Mabanee Co KPSC (KUW:MABANEE) Change In Receivables : KWD-7.7 Mil (TTM As of Mar. 2024)

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What is Mabanee Co KPSC Change In Receivables?

Mabanee Co KPSC's change in receivables for the quarter that ended in Mar. 2024 was KWD0.2 Mil. It means Mabanee Co KPSC's Accounts Receivable declined by KWD0.2 Mil from Dec. 2023 to Mar. 2024 .

Mabanee Co KPSC's change in receivables for the fiscal year that ended in Dec. 2023 was KWD-10.9 Mil. It means Mabanee Co KPSC's Accounts Receivable increased by KWD10.9 Mil from Dec. 2022 to Dec. 2023 .

Mabanee Co KPSC's Accounts Receivable for the quarter that ended in Mar. 2024 was KWD24.9 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. Mabanee Co KPSC's Days Sales Outstanding for the three months ended in Mar. 2024 was 68.50.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Mabanee Co KPSC's liquidation value for the three months ended in Mar. 2024 was KWD-520.6 Mil.

Mabanee Co KPSC Change In Receivables Historical Data

The historical data trend for Mabanee Co KPSC'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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Mabanee Co KPSC Change In Receivables Chart

Mabanee Co KPSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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5.40

1.50

7.57

1.18

-10.94

Mabanee Co KPSC 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															-3.07	2.08	1.01	-10.96	0.22

Mabanee Co KPSC 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 KWD-7.7 Mil.

Mabanee Co KPSC (KUW:MABANEE) 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.

Mabanee Co KPSC's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	24.851	/	33.106	*	91
=	68.50

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

Mabanee Co KPSC'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)
=	196.636	-	735.916	+	0.75 * 24.851	+	0.5 * 0
=	-520.6

Mabanee Co KPSC Change In Receivables Related Terms

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Mabanee Co KPSC (KUW:MABANEE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mabanee Co KPSC (KUW:MABANEE) » Definitions » Change In Receivables

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Address

Al Rai Area, Sheikh Zayed bin Sultan Al Nahyan Road, P.O. Box 5132, The Avenues - 2nd Avenue, Entrance 9, Safat, Kuwait, KWT, 13052

Website

https://www.mabanee.com

Mabanee Co KPSC is a Kuwait-based company which sells, purchases, develops, and operates real estate properties in Kuwait and abroad, including hotels, guest houses, residential and touristic complexes. The company operates through business segments namely Construction and real estate investment, Financial investments, and Hotel operations. It generates maximum revenue from Construction and real estate investment segment. The Construction and real estate investment segment include real estate development, project leasing and construction activity for self or others.

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