Cash flow Jarir Marketing Company

Equities

4190

SA000A0BLA62

Other Specialty Retailers

Market Closed - Saudi Arabian S.E. Other stock markets 07:20:00 2024-12-12 am EST			5-day change	1st Jan Change
12.88 ^SAR	-0.16%		-0.92%	-17.33%

Nov. 29	Goldman Sachs Lifts Jarir Marketing's PT, Affirms Buy Rating	MT
Nov. 13	AlphaMena Trims Jarir Marketing's PT, Affirms Add Rating	MT

7ae1e086e372.KywQhUxvEl4dfdUYX2nY5gHNMJ1ABgHmydWMhf2mT3Y.TkJ25C4eRgtNF7JBOwSJkzOFfagwQmOhgue12pHzGzpmanLmLyF-blk5nA

Published financial data: JARIR MARKETING COMPANY

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	8.42B	9.31B	9.09B	9.39B	10.59B
Total Revenues	8.42B	9.31B	9.09B	9.39B	10.59B
Cost of Goods Sold, Total	7.15B	7.98B	7.86B	8.1B	9.32B
Gross Profit	1.28B	1.33B	1.23B	1.29B	1.28B
Selling General & Admin Expenses, Total	256M	277M	271M	331M	306M
Other Operating Expenses	-49.28M	-47.9M	-47.63M	-46.49M	-62.4M
Other Operating Expenses, Total	207M	229M	224M	285M	244M
Operating Income	1.07B	1.1B	1.01B	1.01B	1.03B
Interest Expense, Total	-61.18M	-48.48M	-42.33M	-40.75M	-47.26M
Interest And Investment Income	-	-	-	75K	4.38M
Net Interest Expenses	-61.18M	-48.48M	-42.33M	-40.67M	-42.88M
Other Non Operating Income (Expenses)	-	-	-	-	-
EBT, Excl. Unusual Items	1.01B	1.05B	967M	968M	992M
Gain (Loss) On Sale Of Assets	-	-	38.5M	10.2M	10.2M
Insurance Settlements	-	-	11.1M	-	-
Other Unusual Items	-	-	2.92M	-	-
EBT, Incl. Unusual Items	1.01B	1.05B	1.02B	978M	1B
Income Tax Expense	25.09M	49.42M	27.18M	8.08M	29.21M
Earnings From Continuing Operations	985M	1B	992M	970M	973M
Net Income to Company	985M	1B	992M	970M	973M
Net Income - (IS)	985M	1B	992M	970M	973M
Net Income to Common Incl Extra Items	985M	1B	992M	970M	973M
Net Income to Common Excl. Extra Items	985M	1B	992M	970M	973M
Per Share Items
Net EPS - Basic	0.82	0.84	0.83	0.81	0.81
Basic EPS - Continuing Operations	0.82	0.84	0.83	0.81	0.81
Basic Weighted Average Shares Outstanding	1.2B	1.2B	1.2B	1.2B	1.2B
Net EPS - Diluted	0.82	0.84	0.83	0.81	0.81
Diluted EPS - Continuing Operations	0.82	0.84	0.83	0.81	0.81
Diluted Weighted Average Shares Outstanding	1.2B	1.2B	1.2B	1.2B	1.2B
Normalized Basic EPS	0.53	0.55	0.5	0.5	0.52
Normalized Diluted EPS	0.53	0.55	0.5	0.5	0.52
Dividend Per Share	0.8	0.78	0.75	0.8	0.84
Payout Ratio	99.32	92.12	95.58	95.28	101.74
Supplemental Items
EBITDA	1.14B	1.17B	1.07B	1.07B	1.1B
EBITA	1.07B	1.1B	1.01B	1.01B	1.03B
EBIT	1.07B	1.1B	1.01B	1.01B	1.03B
EBITDAR	1.15B	1.17B	1.08B	1.08B	1.11B
Effective Tax Rate - (Ratio)	2.48	4.7	2.67	0.83	2.91
Normalized Net Income	631M	658M	604M	605M	620M
Interest on Long-Term Debt	48.92M	45.68M	41.33M	40.58M	42.63M
Non-Cash Pension Expense	4.55M	3.71M	2.38M	3.37M	8.45M
Supplemental Operating Expense Items
Advertising Expense	59.21M	22.16M	57.19M	95.77M	88.92M
Selling and Marketing Expenses	133M	128M	141M	194M	167M
General and Administrative Expenses	116M	145M	123M	128M	133M
