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Shuaa Capital PSC (DFM:SHUAA) Accounts Receivable : د.إ40.4 Mil (As of Dec. 2023)


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What is Shuaa Capital PSC Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Shuaa Capital PSC's accounts receivables for the quarter that ended in Dec. 2023 was د.إ40.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Shuaa Capital PSC's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 114.85.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Shuaa Capital PSC's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was د.إ-0.52.


Shuaa Capital PSC Accounts Receivable Historical Data

The historical data trend for Shuaa Capital PSC'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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Shuaa Capital PSC Accounts Receivable Chart

Shuaa Capital PSC 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 157.21 209.64 90.44 115.22 40.45

Shuaa Capital PSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 115.22 117.38 98.61 80.82 40.45

Shuaa Capital PSC Accounts Receivable Calculation

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


Shuaa Capital PSC 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.

Shuaa Capital PSC's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=40.445/32.134*91
=114.85

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

Shuaa Capital PSC's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(31.928+0.75 * 40.445+0.5 * 0-1371.789
-0-5.507)/2535.72
=-0.52

* 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.


Shuaa Capital PSC Accounts Receivable Related Terms

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Shuaa Capital PSC (DFM:SHUAA) Business Description

Traded in Other Exchanges
N/A
Address
The H Hotel Dubai, Offices Tower, 15th floor, Office No. 1502, Dubai, ARE
Shuaa Capital PSC is an investment company that provides a range of asset management, corporate finance advisory, capital markets, lending and credit services to institutions, governments and small and medium-sized enterprises. Its operating segments include Asset Management, Investment Banking, and Corporate. It acts as a banking, finance and investment advisor and a financial and monetary intermediary to the company. The company operates mainly in the Arab region in general, the U.A.E. and G.C.C. markets and is actively involved in public and private capital markets in the region. Majority of its revenue is derived from asset management services.

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