Al Seer Marine Supplies & Equipment PJSC (ADX:ASM) Accounts Receivable : د.إ210.3 Mil (As of Dec. 2021)

View and export this data going back to 2021. Start your Free Trial

What is Al Seer Marine Supplies & Equipment PJSC Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Al Seer Marine Supplies & Equipment PJSC's accounts receivables for the quarter that ended in Dec. 2021 was د.إ210.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Al Seer Marine Supplies & Equipment PJSC's Days Sales Outstanding for the quarter that ended in Dec. 2021 was 61.82.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Al Seer Marine Supplies & Equipment PJSC's Net-Net Working Capital per share for the quarter that ended in Dec. 2021 was د.إ-0.07.

Al Seer Marine Supplies & Equipment PJSC Accounts Receivable Historical Data

The historical data trend for Al Seer Marine Supplies & Equipment 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.

Al Seer Marine Supplies & Equipment PJSC Accounts Receivable Chart

Al Seer Marine Supplies & Equipment PJSC Annual Data

Trend

Dec20

Dec21

Accounts Receivable

301.48

210.29

Al Seer Marine Supplies & Equipment PJSC Semi-Annual Data
	Dec20	Dec21
Accounts Receivable	301.48	210.29

Al Seer Marine Supplies & Equipment PJSC Accounts Receivable Calculation

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

Al Seer Marine Supplies & Equipment 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.

Al Seer Marine Supplies & Equipment PJSC's Days Sales Outstanding for the quarter that ended in Dec. 2021 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	210.286	/	620.759	*	91
=	61.82

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Al Seer Marine Supplies & Equipment PJSC's accounts receivable are only considered to be worth 75% of book value:

Al Seer Marine Supplies & Equipment PJSC's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2021 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)
=	(97.802	+	0.75 * 210.286	+	0.5 * 0.816	-	325.01
-	0	-	0)	/	1000.000
=	-0.07

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.

Al Seer Marine Supplies & Equipment PJSC Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Al Seer Marine Supplies & Equipment PJSC's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Al Seer Marine Supplies & Equipment PJSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Al Seer Marine Supplies & Equipment PJSC (ADX:ASM) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot Number A-20, Sector MW-5, P.O. Box 33639, Mussafah Industrial City, Abu Dhabi, ARE

Website

https://www.alseermarine.ae

Al Seer Marine Supplies & Equipment PJSC is a marine company in the Arabian maritime region, with a portfolio of services that caters to all needs of boat owners, managers and crew. The services of the company include Boat Building, Maintenance Services, Yacht Management, Training Institute, and Maintenance services among others.