Net Rental Expense, Total	7.39M	4.22M	7.13M	9.06M	6.47M
Imputed Operating Lease Interest Expense	5.22M	1.73M	3.36M	4.33M	3.41M
Imputed Operating Lease Depreciation	2.17M	2.49M	3.77M	4.73M	3.06M
Maintenance & Repair Expenses, Total	2.98M	2.91M	3.96M	3.36M	3.38M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	28.79M	97.09M	432M	526M	50.03M
Total Cash And Short Term Investments	28.79M	97.09M	432M	526M	50.03M
Accounts Receivable, Total	220M	174M	195M	227M	251M
Other Receivables	103M	108M	92.72M	139M	187M
Total Receivables	323M	282M	287M	366M	438M
Inventory	1.26B	1.31B	1.23B	1.32B	1.65B
Prepaid Expenses	13.34M	24.89M	24.85M	23.39M	24.55M
Other Current Assets, Total	165M	128M	88.7M	98.57M	50.25M
Total Current Assets	1.79B	1.84B	2.07B	2.33B	2.21B
Gross Property Plant And Equipment	2.27B	2.19B	2.14B	2.18B	2.19B
Accumulated Depreciation	-499M	-475M	-528M	-572M	-614M
Net Property Plant And Equipment	1.77B	1.71B	1.61B	1.61B	1.58B
Long-term Investments	27.95M	27.95M	21.71M	21.71M	40.46M
Other Long-Term Assets, Total	418M	420M	413M	296M	281M
Total Assets	4B	4B	4.11B	4.26B	4.11B
Liabilities
Accounts Payable, Total	826M	977M	1.17B	1.19B	993M
Accrued Expenses, Total	104M	118M	105M	115M	129M
Short-term Borrowings	342M	100M	-	-	5.42M
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	112M	114M	122M	138M	128M
Current Income Taxes Payable	36.73M	67.18M	69.77M	55.31M	73.42M
Unearned Revenue Current, Total	13.15M	14.4M	16.57M	16.13M	16.27M
Other Current Liabilities	118M	124M	146M	186M	228M
Total Current Liabilities	1.55B	1.51B	1.63B	1.7B	1.57B
Long-Term Debt	-	-	-	-	-
Long-Term Leases	647M	581M	520M	583M	581M
Unearned Revenue Non Current	4.11M	3.72M	3.32M	2.93M	2.54M
Pension & Other Post Retirement Benefits	146M	159M	167M	163M	178M
Other Non Current Liabilities	8.17M	14.94M	20.18M	10.72M	4.94M
Total Liabilities	2.36B	2.27B	2.34B	2.46B	2.34B
Common Stock, Total	1.2B	1.2B	1.2B	1.2B	1.2B
Retained Earnings	512M	589M	634M	695M	677M
Comprehensive Income and Other	-66.61M	-64.19M	-64.86M	-93.82M	-106M
Total Common Equity	1.65B	1.73B	1.77B	1.8B	1.77B
Total Equity	1.65B	1.73B	1.77B	1.8B	1.77B
Total Liabilities And Equity	4B	4B	4.11B	4.26B	4.11B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.2B	1.2B	1.2B	1.2B	1.2B
ECS Total Common Shares Outstanding	1.2B	1.2B	1.2B	1.2B	1.2B
Book Value / Share	1.37	1.44	1.47	1.5	1.48
Tangible Book Value	1.65B	1.73B	1.77B	1.8B	1.77B
Tangible Book Value Per Share	1.37	1.44	1.47	1.5	1.48
Total Debt	1.1B	795M	642M	721M	714M
Net Debt	1.07B	698M	210M	195M	664M
Debt Equivalent Oper. Leases	59.13M	33.78M	57.07M	72.49M	51.75M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Finished Goods, Total	1.39B	1.44B	1.37B	1.45B	1.8B
Inventories - Others	13.22M	15.72M	3.92M	7M	8.78M
Land - (BS)	488M	491M	432M	424M	426M
Buildings, Total	510M	563M	600M	598M	611M
Machinery, Total	255M	275M	305M	317M	328M
