Kuwait Insurance Co (KUW:KINS) Change In Receivables : KWD0.00 Mil (TTM As of Mar. 2024)

View and export this data going back to 1984. Start your Free Trial

What is Kuwait Insurance Co Change In Receivables?

Kuwait Insurance Co's change in receivables for the quarter that ended in Mar. 2024 was KWD0.00 Mil. It means Kuwait Insurance Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Kuwait Insurance Co's change in receivables for the fiscal year that ended in Dec. 2023 was KWD0.00 Mil. It means Kuwait Insurance Co's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Kuwait Insurance Co's Accounts Receivable for the quarter that ended in Mar. 2024 was KWD0.00 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. Kuwait Insurance Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Kuwait Insurance Co's liquidation value for the three months ended in Mar. 2024 was KWD20.22 Mil.

Kuwait Insurance Co Change In Receivables Historical Data

The historical data trend for Kuwait 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.

* Premium members only.

Kuwait Insurance Co Change In Receivables Chart

Kuwait Insurance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

1.92

-6.07

-0.69

-1.11

Kuwait Insurance Co 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															-	-	-	-	-

Kuwait 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 KWD0.00 Mil.

Kuwait Insurance Co (KUW:KINS) 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.

Kuwait 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
=	0	/	11.611	*	91
=	0.00

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

Kuwait 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)
=	106.123	-	85.9	+	0.75 * 0	+	0.5 * 0
=	20.22

Kuwait Insurance Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of Kuwait Insurance Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Kuwait Insurance Co (KUW:KINS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Kuwait Insurance Co (KUW:KINS) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Abdullah Al Salem Street, P.O. Box 769, Kuwait Insurance House, Safat, Kuwait City, KWT, 13008

Website

http://www.kic-kw.com

Kuwait Insurance Co underwrites life and non-life insurance risks such as fire, general accidents, marine and aviation and others, lends funds against life insurance policies and invests in permitted securities and real estate properties. It provides many Marine Insurance Services required for individuals and groups, to compensate for loss of and/or damage to the insured goods during transportation from one place to another.