AME Company for Medical Supplies (SAU:9527) Accounts Receivable : ﷼86.5 Mil (As of Dec. 2023)

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What is AME Company for Medical Supplies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. AME Company for Medical Supplies's accounts receivables for the quarter that ended in Dec. 2023 was ﷼86.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. AME Company for Medical Supplies's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 153.37.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. AME Company for Medical Supplies's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ﷼9.68.

AME Company for Medical Supplies Accounts Receivable Historical Data

The historical data trend for AME Company for Medical Supplies'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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AME Company for Medical Supplies Accounts Receivable Chart

AME Company for Medical Supplies Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Receivable

69.11

77.21

86.54

AME Company for Medical Supplies Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial			69.11	85.45	77.21	90.47	86.54

AME Company for Medical Supplies Accounts Receivable Calculation

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

AME Company for Medical Supplies 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.

AME Company for Medical Supplies's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	86.544	/	102.981	*	91
=	153.37

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

AME Company for Medical Supplies'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)
=	(43.403	+	0.75 * 86.544	+	0.5 * 44.945	-	63.05
-	0	-	0)	/	7
=	9.68

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.

AME Company for Medical Supplies Accounts Receivable Related Terms

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AME Company for Medical Supplies (SAU:9527) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » AME Company for Medical Supplies (SAU:9527) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prince Sultan Street, P.O. Box 11544, Jeddah, SAU, 21463

Website

https://www.ame.med.sa

AME Company for Medical Supplies is engaged in providing medical devices and equipment. It generates maximum revenue from the medical supplies segment. The Company is engaged in wholesale and retail trade which mainly includes perfumes, cosmetics, orthotic devices, medical supplies, decorative soap, incense, veterinary medicine and medical equipment.

AME Company for Medical Supplies (SAU:9527) Headlines

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