Al-Arabiya Real Estate Co KSC (KUW:ARABREC) Change In Receivables : KWD0.63 Mil (TTM As of Mar. 2024)

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What is Al-Arabiya Real Estate Co KSC Change In Receivables?

Al-Arabiya Real Estate Co KSC's change in receivables for the quarter that ended in Mar. 2024 was KWD-0.38 Mil. It means Al-Arabiya Real Estate Co KSC's Accounts Receivable increased by KWD0.38 Mil from Dec. 2023 to Mar. 2024 .

Al-Arabiya Real Estate Co KSC's change in receivables for the fiscal year that ended in Dec. 2023 was KWD0.24 Mil. It means Al-Arabiya Real Estate Co KSC's Accounts Receivable declined by KWD0.24 Mil from Dec. 2022 to Dec. 2023 .

Al-Arabiya Real Estate Co KSC's Accounts Receivable for the quarter that ended in Mar. 2024 was KWD4.78 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. Al-Arabiya Real Estate Co KSC's Days Sales Outstanding for the three months ended in Mar. 2024 was 1,185.75.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Al-Arabiya Real Estate Co KSC's liquidation value for the three months ended in Mar. 2024 was KWD-76.30 Mil.

Al-Arabiya Real Estate Co KSC Change In Receivables Historical Data

The historical data trend for Al-Arabiya Real Estate Co KSC'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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Al-Arabiya Real Estate Co KSC Change In Receivables Chart

Al-Arabiya Real Estate Co KSC Annual Data

Trend

Dec10

Dec11

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.42

-0.99

0.22

0.64

0.24

Al-Arabiya Real Estate Co KSC 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															-0.78	0.89	-3.72	3.85	-0.38

Al-Arabiya Real Estate Co KSC 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 KWD0.63 Mil.

Al-Arabiya Real Estate Co KSC (KUW:ARABREC) 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.

Al-Arabiya Real Estate Co KSC's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4.782	/	0.368	*	91
=	1,185.75

2. In Ben Graham's calculation of liquidation value, Al-Arabiya Real Estate Co KSC's accounts receivable are only considered to be worth 75% of book value:

Al-Arabiya Real Estate Co KSC'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)
=	3.325	-	83.211	+	0.75 * 4.782	+	0.5 * 0
=	-76.30

Al-Arabiya Real Estate Co KSC Change In Receivables Related Terms

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Al-Arabiya Real Estate Co KSC (KUW:ARABREC) Business Description

Industry

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Address

Ahmad Al-Jaber Street, 7th Floor, Emad Commercial Center, PO Box 26980, Sharq, Safat, Kuwait City, KWT, 13130

Website

http://www.arec-kwt.com

Al-Arabiya Real Estate Co KSC is a Kuwait based company involved in the construction, contracting, developing and managing the activities of residential buildings, hotels, and commercial centres within the private and public sector. It operates in three segments. Real estate segment involves activities related to real estate investment properties. Hotels segment, which is the key revenue generator, involves establishment, acquiring and managing hotels. Investment segment involves investing in shares and share capital of the companies. Geographically, it generates revenue from Kuwait being the highest revenue driver, United Arab Emirates, and Egypt.

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