Arkan Al-Kuwait Real Estate Co KSCC (KUW:ARKAN) Accounts Receivable : KWD1.19 Mil (As of Apr. 2024)

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What is Arkan Al-Kuwait Real Estate Co KSCC Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Arkan Al-Kuwait Real Estate Co KSCC's accounts receivables for the quarter that ended in Apr. 2024 was KWD1.19 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Arkan Al-Kuwait Real Estate Co KSCC's Days Sales Outstanding for the quarter that ended in Apr. 2024 was 40.07.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Arkan Al-Kuwait Real Estate Co KSCC's Net-Net Working Capital per share for the quarter that ended in Apr. 2024 was KWD-0.45.

Arkan Al-Kuwait Real Estate Co KSCC Accounts Receivable Historical Data

The historical data trend for Arkan Al-Kuwait Real Estate 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.

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Arkan Al-Kuwait Real Estate Co KSCC Accounts Receivable Chart

Arkan Al-Kuwait Real Estate Co KSCC Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Accounts Receivable

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0.44

0.25

0.19

0.28

0.23

Arkan Al-Kuwait Real Estate Co KSCC Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Accounts Receivable	Get a 7-Day Free Trial															1.16	1.08	0.23	1.09	1.19

Arkan Al-Kuwait Real Estate Co KSCC Accounts Receivable Calculation

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

Arkan Al-Kuwait Real Estate 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.

Arkan Al-Kuwait Real Estate Co KSCC's Days Sales Outstanding for the quarter that ended in Apr. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.19	/	2.71	*	91
=	40.07

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

Arkan Al-Kuwait Real Estate Co KSCC's Net-Net Working Capital Per Share for the quarter that ended in Apr. 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)
=	(3.338	+	0.75 * 1.19	+	0.5 * 0	-	105.575
-	0	-	11.032)	/	251.15
=	-0.45

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.

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Arkan Al-Kuwait Real Estate Co KSCC (KUW:ARKAN) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Arkan Al-Kuwait Real Estate Co KSCC (KUW:ARKAN) » Definitions » Accounts Receivable

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Address

Alshuhadaa Street, P.O. Box 20678, Al Hamra Tower, 66th Floor, Sharq, Safat, Kuwait City, KWT, 13067

Website

https://www.arkanalkuwait.com

Arkan Al-Kuwait Real Estate Co KSCC is a real estate company that offers direct real estate investment and property management services. It is involved in the construction of Commercial and Residential projects. The firm offers consulting services, specialized investment studies, research, and feasibility reports. The company generates the majority of revenue from Rent.

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