Al Rashid Industrial Co (SAU:9580) Change In Receivables : ﷼0.0 Mil (TTM As of Dec. 2022)

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What is Al Rashid Industrial Co Change In Receivables?

Al Rashid Industrial Co's change in receivables for the quarter that ended in Dec. 2022 was ﷼0.0 Mil. It means Al Rashid Industrial Co's Accounts Receivable stayed the same from . 20 to Dec. 2022 .

Al Rashid Industrial Co's change in receivables for the fiscal year that ended in Dec. 2023 was ﷼-5.0 Mil. It means Al Rashid Industrial Co's Accounts Receivable increased by ﷼5.0 Mil from Dec. 2022 to Dec. 2023 .

Al Rashid Industrial Co's Accounts Receivable for the quarter that ended in Dec. 2022 was ﷼21.1 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Al Rashid Industrial Co's liquidation value for the three months ended in Dec. 2022 was ﷼24.0 Mil.

Al Rashid Industrial Co Change In Receivables Historical Data

The historical data trend for Al Rashid Industrial 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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Al Rashid Industrial Co Change In Receivables Chart

Al Rashid Industrial Co Annual Data

Trend

Dec22

Dec23

Change In Receivables

-2.89

-4.96

Al Rashid Industrial Co Quarterly Data
	Dec22	Dec23
Change In Receivables	-	-

Al Rashid Industrial 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 Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼0.0 Mil.

Al Rashid Industrial Co (SAU:9580) 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.

Al Rashid Industrial Co's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	21.099	/	0	*	91
=

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

Al Rashid Industrial Co's liquidation value for the quarter that ended in Dec. 2022 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	14.528	-	21.24	+	0.75 * 21.099	+	0.5 * 29.816
=	24.0

Al Rashid Industrial Co Change In Receivables Related Terms

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Al Rashid Industrial Co (SAU:9580) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Al Rashid Industrial Co (SAU:9580) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

New Industrial City, 7960, Riyadh, SAU, 143322

Website

https://www.lastmade.com

Al Rashid Industrial Co is a company engaged in the production of many plastic products through drawing, injection, thermoforming and blowing techniques. All of these lines serve multiple commercial sectors, including food packaging and household appliances, date packaging, sweets and pastries, as well as single-use food containers.

Al Rashid Industrial Co (SAU:9580) Headlines

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