GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Salik Company PJSC (DFM:SALIK) » Definitions » Accounts Receivable

Salik Company PJSC (DFM:SALIK) Accounts Receivable : د.إ121 Mil (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Salik Company PJSC Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Salik Company PJSC's accounts receivables for the quarter that ended in Mar. 2024 was د.إ121 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Salik Company PJSC's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 19.68.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Salik Company PJSC's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was د.إ-0.42.


Salik Company PJSC Accounts Receivable Historical Data

The historical data trend for Salik Company PJSC's Accounts Receivable 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.

* Premium members only.

Salik Company PJSC Accounts Receivable Chart

Salik Company PJSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 152.02 92.54 158.52 130.34 123.37

Salik Company PJSC Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 135.14 123.41 123.77 123.37 121.23

Salik Company PJSC Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Salik Company PJSC Accounts Receivable 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 receivables are being managed.

Salik Company PJSC's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=121.227/562.055*91
=19.68

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Salik Company PJSC's accounts receivable are only considered to be worth 75% of book value:

Salik Company PJSC's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1324.8+0.75 * 121.227+0.5 * 11.288-4592.935
-0-0)/7500
=-0.42

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Salik Company PJSC Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Salik Company PJSC's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Salik Company PJSC (DFM:SALIK) Business Description

Traded in Other Exchanges
N/A
Address
Marrakesh Street, Al Garhoud, Block C, First Floor, P.O. Box: 118899, Umm Ramool, Roads and Transport Authority Headquarters, Dubai, ARE
Salik Company PJSC is engaged in the operations and maintenance of toll gates in Dubai. It also is involved in the design and construction of new tollgates, including without limitation, the required tolling equipment, infrastructure, and any other interface requirements.

Salik Company PJSC (DFM:SALIK) Headlines

No Headlines