Abu Dhabi National Oil Co For Distribution PJSC (ADX:ADNOCDIST) Change In Receivables : د.إ-32 Mil (TTM As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Abu Dhabi National Oil Co For Distribution PJSC Change In Receivables?

Abu Dhabi National Oil Co For Distribution PJSC's change in receivables for the quarter that ended in Dec. 2023 was د.إ218 Mil. It means Abu Dhabi National Oil Co For Distribution PJSC's Accounts Receivable declined by د.إ218 Mil from Sep. 2023 to Dec. 2023 .

Abu Dhabi National Oil Co For Distribution PJSC's change in receivables for the fiscal year that ended in Dec. 2023 was د.إ-32 Mil. It means Abu Dhabi National Oil Co For Distribution PJSC's Accounts Receivable increased by د.إ32 Mil from Dec. 2022 to Dec. 2023 .

Abu Dhabi National Oil Co For Distribution PJSC's Accounts Receivable for the quarter that ended in Dec. 2023 was د.إ3,233 Mil.

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 Receivable are being managed. Abu Dhabi National Oil Co For Distribution PJSC's Days Sales Outstanding for the three months ended in Dec. 2023 was 30.85.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Abu Dhabi National Oil Co For Distribution PJSC's liquidation value for the three months ended in Dec. 2023 was د.إ-8,830 Mil.

Abu Dhabi National Oil Co For Distribution PJSC Change In Receivables Historical Data

The historical data trend for Abu Dhabi National Oil Co For Distribution PJSC's Change In Receivables 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.

Abu Dhabi National Oil Co For Distribution PJSC Change In Receivables Chart

Abu Dhabi National Oil Co For Distribution PJSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-331.93

820.49

-1,166.18

-264.43

-31.71

Abu Dhabi National Oil Co For Distribution PJSC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															36.34	-111.17	113.04	-251.14	217.57

Abu Dhabi National Oil Co For Distribution PJSC Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ-32 Mil.

Abu Dhabi National Oil Co For Distribution PJSC (ADX:ADNOCDIST) Change In Receivables 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 Receivable are being managed.

Abu Dhabi National Oil Co For Distribution PJSC's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3232.982	/	9563.702	*	91
=	30.85

2. In Ben Graham's calculation of liquidation value, Abu Dhabi National Oil Co For Distribution PJSC's accounts receivable are only considered to be worth 75% of book value:

Abu Dhabi National Oil Co For Distribution PJSC's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3194.162	-	15095.796	+	0.75 * 3232.982	+	0.5 * 1294.423
=	-8,830

Abu Dhabi National Oil Co For Distribution PJSC Change In Receivables Related Terms

Thank you for viewing the detailed overview of Abu Dhabi National Oil Co For Distribution PJSC's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Abu Dhabi National Oil Co For Distribution PJSC (ADX:ADNOCDIST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Abu Dhabi National Oil Co For Distribution PJSC (ADX:ADNOCDIST) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sheikh Zayed Bin Sultan Street, P.O. Box 4188, Next to National Drilling Company and UNB Building, Abu Dhabi, ARE

Website

https://www.adnocdistribution.ae

Abu Dhabi National Oil Co For Distribution PJSC is an operator of retail fuel service stations in the United Arab Emirates. The company segments include Commercial (B2B) and Retail (B2C). It generates maximum revenue from the Retail (B2C) segment. Retail (B2C) segment which involves the sale of gasoline and petroleum products, convenience store sales, car wash and other car care services, oil change services, vehicle inspection services and property leasing and management through the retail sites.

Abu Dhabi National Oil Co For Distribution PJSC (ADX:ADNOCDIST) Headlines

No Headlines