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Gulf Hotels Group BSC (BAH:GHG) Accounts Receivable : BHD1.64 Mil (As of Mar. 2024)


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What is Gulf Hotels Group BSC Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Gulf Hotels Group BSC's accounts receivables for the quarter that ended in Mar. 2024 was BHD1.64 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Gulf Hotels Group BSC's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 16.67.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Gulf Hotels Group BSC's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was BHD0.01.


Gulf Hotels Group BSC Accounts Receivable Historical Data

The historical data trend for Gulf Hotels Group 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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Gulf Hotels Group BSC Accounts Receivable Chart

Gulf Hotels Group BSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.32 0.65 0.95 1.41 1.22

Gulf Hotels Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.20 2.27 1.16 1.22 1.64

Gulf Hotels Group BSC Accounts Receivable Calculation

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


Gulf Hotels Group 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.

Gulf Hotels Group 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
=1.641/8.983*91
=16.67

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

Gulf Hotels Group 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)
=(6.355+0.75 * 1.641+0.5 * 2.547-5.993
-0-0)/225.995
=0.01

* 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.


Gulf Hotels Group BSC Accounts Receivable Related Terms

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Gulf Hotels Group BSC (BAH:GHG) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 580, Manama, BHR
Gulf Hotels Group BSC is involved in providing hospitality services. The company owns and operates the Gulf Hotel and Crown Plaza Hotels in the Kingdom of Bahrain and Gulf Court Hotel Business Bay in Dubai, UAE, GHG Colombo in Sri Lanka. The company has three segments; Hotel operations including Hotel rooms and rental and executive apartments and offices, food and beverage including the sale of food and beverages, and convention operations, and Investments and other activities including Investment activities of the Group. The company generates revenue on letting hotel rooms and sale of food and beverages.