National Takaful Co (Watania) PJSC (ADX:WATANIA) Change In Receivables : د.إ-21.3 Mil (TTM As of Dec. 2021)

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What is National Takaful Co (Watania) PJSC Change In Receivables?

National Takaful Co (Watania) PJSC's change in receivables for the quarter that ended in Dec. 2021 was د.إ-2.0 Mil. It means National Takaful Co (Watania) PJSC's Accounts Receivable increased by د.إ2.0 Mil from Sep. 2021 to Dec. 2021 .

National Takaful Co (Watania) PJSC's change in receivables for the fiscal year that ended in Dec. 2021 was د.إ-21.3 Mil. It means National Takaful Co (Watania) PJSC's Accounts Receivable increased by د.إ21.3 Mil from Dec. 2020 to Dec. 2021 .

National Takaful Co (Watania) PJSC's Accounts Receivable for the quarter that ended in Dec. 2021 was د.إ151.8 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 Takaful Co (Watania) PJSC's Days Sales Outstanding for the three months ended in Dec. 2021 was 222.01.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. National Takaful Co (Watania) PJSC's liquidation value for the three months ended in Dec. 2021 was د.إ-135.2 Mil.

National Takaful Co (Watania) PJSC Change In Receivables Historical Data

The historical data trend for National Takaful Co (Watania) 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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National Takaful Co (Watania) PJSC Change In Receivables Chart

National Takaful Co (Watania) PJSC Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Change In Receivables

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7.48

-4.97

-35.28

-4.22

-21.30

National Takaful Co (Watania) PJSC Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Change In Receivables	Get a 7-Day Free Trial															-3.98	-13.54	-5.35	-0.44	-1.96

National Takaful Co (Watania) 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.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ-21.3 Mil.

National Takaful Co (Watania) PJSC (ADX:WATANIA) 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 Takaful Co (Watania) 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
=	151.759	/	62.377	*	91
=	222.01

2. In Ben Graham's calculation of liquidation value, National Takaful Co (Watania) PJSC's accounts receivable are only considered to be worth 75% of book value:

National Takaful Co (Watania) 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)
=	150.565	-	399.626	+	0.75 * 151.759	+	0.5 * 0
=	-135.2

National Takaful Co (Watania) PJSC Change In Receivables Related Terms

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National Takaful Co (Watania) PJSC (ADX:WATANIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » National Takaful Co (Watania) PJSC (ADX:WATANIA) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Muroor Road (4th Street), Al Jazira Sports Complex, P.O. Box 6457, 4th Floor, Tower A, Opposite to Dusit Thani Hotel, Abu Dhabi, ARE

Website

http://www.watania.ae

National Takaful Co (Watania) PJSC is primarily engaged in providing all classes of non-family takaful solutions. The company underwrites mainly medical, property, engineering, motor, miscellaneous accident, marine and personal accident classes. The segments of the company are Medical and Non-Medical. The company operates its business in the United States of Emirates.

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