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Jubilee Life Insurance Co (KAR:JLICL) Change In Receivables : ₨0 Mil (TTM As of Mar. 2024)


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What is Jubilee Life Insurance Co Change In Receivables?

Jubilee Life Insurance Co's change in receivables for the quarter that ended in Mar. 2024 was ₨0 Mil. It means Jubilee Life Insurance Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Jubilee Life Insurance Co's change in receivables for the fiscal year that ended in Dec. 2023 was ₨0 Mil. It means Jubilee Life Insurance Co's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Jubilee Life Insurance Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ₨2,952 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. Jubilee Life Insurance Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 13.39.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Jubilee Life Insurance Co's liquidation value for the three months ended in Mar. 2024 was ₨-158,954 Mil.


Jubilee Life Insurance Co Change In Receivables Historical Data

The historical data trend for Jubilee Life Insurance Co'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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Jubilee Life Insurance Co Change In Receivables Chart

Jubilee Life Insurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
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Jubilee Life Insurance Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Jubilee Life Insurance Co 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 ₨0 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.


Jubilee Life Insurance Co  (KAR:JLICL) 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.

Jubilee Life Insurance Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2951.889/20122.606*91
=13.39

2. In Ben Graham's calculation of liquidation value, Jubilee Life Insurance Co's accounts receivable are only considered to be worth 75% of book value:

Jubilee Life Insurance Co'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)
=31516.523-192684.901+0.75 * 2951.889+0.5 * 0
=-158,954

* 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.


Jubilee Life Insurance Co Change In Receivables Related Terms

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Jubilee Life Insurance Co (KAR:JLICL) Business Description

Traded in Other Exchanges
N/A
Address
M.T. Khan Road, 74/1- A, Lalazar, Jubilee Life Insurance Building, Karachi, SD, PAK, 74000
Jubilee Life Insurance Co Ltd is engaged in life insurance, carrying on non-participating business. It operates through seven segments, namely Individual Life Unit Linked, Conventional Business, Accident & Health Business, Overseas Group Life & Health Business, Individual Family Takafu, Group Family Takaful, and Accident & Health Family Takaful. The company generates the majority of its revenue from the Individual Life Unit Linked segment. Individual life contracts are mainly regular premium unit-linked policies, where policy value is determined as per the underlying assets' value.

Jubilee Life Insurance Co (KAR:JLICL) Headlines

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