Advanced Technology Co KSCC (KUW:ATC) Change In Receivables

: KWD17.1 Mil (TTM As of Dec. 2023)

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Advanced Technology Co KSCC's change in receivables for the quarter that ended in Dec. 2023 was KWD-6.6 Mil. It means Advanced Technology Co KSCC's Accounts Receivable increased by KWD6.6 Mil from Sep. 2023 to Dec. 2023 .

Advanced Technology Co KSCC's change in receivables for the fiscal year that ended in Dec. 2023 was KWD17.1 Mil. It means Advanced Technology Co KSCC's Accounts Receivable declined by KWD17.1 Mil from Dec. 2022 to Dec. 2023 .

Advanced Technology Co KSCC's Accounts Receivable for the quarter that ended in Dec. 2023 was KWD199.2 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. Advanced Technology Co KSCC's Days Sales Outstanding for the three months ended in Dec. 2023 was 350.15.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Advanced Technology Co KSCC's liquidation value for the three months ended in Dec. 2023 was KWD-95.6 Mil.

Advanced Technology Co KSCC Change In Receivables Historical Data

The historical data trend for Advanced Technology 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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Advanced Technology Co KSCC Annual Data

Trend

Dec11

Dec12

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

13.61

-26.70

-11.74

-15.46

17.10

Advanced Technology Co KSCC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables																6.34	14.33	14.45	-5.09	-6.59

Advanced Technology 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD17.1 Mil.

Advanced Technology Co KSCC (KUW:ATC) 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.

Advanced Technology Co KSCC's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	199.222	/	51.918	*	91
=	350.15

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

Advanced Technology Co KSCC's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3.128	-	274.698	+	0.75 * 199.222	+	0.5 * 53.177
=	-95.6

Advanced Technology Co KSCC Change In Receivables Related Terms

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Advanced Technology Co KSCC (KUW:ATC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Advanced Technology Co KSCC (KUW:ATC) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

Salem Al Mubarak Street, ATC Tower, P.O.Box: 44558, Street 1 Opposite Layla Tower, Block 4, Salmiya, Hawali, Kuwait, KWT, 32060

Website

https://www.atc.com.kw

Advanced Technology Co KSCC is a medical equipment supplier to the Kuwait healthcare sector. Some of the services provided by the company are - Diagnostic imaging, Laboratory environmental management and Automation, Medical & surgical O.R solutions, Healthcare manpower services, and more. The firm operates in one business segment namely trading, installation, and maintenance of medical and healthcare-related products. It also engages in constructing, managing, and possessing hospitals, medical centers, clinics, and specialized labs. In addition, the firm offers a pharmacy license, and home care services.

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