Bahrain Car Parks Co (Amakin) BSC (BAH:CPARK) Accounts Receivable : BHD0.33 Mil (As of Mar. 2024)

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What is Bahrain Car Parks Co (Amakin) BSC Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bahrain Car Parks Co (Amakin) BSC's accounts receivables for the quarter that ended in Mar. 2024 was BHD0.33 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bahrain Car Parks Co (Amakin) BSC's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 40.72.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bahrain Car Parks Co (Amakin) BSC's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was BHD0.06.

Bahrain Car Parks Co (Amakin) BSC Accounts Receivable Historical Data

The historical data trend for Bahrain Car Parks Co (Amakin) BSC'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.

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Bahrain Car Parks Co (Amakin) BSC Accounts Receivable Chart

Bahrain Car Parks Co (Amakin) BSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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0.37

0.22

0.14

0.13

0.36

Bahrain Car Parks Co (Amakin) BSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial															1.02	0.41	0.31	0.36	0.33

Bahrain Car Parks Co (Amakin) BSC Accounts Receivable Calculation

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

Bahrain Car Parks Co (Amakin) BSC 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.

Bahrain Car Parks Co (Amakin) BSC's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.328	/	0.735	*	91
=	40.72

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Bahrain Car Parks Co (Amakin) BSC's accounts receivable are only considered to be worth 75% of book value:

Bahrain Car Parks Co (Amakin) BSC'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)
=	(8.809	+	0.75 * 0.328	+	0.5 * 0.041	-	2.178
-	0	-	0)	/	109.303
=	0.06

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.

Bahrain Car Parks Co (Amakin) BSC Accounts Receivable Related Terms

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Bahrain Car Parks Co (Amakin) BSC (BAH:CPARK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Bahrain Car Parks Co (Amakin) BSC (BAH:CPARK) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

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Address

Building No.128 Government Avenue, Road No. 383, 2nd Floor Office No. 2009, P.O. Box 5298, Block No.316, Car Parks & Commercial Centre, Manama, BHR

Website

https://www.carparks.bh

Bahrain Car Parks Co (Amakin) BSC is engaged in the sale of other machinery equipment and parts, other marketing promotion activities, operation of car parks, and other activities. Its business segments include Car Park Services, which provides car parks for the public in return for parking charges; Property Rental Income, which is involved in the management, maintenance, and renting of properties; and Investment and Related Services, which include trading in the financial market and investing excess funds in the primary and secondary market; Sales of equipment, which involved in trading in car parks management equipment to the client. Its Property Rental Income segment generates maximum revenue for the company. Geographically the company provides its services only to the Bahrain market.

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