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Gulf Investment House KSC (KUW:GIH) Accounts Receivable : KWD4.12 Mil (As of Dec. 2024)


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What is Gulf Investment House KSC Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Gulf Investment House KSC's accounts receivables for the quarter that ended in Dec. 2024 was KWD4.12 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Gulf Investment House KSC's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 145.04.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Gulf Investment House KSC's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was KWD-0.00.


Gulf Investment House KSC Accounts Receivable Historical Data

The historical data trend for Gulf Investment House KSC'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.

Gulf Investment House KSC Accounts Receivable Chart

Gulf Investment House KSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.30 1.14 1.45 1.44 4.12

Gulf Investment House KSC Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.44 1.34 1.24 1.25 4.12

Gulf Investment House KSC Accounts Receivable Calculation

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


Gulf Investment House KSC 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.

Gulf Investment House KSC's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.12/2.592*91
=145.04

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

Gulf Investment House KSC'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)
=(14.359+0.75 * 4.12+0.5 * 0.93-12.315
-0-6.886)/398.108
=-0.00

* 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.


Gulf Investment House KSC Accounts Receivable Related Terms

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Gulf Investment House KSC Business Description

Traded in Other Exchanges
N/A
Address
Fadh Al Salem Street, Al Qibla, P.O. Box 28808, Block 6, Safat, Kuwait City, KWT, 13149
Gulf Investment House KSC (GIH) is a financial services company. It is engaged in investment activities and related financial and advisory services. The company also trades and invests in properties. The company derives majority of its revenue from Investment. The operating segments of the group are Investments, Manufacturing and Real estate. It derives a majority of revenue from the Investments segment. It earns fees and commission income from a diverse range of asset management, investment banking, custody, and brokerage services provided to the customers.

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