IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Change In Receivables : KWD13.69 Mil (TTM As of Mar. 2024)

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What is IFA Hotels & Resorts Co KSCC Change In Receivables?

IFA Hotels & Resorts Co KSCC's change in receivables for the quarter that ended in Mar. 2024 was KWD-0.26 Mil. It means IFA Hotels & Resorts Co KSCC's Accounts Receivable increased by KWD0.26 Mil from Dec. 2023 to Mar. 2024 .

IFA Hotels & Resorts Co KSCC's change in receivables for the fiscal year that ended in Dec. 2023 was KWD15.14 Mil. It means IFA Hotels & Resorts Co KSCC's Accounts Receivable declined by KWD15.14 Mil from Dec. 2022 to Dec. 2023 .

IFA Hotels & Resorts Co KSCC's Accounts Receivable for the quarter that ended in Mar. 2024 was KWD16.78 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. IFA Hotels & Resorts Co KSCC's Days Sales Outstanding for the three months ended in Mar. 2024 was 147.04.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. IFA Hotels & Resorts Co KSCC's liquidation value for the three months ended in Mar. 2024 was KWD-129.12 Mil.

IFA Hotels & Resorts Co KSCC Change In Receivables Historical Data

The historical data trend for IFA Hotels & Resorts 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.

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IFA Hotels & Resorts Co KSCC Change In Receivables Chart

IFA Hotels & Resorts Co KSCC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-22.98

19.20

-3.52

23.79

15.14

IFA Hotels & Resorts Co KSCC 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															1.19	2.75	7.68	3.52	-0.26

IFA Hotels & Resorts 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 KWD13.69 Mil.

IFA Hotels & Resorts Co KSCC (KUW:IFAHR) 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.

IFA Hotels & Resorts 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
=	16.781	/	10.414	*	91
=	147.04

2. In Ben Graham's calculation of liquidation value, IFA Hotels & Resorts Co KSCC's accounts receivable are only considered to be worth 75% of book value:

IFA Hotels & Resorts 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)
=	8.159	-	153.575	+	0.75 * 16.781	+	0.5 * 7.427
=	-129.12

IFA Hotels & Resorts Co KSCC Change In Receivables Related Terms

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IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Business Description

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Traded in Other Exchanges

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Address

Souk Al-Kuwait Building, Block A, P.O. Box 4694, 8th Floor, Al Abdul Razzak Square, Safat, Kuwait City, KWT, 13047

Website

https://www.ifahotelsresorts.com

IFA Hotels & Resorts Co KSCC is engaged in the development and operations of mixed-use hotel and tourism resort projects and luxury leisure services. In addition, it invests in the land; and engages in property development activities. The company operates in four reportable segments namely property development, hoteliering, investments, and others. The majority of the revenue is generated from the property development segment. Its geographical segments include Kuwait, United Arab Emirates & Asia, Africa, and others, of which majority revenue comes from the United Arab Emirates & Asia.

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