National Marine Dredging Co PSC (ADX:NMDC) Change In Receivables : د.إ-4,322 Mil (TTM As of Mar. 2024)

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What is National Marine Dredging Co PSC Change In Receivables?

National Marine Dredging Co PSC's change in receivables for the quarter that ended in Mar. 2024 was د.إ-2,433 Mil. It means National Marine Dredging Co PSC's Accounts Receivable increased by د.إ2,433 Mil from Dec. 2023 to Mar. 2024 .

National Marine Dredging Co PSC's change in receivables for the fiscal year that ended in Dec. 2023 was د.إ-2,464 Mil. It means National Marine Dredging Co PSC's Accounts Receivable increased by د.إ2,464 Mil from Dec. 2022 to Dec. 2023 .

National Marine Dredging Co PSC's Accounts Receivable for the quarter that ended in Mar. 2024 was د.إ3,668 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. National Marine Dredging Co PSC's Days Sales Outstanding for the three months ended in Mar. 2024 was 62.65.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. National Marine Dredging Co PSC's liquidation value for the three months ended in Mar. 2024 was د.إ-7,809 Mil.

National Marine Dredging Co PSC Change In Receivables Historical Data

The historical data trend for National Marine Dredging Co PSC'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.

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National Marine Dredging Co PSC Change In Receivables Chart

National Marine Dredging Co PSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-320.19

-732.92

-70.91

-1,132.36

-2,463.89

National Marine Dredging Co PSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-575.60	-32.59	124.04	-1,979.74	-2,433.48

National Marine Dredging Co PSC 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ-4,322 Mil.

National Marine Dredging Co PSC (ADX:NMDC) 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.

National Marine Dredging Co PSC's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3667.848	/	5342.392	*	91
=	62.65

2. In Ben Graham's calculation of liquidation value, National Marine Dredging Co PSC's accounts receivable are only considered to be worth 75% of book value:

National Marine Dredging Co PSC's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3613.953	-	14460.176	+	0.75 * 3667.848	+	0.5 * 573.247
=	-7,809

National Marine Dredging Co PSC Change In Receivables Related Terms

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National Marine Dredging Co PSC (ADX:NMDC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » National Marine Dredging Co PSC (ADX:NMDC) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mussafah Street 16, P.O. Box 3649, Abu Dhabi, ARE

Website

https://www.nmdc.com

National Marine Dredging Co PSC is engaged in the execution of dredging contracts and associated land reclamation works in the territorial waters of the United Arab Emirates. Geographically, the company has a business presence in the United Arab Emirates and internationally. It derives the majority of the revenue from its operations in the United Arab Emirates. The company activities include Dredging and Reclamation, and Marine Construction. It has projects in various sectors such as Energy, Environment, Seaborne Trade, Tourism and Urban Development.

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