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	29.3M	37.38M	40.72M	45.72M	55.35M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	985M	1B	992M	970M	973M
Depreciation & Amortization - CF	145M	157M	155M	167M	183M
Depreciation & Amortization, Total	145M	157M	155M	167M	183M
(Gain) Loss From Sale Of Asset	-7.37M	2.46M	-38.76M	-10.15M	-335K
Asset Writedown & Restructuring Costs	-4.15M	-1.88M	-1.67M	-2.59M	-379K
Provision and Write-off of Bad Debts	-650K	5.9M	399K	1.6M	1.46M
Other Operating Activities, Total	16.35M	54.04M	-851K	-3.26M	66.22M
Change In Accounts Receivable	1.02M	30.81M	-9.72M	-41.99M	-29.26M
Change In Inventories	-194M	-57.6M	89.56M	-85.15M	-354M
Change In Accounts Payable	8.37M	160M	190M	31.26M	-197M
Change in Unearned Revenues	-1.8M	859K	1.78M	-836K	-245K
Change in Other Net Operating Assets	25.27M	42.37M	49.69M	-27.07M	46.65M
Cash from Operations	973M	1.4B	1.43B	999M	689M
Capital Expenditure	-84.16M	-79.57M	-69.6M	-50.5M	-43.29M
Sale of Property, Plant, and Equipment	14.92M	1.05M	98.23M	178M	485K
Sale (Purchase) of Real Estate properties	-36.08M	-16.33M	-11.28M	-6.06M	-3.98M
Investment in Marketable and Equity Securities, Total	-	-	6.24M	-	-18.75M
Net (Increase) Decrease in Loans Originated / Sold - Investing	422K	684K	772K	865K	157K
Cash from Investing	-105M	-94.16M	24.36M	122M	-65.37M
Short Term Debt Issued, Total	66.53M	-	-	-	5.42M
Total Debt Issued	66.53M	-	-	-	5.42M
Short Term Debt Repaid, Total	-	-242M	-100M	-	-
Long-Term Debt Repaid, Total	-72.68M	-69.8M	-68.09M	-103M	-113M
Total Debt Repaid	-72.68M	-311M	-168M	-103M	-113M
Common Dividends Paid	-978M	-924M	-948M	-924M	-990M
Common & Preferred Stock Dividends Paid	-978M	-924M	-948M	-924M	-990M
Cash from Financing	-984M	-1.24B	-1.12B	-1.03B	-1.1B
Foreign Exchange Rate Adjustments	-545K	1.02M	-846K	-257K	-1.89M
Net Change in Cash	-117M	68.3M	335M	93.98M	-476M
Supplemental Items
Cash Interest Paid	45.28M	32.57M	36.08M	38.7M	44.08M
Levered Free Cash Flow	553M	956M	1.01B	597M	284M
Unlevered Free Cash Flow	591M	986M	1.03B	622M	314M
Change In Net Working Capital	139M	-221M	-316M	124M	473M
Net Debt Issued / Repaid	-6.15M	-311M	-168M	-103M	-108M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	18.55	17.2	15.55	15.06	15.46
Return on Total Capital	28.3	26.14	25.57	25.55	25.83
Return On Equity %	58.89	59.52	56.77	54.32	54.46
Return on Common Equity	58.89	59.52	56.77	54.32	54.46
Margin Analysis
Gross Profit Margin %	15.16	14.29	13.56	13.77	12.07
SG&A Margin	3.04	2.97	2.98	3.53	2.89
EBITDA Margin %	13.51	12.53	11.79	11.42	10.4
EBITA Margin %	12.71	11.83	11.1	10.74	9.77
EBIT Margin %	12.71	11.83	11.1	10.74	9.77
Income From Continuing Operations Margin %	11.69	10.78	10.91	10.33	9.18
Net Income Margin %	11.69	10.78	10.91	10.33	9.18
Net Avail. For Common Margin %	11.69	10.78	10.91	10.33	9.18
Normalized Net Income Margin	7.49	7.07	6.65	6.44	5.85
