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Jordan Kuwait Bank (AMM:JOKB) Accounts Receivable : JOD0.0 Mil (As of Dec. 2024)


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What is Jordan Kuwait Bank Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Jordan Kuwait Bank's accounts receivables for the quarter that ended in Dec. 2024 was JOD0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Jordan Kuwait Bank's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Jordan Kuwait Bank's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was JOD-21.61.


Jordan Kuwait Bank Accounts Receivable Historical Data

The historical data trend for Jordan Kuwait Bank's Accounts Receivable 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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Jordan Kuwait Bank Accounts Receivable Chart

Jordan Kuwait Bank Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
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Jordan Kuwait Bank Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Jordan Kuwait Bank Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Jordan Kuwait Bank Accounts Receivable 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 receivables are being managed.

Jordan Kuwait Bank's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/285.916*91
=0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Jordan Kuwait Bank's accounts receivable are only considered to be worth 75% of book value:

Jordan Kuwait Bank's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1680.152+0.75 * 0+0.5 * 0-4744.196
-0-178.013)/150.000
=-21.61

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Jordan Kuwait Bank Accounts Receivable Related Terms

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Jordan Kuwait Bank Business Description

Traded in Other Exchanges
N/A
Address
62 Omaya Bin Abdshams Street, P.O. Box 9776, Amman, JOR, 11191
Jordan Kuwait Bank provides banking and financial services. It offers Retail banking, Business Banking, Private Banking, and Treasury and Investment. The Bank conducts international operations through its branches in Cyprus and Palestine. The Bank offers individual (retail) loans, real estate loans, and loans to large companies, small and medium enterprises (SMEs), and government and public sector companies. Also, offers current accounts, savings accounts, and fixed deposits. It offers automobile, housing, and student loans. It offers American Express, MasterCard, and Visa cards. The Bank performs its operations mainly in the Hashemite Kingdom of Jordan which represents local operations, and hence it generates most of its revenue from Jordan itself.

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