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Alkhorayef Water & Power Technologies (SAU:2081) Accounts Receivable : ﷼337 Mil (As of Mar. 2024)


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What is Alkhorayef Water & Power Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Alkhorayef Water & Power Technologies's accounts receivables for the quarter that ended in Mar. 2024 was ﷼337 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Alkhorayef Water & Power Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 67.16.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Alkhorayef Water & Power Technologies's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ﷼-31.27.


Alkhorayef Water & Power Technologies Accounts Receivable Historical Data

The historical data trend for Alkhorayef Water & Power Technologies'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.

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Alkhorayef Water & Power Technologies Accounts Receivable Chart

Alkhorayef Water & Power Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Receivable
166.95 240.85 216.49 436.95

Alkhorayef Water & Power Technologies Quarterly Data
Jun20 Sep20 Dec20 Mar21 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 Premium Member Only Premium Member Only 252.86 208.32 293.69 436.95 337.22

Alkhorayef Water & Power Technologies Accounts Receivable Calculation

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


Alkhorayef Water & Power Technologies 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.

Alkhorayef Water & Power Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=337.224/458.155*91
=67.16

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Alkhorayef Water & Power Technologies's accounts receivable are only considered to be worth 75% of book value:

Alkhorayef Water & Power Technologies'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)
=(155.077+0.75 * 337.224+0.5 * 133.621-1256.498
-0-0)/25
=-31.27

* 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.


Alkhorayef Water & Power Technologies Accounts Receivable Related Terms

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Alkhorayef Water & Power Technologies (SAU:2081) Business Description

Traded in Other Exchanges
N/A
Address
King Abdulaziz Road (North) Exit-5, Post Box No. 62637, AlNafal District, Riyadh, SAU, 11595
Alkhorayef Water & Power Technologies is a player in the Saudi Arabian water and wastewater market. Its business consists of three business divisions: Water segment; Wastewater segment; and Integrated solutions segment. It provides services including water withdrawal and treatment, water networks, wastewater networks, wastewater treatment, city management, stormwater network and lifting stations, and water management services.

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