Kuwait Investment CoK (KUW:KINV) Change In Receivables : KWD2.41 Mil (TTM As of Mar. 2024)

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What is Kuwait Investment CoK Change In Receivables?

Kuwait Investment CoK's change in receivables for the quarter that ended in Mar. 2024 was KWD-0.96 Mil. It means Kuwait Investment CoK's Accounts Receivable increased by KWD0.96 Mil from Dec. 2023 to Mar. 2024 .

Kuwait Investment CoK's change in receivables for the fiscal year that ended in Dec. 2023 was KWD1.91 Mil. It means Kuwait Investment CoK's Accounts Receivable declined by KWD1.91 Mil from Dec. 2022 to Dec. 2023 .

Kuwait Investment CoK's Accounts Receivable for the quarter that ended in Mar. 2024 was KWD11.17 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 Investment CoK's Days Sales Outstanding for the three months ended in Mar. 2024 was 142.18.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Kuwait Investment CoK's liquidation value for the three months ended in Mar. 2024 was KWD-27.93 Mil.

Kuwait Investment CoK Change In Receivables Historical Data

The historical data trend for Kuwait Investment CoK'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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Kuwait Investment CoK Change In Receivables Chart

Kuwait Investment CoK Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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4.80

-0.24

0.64

-1.58

1.91

Kuwait Investment CoK 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															-1.46	-0.13	1.69	1.81	-0.96

Kuwait Investment CoK 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 KWD2.41 Mil.

Kuwait Investment CoK (KUW:KINV) 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 Investment CoK's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	11.167	/	7.167	*	91
=	142.18

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

Kuwait Investment CoK'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)
=	50.563	-	86.866	+	0.75 * 11.167	+	0.5 * 0
=	-27.93

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Kuwait Investment CoK (KUW:KINV) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Kuwait Investment Co SAK (KUW:KINV) » Definitions » Change In Receivables

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Address

Mubarak Al Kabeer Street, P.O. Box 1005, Souk Al Manakh Building, 5th Floor, Sharq, Safat, Kuwait, KWT, 13011

Website

https://www.kic.com.kw

Kuwait Investment Co SAK is an investment company. The company has four operating segments which include Asset Management; Direct Investments and Corporate Finance (DICF); Treasury and Other operations. It generates the majority of revenue from the DICF and Other operation segments. The DICF segment consists of managing subsidiaries, associates, long-term strategic investments, lending, real estate, and rental activities. Geographically, it derives a majority of its revenue from Kuwait.

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