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Kuwait Co for Process Plant Constructionntracting KPSC (KUW:KCPC) Accounts Receivable : KWD17.50 Mil (As of Dec. 2023)


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What is Kuwait Co for Process Plant Constructionntracting KPSC Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kuwait Co for Process Plant Constructionntracting KPSC's accounts receivables for the quarter that ended in Dec. 2023 was KWD17.50 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Kuwait Co for Process Plant Constructionntracting KPSC's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 189.28.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Kuwait Co for Process Plant Constructionntracting KPSC's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was KWD0.02.


Kuwait Co for Process Plant Constructionntracting KPSC Accounts Receivable Historical Data

The historical data trend for Kuwait Co for Process Plant Constructionntracting KPSC'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.

Kuwait Co for Process Plant Constructionntracting KPSC Accounts Receivable Chart

Kuwait Co for Process Plant Constructionntracting KPSC 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 36.65 16.27 13.76 16.15 17.50

Kuwait Co for Process Plant Constructionntracting KPSC 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 16.15 16.48 16.89 14.64 17.50

Kuwait Co for Process Plant Constructionntracting KPSC Accounts Receivable Calculation

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


Kuwait Co for Process Plant Constructionntracting KPSC 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.

Kuwait Co for Process Plant Constructionntracting KPSC's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=17.495/8.434*91
=189.28

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Kuwait Co for Process Plant Constructionntracting KPSC's accounts receivable are only considered to be worth 75% of book value:

Kuwait Co for Process Plant Constructionntracting KPSC'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)
=(7.342+0.75 * 17.495+0.5 * 3.484-19.703
-0-0)/118.684
=0.02

* 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.


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Kuwait Co for Process Plant Constructionntracting KPSC (KUW:KCPC) Business Description

Traded in Other Exchanges
N/A
Address
Shuwaikh Industrial No. 3, Makhfar Stree 30, P.O. Box: 3404, Near Shahrazad Round About, Safat, Kuwait City, KWT, 13035
Kuwait Co for Process Plant Construction & Contracting KPSC is engaged in building, civil construction, and infrastructure development activities. Its services comprise Civil Engineering, Road and Infrastructure, Specialty Projects, Electrical Engineering, Engineering Products, Water Facilities, Building Transport Systems, Scaffolding & Equipment Rentals, and Marble & Natural Stone Products and Services. It operates in three segments: Construction, installation, and maintenance; Hotels; and Investment of surplus funds, of which all of its revenue comes from the Construction segment. The company's geographical segments are Kuwait, United Arab Emirates, Oman, and Lebanon.

Kuwait Co for Process Plant Constructionntracting KPSC (KUW:KCPC) Headlines