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The Islamic Insurance Co (AMM:TIIC) Change In Receivables : JOD0.00 Mil (TTM As of Jun. 2024)


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What is The Islamic Insurance Co Change In Receivables?

The Islamic Insurance Co's change in receivables for the quarter that ended in Jun. 2024 was JOD0.00 Mil. It means The Islamic Insurance Co's Accounts Receivable stayed the same from Mar. 2024 to Jun. 2024 .

The Islamic Insurance Co's change in receivables for the fiscal year that ended in Dec. 2023 was JOD0.01 Mil. It means The Islamic Insurance Co's Accounts Receivable declined by JOD0.01 Mil from Dec. 2022 to Dec. 2023 .

The Islamic Insurance Co's Accounts Receivable for the quarter that ended in Jun. 2024 was JOD0.00 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. The Islamic Insurance Co's liquidation value for the three months ended in Jun. 2024 was JOD5.97 Mil.


The Islamic Insurance Co Change In Receivables Historical Data

The historical data trend for The Islamic 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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The Islamic Insurance Co Change In Receivables Chart

The Islamic Insurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.21 0.04 0.35 -1.21 0.01

The Islamic Insurance Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Change In Receivables 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 -0.18 - - - -

The Islamic 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was JOD0.00 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.


The Islamic Insurance Co  (AMM:TIIC) 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.

The Islamic Insurance Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/-7.553*91
=

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

The Islamic Insurance Co's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=37.266-31.298+0.75 * 0+0.5 * 0
=5.97

* 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.


The Islamic Insurance Co Change In Receivables Related Terms

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The Islamic Insurance Co Business Description

Traded in Other Exchanges
N/A
Address
Wasfi Al-Tal Street (Al Gardens) - (94), P.O. Box 941000, Al-Tabba'a Commercial Complex, Amman, JOR, 11194
The Islamic Insurance Co is a Jordon-based insurance company engaged in insurance activities. The company offers motor, and marine transportation hazard, fire insurance, comprehensive householder insurance, engineering and contractor's plant and equipment insurance, miscellaneous insurance, workers' compensation insurance, liability insurance, glass plate insurance, personal accident insurance, and others.

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