Levered Free Cash Flow Margin	6.57	10.27	11.07	6.36	2.68
Unlevered Free Cash Flow Margin	7.02	10.6	11.36	6.63	2.96
Asset Turnover
Asset Turnover	2.33	2.33	2.24	2.24	2.53
Fixed Assets Turnover	5.85	5.35	5.47	5.84	6.65
Receivables Turnover (Average Receivables)	39.13	47.22	49.25	44.5	44.27
Inventory Turnover (Average Inventory)	6.17	6.21	6.18	6.34	6.28
Short Term Liquidity
Current Ratio	1.15	1.21	1.27	1.38	1.41
Quick Ratio	0.23	0.25	0.44	0.53	0.31
Operating Cash Flow to Current Liabilities	0.63	0.92	0.87	0.59	0.44
Days Sales Outstanding (Average Receivables)	9.33	7.75	7.41	8.2	8.24
Days Outstanding Inventory (Average Inventory)	59.18	58.91	59.07	57.55	58.13
Average Days Payable Outstanding	41.06	41.63	50.43	52.61	41.22
Cash Conversion Cycle (Average Days)	27.45	25.04	16.05	13.15	25.15
Long Term Solvency
Total Debt/Equity	66.88	46.06	36.29	40.01	40.32
Total Debt / Total Capital	40.08	31.53	26.63	28.58	28.74
LT Debt/Equity	39.3	33.66	29.39	32.37	32.81
Long-Term Debt / Total Capital	23.55	23.05	21.56	23.12	23.38
Total Liabilities / Total Assets	58.89	56.86	56.98	57.69	56.9
EBIT / Interest Expense	17.51	22.71	23.83	24.74	21.9
EBITDA / Interest Expense	19.88	25.94	27.5	28.84	25.77
(EBITDA - Capex) / Interest Expense	18.5	24.3	25.85	27.6	24.86
Total Debt / EBITDA	0.9	0.63	0.55	0.61	0.59
Net Debt / EBITDA	0.88	0.55	0.18	0.17	0.55
Total Debt / (EBITDA - Capex)	0.97	0.67	0.59	0.64	0.61
Net Debt / (EBITDA - Capex)	0.95	0.59	0.19	0.17	0.57
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	14.44	10.46	-2.34	3.34	12.81
Gross Profit, 1 Yr. Growth %	5.64	4.08	-7.31	4.91	-1.1
EBITDA, 1 Yr. Growth %	9.95	3.03	-6.77	-0.16	1.75
EBITA, 1 Yr. Growth %	9.48	2.79	-6.92	-0.34	1.61
EBIT, 1 Yr. Growth %	9.48	2.79	-6.92	-0.34	1.61
Earnings From Cont. Operations, 1 Yr. Growth %	2.58	1.85	-1.11	-2.23	0.34
Net Income, 1 Yr. Growth %	2.58	1.85	-1.11	-2.23	0.34
Normalized Net Income, 1 Yr. Growth %	3.65	4.22	-6.65	-0.19	1.45
Diluted EPS Before Extra, 1 Yr. Growth %	2.58	1.85	-1.11	-2.23	0.34
Accounts Receivable, 1 Yr. Growth %	4.29	-20.71	11.75	16.71	10.57
Inventory, 1 Yr. Growth %	19.13	3.8	-5.59	6.85	24.91
Net Property, Plant and Equip., 1 Yr. Growth %	58.35	-3.1	-5.97	-0.18	-1.77
Total Assets, 1 Yr. Growth %	24.47	-0.07	2.84	3.54	-3.45
Tangible Book Value, 1 Yr. Growth %	-3.2	4.87	2.54	1.84	-1.66
Common Equity, 1 Yr. Growth %	-3.2	4.87	2.54	1.84	-1.66
Cash From Operations, 1 Yr. Growth %	39.79	43.58	2.21	-30.05	-31.02
Capital Expenditures, 1 Yr. Growth %	-32.73	-5.46	-12.52	-27.44	-14.29
Levered Free Cash Flow, 1 Yr. Growth %	86.58	72.85	6.41	-40.77	-52.88
Unlevered Free Cash Flow, 1 Yr. Growth %	97.82	66.8	5.81	-39.83	-50.09
Dividend Per Share, 1 Yr. Growth %	1.91	-1.88	-4.46	6	5.03
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	10.16	12.43	3.86	0.46	7.97
Gross Profit, 2 Yr. CAGR %	6.42	4.86	-1.78	-1.39	1.86
EBITDA, 2 Yr. CAGR %	10.9	6.15	-2.71	-3.39