GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Hammadi Holding (SAU:4007) » Definitions » Accounts Receivable

Hammadi Holding (SAU:4007) Accounts Receivable : ﷼510 Mil (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Hammadi Holding Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hammadi Holding's accounts receivables for the quarter that ended in Mar. 2024 was ﷼510 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hammadi Holding's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 168.07.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hammadi Holding's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ﷼-0.87.


Hammadi Holding Accounts Receivable Historical Data

The historical data trend for Hammadi Holding'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.

* Premium members only.

Hammadi Holding Accounts Receivable Chart

Hammadi Holding 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 560.52 595.96 364.22 481.06 560.82

Hammadi Holding 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 554.12 441.82 486.45 560.82 510.26

Hammadi Holding Accounts Receivable Calculation

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


Hammadi Holding 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.

Hammadi Holding's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=510.257/277.04*91
=168.07

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

Hammadi Holding'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)
=(206.016+0.75 * 510.257+0.5 * 57.368-756.118
-0-0)/160
=-0.87

* 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.


Hammadi Holding Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Hammadi Holding's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Hammadi Holding (SAU:4007) Business Description

Traded in Other Exchanges
N/A
Address
Al-Olaya, P.O. Box 10112, Riyadh, SAU, 11443
Hammadi Holding is engaged in the activities of wholesale and retail trading of medical equipment, pharmaceutical and cosmetic products, establishing, managing, and operating hospitals and medical centers, wholesale and retail trading of food and beverages, purchasing and rentals of lands for construction buildings and investing, initiating commercial centers, operating and maintaining them. The operating segment of the company are Medical Services and Pharmaceuticals Products segment. It generates maximum revenue from the Medical Services segment. The Medical Services segment includes fees for inpatient and outpatient services.

Hammadi Holding (SAU:4007) Headlines

No Headlines