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Al Seer Marine Supplies & Equipment PJSC (ADX:ASM) Change In Receivables : د.إ87.9 Mil (TTM As of Dec. 2021)


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What is Al Seer Marine Supplies & Equipment PJSC Change In Receivables?

Al Seer Marine Supplies & Equipment PJSC's change in receivables for the quarter that ended in Dec. 2021 was د.إ87.9 Mil. It means Al Seer Marine Supplies & Equipment PJSC's Accounts Receivable declined by د.إ87.9 Mil from Dec. 2020 to Dec. 2021 .

Al Seer Marine Supplies & Equipment PJSC's change in receivables for the fiscal year that ended in Dec. 2021 was د.إ87.9 Mil. It means Al Seer Marine Supplies & Equipment PJSC's Accounts Receivable declined by د.إ87.9 Mil from Dec. 2020 to Dec. 2021 .

Al Seer Marine Supplies & Equipment PJSC's Accounts Receivable for the quarter that ended in Dec. 2021 was د.إ210.3 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. Al Seer Marine Supplies & Equipment PJSC's Days Sales Outstanding for the six months ended in Dec. 2021 was 61.82.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Al Seer Marine Supplies & Equipment PJSC's liquidation value for the six months ended in Dec. 2021 was د.إ-69.1 Mil.

Al Seer Marine Supplies & Equipment PJSC Change In Receivables Historical Data

The historical data trend for Al Seer Marine Supplies & Equipment PJSC'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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Al Seer Marine Supplies & Equipment PJSC Change In Receivables Chart

Al Seer Marine Supplies & Equipment PJSC Annual Data
Trend Dec20 Dec21
Change In Receivables
-217.29 87.90

Al Seer Marine Supplies & Equipment PJSC Semi-Annual Data
Dec20 Dec21
Change In Receivables -217.29 87.90

Al Seer Marine Supplies & Equipment PJSC 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2021 was د.إ87.9 Mil.

* 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.

Al Seer Marine Supplies & Equipment PJSC  (ADX:ASM) 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.

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 liquidation value, 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 liquidation value for the quarter that ended in Dec. 2021 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=97.802-325.01+0.75 * 210.286+0.5 * 0.816
=-69.1

* 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.

Al Seer Marine Supplies & Equipment PJSC Change In Receivables Related Terms

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Al Seer Marine Supplies & Equipment PJSC Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Al Seer Marine Supplies & Equipment PJSC (ADX:ASM) » Definitions » Change In Receivables
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.