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Acico Industries Co KSCC (KUW:ACICO) Accounts Receivable : KWD11.59 Mil (As of Dec. 2023)


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What is Acico Industries Co KSCC Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Acico Industries Co KSCC's accounts receivables for the quarter that ended in Dec. 2023 was KWD11.59 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Acico Industries Co KSCC's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 45.74.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Acico Industries Co KSCC's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was KWD-0.88.


Acico Industries Co KSCC Accounts Receivable Historical Data

The historical data trend for Acico Industries Co KSCC'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.

* Premium members only.

Acico Industries Co KSCC Accounts Receivable Chart

Acico Industries Co KSCC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.40 15.34 18.18 15.23 11.59

Acico Industries Co KSCC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.23 19.83 16.83 16.84 11.59

Acico Industries Co KSCC Accounts Receivable Calculation

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


Acico Industries Co KSCC 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.

Acico Industries 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
=11.585/23.113*91
=45.74

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

Acico Industries Co KSCC's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(15.776+0.75 * 11.585+0.5 * 23.956-320.468
-0-7.52)/330.465
=-0.88

* 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.


Acico Industries Co KSCC Accounts Receivable Related Terms

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Acico Industries Co KSCC (KUW:ACICO) Business Description

Traded in Other Exchanges
N/A
Address
Sharq, Al - Hamra Business Tower, P.O. Box 24079, 34th floor, Safat, Kuwait, KWT, 13101
Acico Industries Co KSCC manufactures and supplies building materials. The company manufactures all types and sizes of aerated concrete and non-concrete and all its construction requirements, import, and export of all building materials. It manufactures blocks, lintels, slabs, and reinforced structural components. In addition, the company also deals in real estate, dealing in shares and bonds. Its segments consist of Real Estate, Contracting, and Industrial.

Acico Industries Co KSCC (KUW:ACICO) Headlines

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