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Arabian Internet and Communications Services Co (SAU:7202) Accounts Receivable : ﷼4,972 Mil (As of Mar. 2024)


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What is Arabian Internet and Communications Services Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Arabian Internet and Communications Services Co's accounts receivables for the quarter that ended in Mar. 2024 was ﷼4,972 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Arabian Internet and Communications Services Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 161.54.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Arabian Internet and Communications Services Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ﷼-12.54.


Arabian Internet and Communications Services Co Accounts Receivable Historical Data

The historical data trend for Arabian Internet and Communications Services 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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Arabian Internet and Communications Services Co Accounts Receivable Chart

Arabian Internet and Communications Services Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Receivable
2,803.75 3,020.56 4,344.70 4,363.68

Arabian Internet and Communications Services Co Quarterly Data
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 4,203.74 4,025.99 4,289.96 4,363.68 4,972.08

Arabian Internet and Communications Services Co Accounts Receivable Calculation

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


Arabian Internet and Communications Services 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.

Arabian Internet and Communications Services 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
=4972.079/2808.648*91
=161.54

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Arabian Internet and Communications Services Co's accounts receivable are only considered to be worth 75% of book value:

Arabian Internet and Communications Services 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)
=(2284.867+0.75 * 4972.079+0.5 * 140.922-7564.601
-0-11.923)/118.977
=-12.54

* 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.


Arabian Internet and Communications Services Co Accounts Receivable Related Terms

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Arabian Internet and Communications Services Co (SAU:7202) Business Description

Traded in Other Exchanges
N/A
Address
Olaya Street, P.O. Box 50, Riyadh, SAU, 11372
Arabian Internet and Communications Services Co is an information and communication company. The company has three segments namely Core ICT Services, IT Managed and Operational Services and Digital Services. It derives majority of the revenue from Core ICT Services.

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