Sumou Real Estate Co (SAU:4323) Change In Receivables : ﷼27.8 Mil (TTM As of Mar. 2024)

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What is Sumou Real Estate Co Change In Receivables?

Sumou Real Estate Co's change in receivables for the quarter that ended in Mar. 2024 was ﷼18.7 Mil. It means Sumou Real Estate Co's Accounts Receivable declined by ﷼18.7 Mil from Dec. 2023 to Mar. 2024 .

Sumou Real Estate Co's change in receivables for the fiscal year that ended in Dec. 2023 was ﷼-14.3 Mil. It means Sumou Real Estate Co's Accounts Receivable increased by ﷼14.3 Mil from Dec. 2022 to Dec. 2023 .

Sumou Real Estate Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ﷼43.4 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. Sumou Real Estate Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 48.86.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sumou Real Estate Co's liquidation value for the three months ended in Mar. 2024 was ﷼-379.9 Mil.

Sumou Real Estate Co Change In Receivables Historical Data

The historical data trend for Sumou Real Estate 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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Sumou Real Estate Co Change In Receivables Chart

Sumou Real Estate Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

5.14

-2.54

10.16

-65.25

-14.30

Sumou Real Estate Co Quarterly Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial									-23.41	8.47	1.74	-1.10	18.66

Sumou Real Estate 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 ﷼27.8 Mil.

Sumou Real Estate Co (SAU:4323) 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.

Sumou Real Estate 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
=	43.354	/	80.966	*	91
=	48.86

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

Sumou Real Estate 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)
=	5.982	-	423.552	+	0.75 * 43.354	+	0.5 * 10.355
=	-379.9

Sumou Real Estate Co Change In Receivables Related Terms

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Sumou Real Estate Co (SAU:4323) Business Description

Industry

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Traded in Other Exchanges

N/A

Address

Prince Turki bin Abdulaziz street, Sumou Tower - P.O.Box 250, Al-Yarmouk District, AlKhobar, SAU, 31952

Website

https://www.sumou.com.sa

Sumou Real Estate Co is engaged in executing and managing real estate development and investment projects in the Kingdom of Saudi Arabia. The company's projects portfolio includes commercial centers, residential complexes, housing units, infrastructure for industrial, and commercial facilities, economic cities, and free zones.

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