Coast Investment & Development Co (KUW:COAST) Accounts Receivable : KWD0.00 Mil (As of Mar. 2024)

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What is Coast Investment & Development Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Coast Investment & Development Co's accounts receivables for the quarter that ended in Mar. 2024 was KWD0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Coast Investment & Development Co's Days Sales Outstanding for the quarter that ended in Mar. 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. Coast Investment & Development Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was KWD0.01.

Coast Investment & Development Co Accounts Receivable Historical Data

The historical data trend for Coast Investment & Development Co'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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Coast Investment & Development Co Accounts Receivable Chart

Coast Investment & Development Co Annual Data

Trend

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Accounts Receivable

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Coast Investment & Development Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial															-	-	-	-	-

Coast Investment & Development Co Accounts Receivable Calculation

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

Coast Investment & Development Co 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.

Coast Investment & Development Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0.227	*	91
=	0.00

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

Coast Investment & Development Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=	(6.357	+	0.75 * 0	+	0.5 * 0	-	1.623
-	0	-	0)	/	465.027
=	0.01

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.

Coast Investment & Development Co Accounts Receivable Related Terms

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Coast Investment & Development Co (KUW:COAST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Coast Investment & Development Co (KUW:COAST) » Definitions » Accounts Receivable

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Traded in Other Exchanges

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Address

Al Sharq Area, Shuhada Street, P.O. Box 26755, Coast Building, Al Asima Governate, Kuwait, KWT, 13128

Website

https://www.coast.com.kw

Coast Investment & Development Co is a financial institution. The coast is engaged in a variety of investment management activities such as private equity, asset management, and real estate investments both locally and internationally. It also offers a wide array of investment services including portfolio and fund management, advisory services, corporate finance, and online equity trading services. The company's geographical segment includes Kuwait and GCC; Europe and the USA. It derives the majority of its revenue from Kuwait and GCC.

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