Watania International Holding PJSC (DFM:WATANIA) Change In Receivables : د.إ9.1 Mil (TTM As of Mar. 2024)

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What is Watania International Holding PJSC Change In Receivables?

Watania International Holding PJSC's change in receivables for the quarter that ended in Mar. 2024 was د.إ-23.9 Mil. It means Watania International Holding PJSC's Accounts Receivable increased by د.إ23.9 Mil from Dec. 2023 to Mar. 2024 .

Watania International Holding PJSC's change in receivables for the fiscal year that ended in Dec. 2023 was د.إ17.9 Mil. It means Watania International Holding PJSC's Accounts Receivable declined by د.إ17.9 Mil from Dec. 2022 to Dec. 2023 .

Watania International Holding PJSC's Accounts Receivable for the quarter that ended in Mar. 2024 was د.إ43.2 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. Watania International Holding PJSC's Days Sales Outstanding for the three months ended in Mar. 2024 was 28.71.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Watania International Holding PJSC's liquidation value for the three months ended in Mar. 2024 was د.إ-608.0 Mil.

Watania International Holding PJSC Change In Receivables Historical Data

The historical data trend for Watania International Holding 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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Watania International Holding PJSC Change In Receivables Chart

Watania International Holding PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-59.75

72.46

-30.76

18.75

17.94

Watania International Holding PJSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-15.06	-10.87	5.14	38.72	-23.86

Watania International Holding 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ9.1 Mil.

Watania International Holding PJSC (DFM: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.

Watania International Holding PJSC's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	43.201	/	137.305	*	91
=	28.71

2. In Ben Graham's calculation of liquidation value, Watania International Holding PJSC's accounts receivable are only considered to be worth 75% of book value:

Watania International Holding PJSC's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	406.978	-	1047.39	+	0.75 * 43.201	+	0.5 * 0
=	-608.0

Watania International Holding PJSC Change In Receivables Related Terms

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Watania International Holding PJSC (DFM:WATANIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Watania International Holding PJSC (DFM:WATANIA) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

15th Floor, O-14 Tower, Marasi Drive, Business Bay, P.O. Box 235353, Dubai, ARE

Website

https://www.dat.ae

Watania International Holding PJSC Formerly Dar Al Takaful PJSC is an Islamic Insurance company providing insurance services. The group mainly issues long-term and short-term takaful contracts in connection with life and non-life takaful such as motor, marine, fire, engineering, medical, and general accident risks. The company offers a broad range of takaful general and customized Islamic insurance products and services to individuals, families, and companies in the UAE. Its main business segments include general, family life, and medical insurance. The group also invests its funds in investment securities.

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