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Dar Almarkabah For Renting Cars Co (SAU:9577) Accounts Receivable : ﷼0.00 Mil (As of Dec. 2022)


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What is Dar Almarkabah For Renting Cars Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Dar Almarkabah For Renting Cars Co's accounts receivables for the quarter that ended in Dec. 2022 was ﷼0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Dar Almarkabah For Renting Cars Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was ﷼-29.09.


Dar Almarkabah For Renting Cars Co Accounts Receivable Historical Data

The historical data trend for Dar Almarkabah For Renting Cars 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.

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Dar Almarkabah For Renting Cars Co Accounts Receivable Chart

Dar Almarkabah For Renting Cars Co Annual Data
Trend Dec22 Dec23
Accounts Receivable
- -

Dar Almarkabah For Renting Cars Co Quarterly Data
Dec22 Dec23
Accounts Receivable - -

Dar Almarkabah For Renting Cars Co Accounts Receivable Calculation

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


Dar Almarkabah For Renting Cars 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.

Dar Almarkabah For Renting Cars Co's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

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

Dar Almarkabah For Renting Cars Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 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)
=(0+0.75 * 0+0.5 * 0-72.718
-0-0)/2.500
=-29.09

* 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.


Dar Almarkabah For Renting Cars Co Accounts Receivable Related Terms

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Dar Almarkabah For Renting Cars Co (SAU:9577) Business Description

Traded in Other Exchanges
N/A
Address
Makkah Al Mukarramah Road, Al-Rabwah District, Riyadh, SAU, 12813
Dar Almarkabah For Renting Cars Co is a rental car service company. The activities of the company are car rental service without driver. car rental service with driver. long term leasing service. rental vehicles for companies and government sectors and transfer service to and from airports. valet parking.

Dar Almarkabah For Renting Cars Co (SAU:9577) Headlines

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