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Warba Capital Holding Co (KUW:WARBACAP) Receivables Turnover : 1.52 (As of Jan. 2024)


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What is Warba Capital Holding Co Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Warba Capital Holding Co's Revenue for the three months ended in Jan. 2024 was KWD0.26 Mil. Warba Capital Holding Co's average Accounts Receivable for the three months ended in Jan. 2024 was KWD0.17 Mil. Hence, Warba Capital Holding Co's Receivables Turnover for the three months ended in Jan. 2024 was 1.52.


Warba Capital Holding Co Receivables Turnover Historical Data

The historical data trend for Warba Capital Holding Co's Receivables Turnover 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.

Warba Capital Holding Co Receivables Turnover Chart

Warba Capital Holding Co Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.77 3.61 2.89 4.07 4.05

Warba Capital Holding Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.82 0.85 0.92 0.86 1.52

Competitive Comparison of Warba Capital Holding Co's Receivables Turnover

For the Asset Management subindustry, Warba Capital Holding Co's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Warba Capital Holding Co's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Warba Capital Holding Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Warba Capital Holding Co's Receivables Turnover falls into.



Warba Capital Holding Co Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Warba Capital Holding Co's Receivables Turnover for the fiscal year that ended in Jul. 2023 is calculated as

Receivables Turnover (A: Jul. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Jul. 2023 ) / ((Accounts Receivable (A: Jul. 2022 ) + Accounts Receivable (A: Jul. 2023 )) / count )
=0.965 / ((0.285 + 0.192) / 2 )
=0.965 / 0.2385
=4.05

Warba Capital Holding Co's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

Receivables Turnover (Q: Jan. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jan. 2024 ) / ((Accounts Receivable (Q: Oct. 2023 ) + Accounts Receivable (Q: Jan. 2024 )) / count )
=0.26 / ((0 + 0.171) / 1 )
=0.26 / 0.171
=1.52

* 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.


Warba Capital Holding Co  (KUW:WARBACAP) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Warba Capital Holding Co Receivables Turnover Related Terms

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Warba Capital Holding Co (KUW:WARBACAP) Business Description

Traded in Other Exchanges
N/A
Address
Al Sharq, Khaled Bin Al-Waleed Street, P.O. Box 2383, 28th Floor, Al-Dhow Tower, Safat, Kuwait, KWT, 13024
Warba Capital Holding Co invests in industrial, utilities, services, and other related industries in addition to managing its liquidity requirements. The company's operating segment includes Investments and Manufacturing and trading. It generates maximum revenue from the Manufacturing and trading segment. Geographically, it operates only in Kuwait.

Warba Capital Holding Co (KUW:WARBACAP) Headlines

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