National Cable & Wire Manufacturing (AMM:WIRE) Change In Receivables : JOD0.45 Mil (TTM As of Sep. 2023)

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What is National Cable & Wire Manufacturing Change In Receivables?

National Cable & Wire Manufacturing's change in receivables for the quarter that ended in Sep. 2023 was JOD0.42 Mil. It means National Cable & Wire Manufacturing's Accounts Receivable declined by JOD0.42 Mil from Jun. 2023 to Sep. 2023 .

National Cable & Wire Manufacturing's change in receivables for the fiscal year that ended in Dec. 2022 was JOD0.56 Mil. It means National Cable & Wire Manufacturing's Accounts Receivable declined by JOD0.56 Mil from Dec. 2021 to Dec. 2022 .

National Cable & Wire Manufacturing's Accounts Receivable for the quarter that ended in Sep. 2023 was JOD2.65 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. National Cable & Wire Manufacturing's Days Sales Outstanding for the three months ended in Sep. 2023 was 60.42.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. National Cable & Wire Manufacturing's liquidation value for the three months ended in Sep. 2023 was JOD-5.71 Mil.

National Cable & Wire Manufacturing Change In Receivables Historical Data

The historical data trend for National Cable & Wire Manufacturing'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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National Cable & Wire Manufacturing Change In Receivables Chart

National Cable & Wire Manufacturing Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

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-0.28

1.27

3.20

-0.27

0.56

National Cable & Wire Manufacturing Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Receivables	Get a 7-Day Free Trial															-	-	0.38	-0.35	0.42

National Cable & Wire Manufacturing 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was JOD0.45 Mil.

National Cable & Wire Manufacturing (AMM:WIRE) 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.

National Cable & Wire Manufacturing's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2.652	/	4.005	*	91
=	60.42

2. In Ben Graham's calculation of liquidation value, National Cable & Wire Manufacturing's accounts receivable are only considered to be worth 75% of book value:

National Cable & Wire Manufacturing's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.093	-	11.108	+	0.75 * 2.652	+	0.5 * 6.624
=	-5.71

National Cable & Wire Manufacturing Change In Receivables Related Terms

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National Cable & Wire Manufacturing (AMM:WIRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » National Cable & Wire Manufacturing (AMM:WIRE) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Golden Jubilee area, P.O. Box 927104, Zarqa, Amman, JOR, 11190

Website

http://www.cableco.com.jo

National Cable & Wire Manufacturing is engaged in producing wires and cables of copper or aluminum conductors insulated/sheathed ordinary or special types or synthetic rubber. It provides various products such as Coaxial cables, Control cables, PVC insulated wires, Power cables, Concentric and service cables, Flexible cables, Telephone cables, and others.