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Al-Safat Investment Co KSCC (KUW:ALSAFAT) Change In Receivables : KWD0.07 Mil (TTM As of Mar. 2024)


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What is Al-Safat Investment Co KSCC Change In Receivables?

Al-Safat Investment Co KSCC's change in receivables for the quarter that ended in Mar. 2024 was KWD-0.18 Mil. It means Al-Safat Investment Co KSCC's Accounts Receivable increased by KWD0.18 Mil from Dec. 2023 to Mar. 2024 .

Al-Safat Investment Co KSCC's change in receivables for the fiscal year that ended in Dec. 2023 was KWD0.49 Mil. It means Al-Safat Investment Co KSCC's Accounts Receivable declined by KWD0.49 Mil from Dec. 2022 to Dec. 2023 .

Al-Safat Investment Co KSCC'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. Al-Safat Investment Co KSCC'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. Al-Safat Investment Co KSCC's liquidation value for the three months ended in Mar. 2024 was KWD-8.31 Mil.


Al-Safat Investment Co KSCC Change In Receivables Historical Data

The historical data trend for Al-Safat Investment Co KSCC'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.

Al-Safat Investment Co KSCC Change In Receivables Chart

Al-Safat Investment Co KSCC Annual Data
Trend Dec08 Dec09 Dec10 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.47 1.80 0.09 -0.13 0.49

Al-Safat Investment Co KSCC Quarterly Data
Jun11 Dec17 Dec18 Dec19 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 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 0.23 -0.13 -0.14 0.52 -0.18

Al-Safat Investment Co KSCC 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 KWD0.07 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.


Al-Safat Investment Co KSCC  (KUW:ALSAFAT) 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-Safat Investment Co KSCC's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.998*91
=0.00

2. In Ben Graham's calculation of liquidation value, Al-Safat Investment Co KSCC's accounts receivable are only considered to be worth 75% of book value:

Al-Safat Investment Co KSCC'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)
=2.174-10.488+0.75 * 0+0.5 * 0
=-8.31

* 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-Safat Investment Co KSCC (KUW:ALSAFAT) Business Description

Traded in Other Exchanges
N/A
Address
14th Floor, Beirut Street, Al-Safat Tower, Hawalli, KWT, 13062
Al-Safat Investment Co KSCC carries out investment activities for its clients, investing in various sectors through interests in companies, portfolio and fund management activities, lending, brokerage and related activities.

Al-Safat Investment Co KSCC (KUW:ALSAFAT) Headlines

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