Arabian Cement Co (CAI:ARCC) Change In Receivables : E£-686 Mil (TTM As of Mar. 2024)

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What is Arabian Cement Co Change In Receivables?

Arabian Cement Co's change in receivables for the quarter that ended in Mar. 2024 was E£-641 Mil. It means Arabian Cement Co's Accounts Receivable increased by E£641 Mil from Dec. 2023 to Mar. 2024 .

Arabian Cement Co's change in receivables for the fiscal year that ended in Dec. 2023 was E£-231 Mil. It means Arabian Cement Co's Accounts Receivable increased by E£231 Mil from Dec. 2022 to Dec. 2023 .

Arabian Cement Co's Accounts Receivable for the quarter that ended in Mar. 2024 was E£794 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. Arabian Cement Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 37.37.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Arabian Cement Co's liquidation value for the three months ended in Mar. 2024 was E£-952 Mil.

Arabian Cement Co Change In Receivables Historical Data

The historical data trend for Arabian Cement Co'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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Arabian Cement Co Change In Receivables Chart

Arabian Cement Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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55.52

-26.67

-59.31

-90.78

-231.45

Arabian Cement Co 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															-186.22	-128.75	235.47	-151.95	-640.79

Arabian Cement Co 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 E£-686 Mil.

Arabian Cement Co (CAI:ARCC) 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.

Arabian Cement 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
=	793.533	/	1937.764	*	91
=	37.37

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

Arabian Cement Co'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)
=	566.129	-	2575.885	+	0.75 * 793.533	+	0.5 * 924.782
=	-952

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Arabian Cement Co (CAI:ARCC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Arabian Cement Co (CAI:ARCC) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Gamal Abdel Naser Square (Gharb Arabella), Fifth Settlement Arabella Plaza, 5th Floor, Office Building (A), New Cairo, EGY, 11835

Website

http://www.arabiancement.com

Arabian Cement Co is engaged in the business of manufacturing and selling clinker, cement, and other related products and usage of mines and extraction of all mining materials required to produce construction materials and road transportation of all the company's products. The company sells its products in Egypt and exports it to other countries, of which key revenue is derived within Egypt. Its products include Clinker, Cement and Concrete. Some of its brands are Al Mosalah and Al Nasr. It also offers delivery services through Express Wassal.