Arabian Internet and Communications Services Co (SAU:7202) Change In Receivables : ﷼-1,466 Mil (TTM As of Mar. 2024)

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What is Arabian Internet and Communications Services Co Change In Receivables?

Arabian Internet and Communications Services Co's change in receivables for the quarter that ended in Mar. 2024 was ﷼-1,132 Mil. It means Arabian Internet and Communications Services Co's Accounts Receivable increased by ﷼1,132 Mil from Dec. 2023 to Mar. 2024 .

Arabian Internet and Communications Services Co's change in receivables for the fiscal year that ended in Dec. 2023 was ﷼-273 Mil. It means Arabian Internet and Communications Services Co's Accounts Receivable increased by ﷼273 Mil from Dec. 2022 to Dec. 2023 .

Arabian Internet and Communications Services Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ﷼4,972 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 Internet and Communications Services Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 161.54.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Arabian Internet and Communications Services Co's liquidation value for the three months ended in Mar. 2024 was ﷼-1,480 Mil.

Arabian Internet and Communications Services Co Change In Receivables Historical Data

The historical data trend for Arabian Internet and Communications Services 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 Internet and Communications Services Co Change In Receivables Chart

Arabian Internet and Communications Services Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-553.08

-119.32

-851.90

-272.59

Arabian Internet and Communications Services Co Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial									61.69	-61.31	-568.63	295.66	-1,131.60

Arabian Internet and Communications Services 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 ﷼-1,466 Mil.

Arabian Internet and Communications Services Co (SAU:7202) 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 Internet and Communications Services 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
=	4972.079	/	2808.648	*	91
=	161.54

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

Arabian Internet and Communications Services 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)
=	2284.867	-	7564.601	+	0.75 * 4972.079	+	0.5 * 140.922
=	-1,480

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Arabian Internet and Communications Services Co (SAU:7202) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Arabian Internet and Communications Services Co (SAU:7202) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Olaya Street, P.O. Box 50, Riyadh, SAU, 11372

Website

https://www.solutions.com.sa

Arabian Internet and Communications Services Co is an information and communication company. The company has three segments namely Core ICT Services, IT Managed and Operational Services and Digital Services. It derives majority of the revenue from Core ICT Services.

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