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Arab Cotton Ginning (CAI:ACGC) Accounts Receivable : E£0 Mil (As of Sep. 2023)


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What is Arab Cotton Ginning Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Arab Cotton Ginning's accounts receivables for the quarter that ended in Sep. 2023 was E£0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Arab Cotton Ginning's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Arab Cotton Ginning's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was E£-6.05.


Arab Cotton Ginning Accounts Receivable Historical Data

The historical data trend for Arab Cotton Ginning'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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Arab Cotton Ginning Accounts Receivable Chart

Arab Cotton Ginning Annual Data
Trend Jun13 Jun14 Jun15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
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Arab Cotton Ginning Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Arab Cotton Ginning Accounts Receivable Calculation

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


Arab Cotton Ginning 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.

Arab Cotton Ginning's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/1.746*91
=0.00

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

Arab Cotton Ginning's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 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)
=(0+0.75 * 0+0.5 * 0-1600.91
-0-0)/264.816
=-6.05

* 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.


Arab Cotton Ginning Accounts Receivable Related Terms

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Arab Cotton Ginning (CAI:ACGC) Business Description

Traded in Other Exchanges
N/A
Address
28 Talat-Harb Street, Cairo, EGY, 11511
Arab Cotton Ginning is engaged in cotton ginning & trading of its products. The Company is engaged in the cotton ginning, as well as trading of its products. The firm is also involved in development of residential, commercial, & mixed used properties.

Arab Cotton Ginning (CAI:ACGC) Headlines

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