Kuwait Reinsurance Co KSC (KUW:KUWAITRE) Change In Receivables : KWD0.00 Mil (TTM As of Dec. 2023)

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What is Kuwait Reinsurance Co KSC Change In Receivables?

Kuwait Reinsurance Co KSC's change in receivables for the quarter that ended in Dec. 2023 was KWD0.30 Mil. It means Kuwait Reinsurance Co KSC's Accounts Receivable declined by KWD0.30 Mil from Sep. 2023 to Dec. 2023 .

Kuwait Reinsurance Co KSC's change in receivables for the fiscal year that ended in Dec. 2023 was KWD0.00 Mil. It means Kuwait Reinsurance Co KSC's Accounts Receivable declined by KWD0.00 Mil from Dec. 2022 to Dec. 2023 .

Kuwait Reinsurance Co KSC's Accounts Receivable for the quarter that ended in Dec. 2023 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. Kuwait Reinsurance Co KSC's Days Sales Outstanding for the three months ended in Dec. 2023 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. Kuwait Reinsurance Co KSC's liquidation value for the three months ended in Dec. 2023 was KWD-111.52 Mil.

Kuwait Reinsurance Co KSC Change In Receivables Historical Data

The historical data trend for Kuwait Reinsurance Co KSC'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 Reinsurance Co KSC Change In Receivables Chart

Kuwait Reinsurance Co KSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-9.19

3.59

-7.00

-0.05

Kuwait Reinsurance Co KSC 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	Get a 7-Day Free Trial															0.17	-21.30	21.18	-0.18	0.30

Kuwait Reinsurance Co KSC 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 KWD0.00 Mil.

Kuwait Reinsurance Co KSC (KUW:KUWAITRE) 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 Reinsurance Co KSC's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	8.048	*	91
=	0.00

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

Kuwait Reinsurance Co KSC'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)
=	7.619	-	119.134	+	0.75 * 0	+	0.5 * 0
=	-111.52

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Kuwait Reinsurance Co KSC (KUW:KUWAITRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Kuwait Reinsurance Co KSC (KUW:KUWAITRE) » Definitions » Change In Receivables

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Address

Al-Shuhada's Street, Kuwait Return Tower- 8, 9, 13 Floors, Al Sharq District, Kuwait, KWT

Website

https://www.kuwaitre.com

Kuwait Reinsurance Co KSC operates as a reinsurance company. It provides traditional and tailored reinsurance solutions to its customers in the energy sector in Kuwait. The company provides tailored risk solutions for a variety of industries. Their operating segments include Fire, General Accident, Marine, Energy, Aviation, and life. The majority of the revenue is derived from its fire insurance business. The company's activities are spread across Kuwait, the Middle East, and North Africa.

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