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Oman Qatar Insurance CoOG (MUS:OQIC) Accounts Receivable : ر.ع0.00 Mil (As of Dec. 2023)


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What is Oman Qatar Insurance CoOG Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Oman Qatar Insurance CoOG's accounts receivables for the quarter that ended in Dec. 2023 was ر.ع0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Oman Qatar Insurance CoOG's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Oman Qatar Insurance CoOG's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was ر.ع-0.36.


Oman Qatar Insurance CoOG Accounts Receivable Historical Data

The historical data trend for Oman Qatar Insurance CoOG'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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Oman Qatar Insurance CoOG Accounts Receivable Chart

Oman Qatar Insurance CoOG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 13.01 5.64 7.03 9.97 -

Oman Qatar Insurance CoOG Quarterly Data
Dec17 Mar18 Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.97 31.51 33.96 - -

Oman Qatar Insurance CoOG Accounts Receivable Calculation

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


Oman Qatar Insurance CoOG 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.

Oman Qatar Insurance CoOG's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/14.784*91
=0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Oman Qatar Insurance CoOG's accounts receivable are only considered to be worth 75% of book value:

Oman Qatar Insurance CoOG's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(15.341+0.75 * 0+0.5 * 0-74.031
-0-0)/161.219
=-0.36

* 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.


Oman Qatar Insurance CoOG Accounts Receivable Related Terms

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Oman Qatar Insurance CoOG (MUS:OQIC) Business Description

Traded in Other Exchanges
N/A
Address
P.O.Box.3660, Ruwi, OMN, 112
Oman Qatar Insurance Co SAOG is a life insurance company. It is engaged in the business of life and general insurance within the Sultanate of Oman. The company's segments include: Marine and aviation insurance includes marine cargo, marine hull, and machinery and aviation; Fire and general insurance includes fire, engineering, energy, motor, general accident, medical insurance, and third-party liability; and Group life and credit life insurance.

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