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Sinad Holding Co (SAU:4080) Accounts Receivable : ﷼382 Mil (As of Mar. 2024)


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What is Sinad Holding Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sinad Holding Co's accounts receivables for the quarter that ended in Mar. 2024 was ﷼382 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sinad Holding Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 78.61.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sinad Holding Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ﷼-6.47.


Sinad Holding Co Accounts Receivable Historical Data

The historical data trend for Sinad Holding Co'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.

Sinad Holding Co Accounts Receivable Chart

Sinad Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 261.13 182.91 231.85 465.31 370.86

Sinad Holding Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 258.60 244.11 242.64 370.86 382.41

Sinad Holding Co Accounts Receivable Calculation

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


Sinad Holding Co 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.

Sinad Holding 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
=382.405/443.876*91
=78.61

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

Sinad Holding Co'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)
=(168.736+0.75 * 382.405+0.5 * 328.97-1200.23
-0-237.681)/126.389
=-6.47

* 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.


Sinad Holding Co Accounts Receivable Related Terms

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Sinad Holding Co (SAU:4080) Business Description

Traded in Other Exchanges
N/A
Address
King Fahad Road, Building No. 7702, CMC Tower, Additional No. 4204, Almalqa District, Riyadh, SAU, 13524
Sinad Holding Co is a Saudi Arabia-based company engaged in diversified investment activities such as trade, tourism, real estate development, and construction. It is engaged in two business segments including Investment and Industrial segment. Geographically it has a presence in the Kingdom of Saudi Arabia, Egypt, and Other Arab and foreign countries in which key revenue is generated from the Kingdom of Saudi Arabia.

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