Dec. 2023 .

SALudi Logistics Services Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ﷼459.0 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. SALudi Logistics Services Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 92.55.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SALudi Logistics Services Co's liquidation value for the three months ended in Mar. 2024 was ﷼-516.0 Mil.

SALudi Logistics Services Co Change In Receivables Historical Data

The historical data trend for SALudi Logistics Services 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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SALudi Logistics Services Co Change In Receivables Chart

SALudi Logistics Services Co Annual Data
Trend Dec22 Dec23
Change In Receivables
-64.18 -176.68

SALudi Logistics Services Co Quarterly Data
Dec22 Mar23 Dec23 Mar24
Change In Receivables - 24.04 - -64.73

SALudi Logistics Services 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼-64.7 Mil.

* 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.

SALudi Logistics Services Co  (SAU:4263) 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.

SALudi Logistics Services Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=458.99/452.526*91
=92.55

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

SALudi Logistics Services Co'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)
=1172.385-2032.581+0.75 * 458.99+0.5 * 0
=-516.0

* 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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SALudi Logistics Services Co (SAU:4263) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SAL Saudi Logistics Services Co (SAU:4263) » Definitions » Change In Receivables
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Traded in Other Exchanges
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Address
Prince Sultan Road, P.O. Box 23525, Zahran Building, Salamah, Jeddah, SAU, 2661
Website
https://www.sal.sa
SAL Saudi Logistics Services Co is a company engaged in providing supply chain solutions in Saudi Arabia. It creates integrated solutions to deliver end-to-end services for businesses across the economy wide supply chain. The company has three streams; Air cargo handling, Terminal handling and logistics solutions. The maximum revenue of the company comes from Terminal Handling.

SALudi Logistics Services Co (SAU:4263) Headlines

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