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Catrion Catering Holding Co (SAU:6004) Accounts Receivable : ﷼961 Mil (As of Mar. 2024)


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What is Catrion Catering Holding Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Catrion Catering Holding Co's accounts receivables for the quarter that ended in Mar. 2024 was ﷼961 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Catrion Catering Holding Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 158.67.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Catrion Catering Holding Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ﷼3.25.


Catrion Catering Holding Co Accounts Receivable Historical Data

The historical data trend for Catrion Catering Holding Co'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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Catrion Catering Holding Co Accounts Receivable Chart

Catrion Catering Holding Co 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 919.77 889.30 791.39 903.21 701.48

Catrion Catering Holding Co 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 912.23 910.81 887.34 701.48 961.24

Catrion Catering Holding Co Accounts Receivable Calculation

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


Catrion Catering Holding Co 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=961.239/552.813*91
=158.67

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

Catrion Catering Holding Co'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)
=(554.619+0.75 * 961.239+0.5 * 85.987-1052.3
-0-0)/82
=3.25

* 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.


Catrion Catering Holding Co Accounts Receivable Related Terms

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Catrion Catering Holding Co (SAU:6004) Business Description

Traded in Other Exchanges
N/A
Address
Al Saeb Al Jomhi Street, Prince Sultan Bin Abdulaziz Road, P.O Box 9178, Almohammadya District (5), Jeddah, SAU, 21413
Catrion Catering Holding Co formerly Saudi Airlines Catering Co is engaged in the provision of cooked and non-cooked food to private and public sectors, provision of sky sales, operation and management of duty-free zones in Saudi Arabian airports, and ownership, operation, and management of restaurants at airports and other places, and the ownership, operation, and management of central laundries. The Company mainly provides catering services to Saudi Arabian Airlines and other foreign airlines. The company has three operating segments; Inflight includes Inflight catering, airline equipment, and business lounge, Retail includes Onboard, ground, and online, and Catering and Facilities include Remote & Camp management, Business & Industries catering, Security services, Laundry services.

Catrion Catering Holding Co (SAU:6004) Headlines

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