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Real Estate Trade Centers Co (KUW:MARAKEZ) Accounts Receivable : KWD0.02 Mil (As of Sep. 2024)


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What is Real Estate Trade Centers Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Real Estate Trade Centers Co's accounts receivables for the quarter that ended in Sep. 2024 was KWD0.02 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Real Estate Trade Centers Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 139.92.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Real Estate Trade Centers Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was KWD-0.03.


Real Estate Trade Centers Co Accounts Receivable Historical Data

The historical data trend for Real Estate Trade Centers 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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Real Estate Trade Centers Co Accounts Receivable Chart

Real Estate Trade Centers Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Real Estate Trade Centers Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.02 - 0.03 0.03 0.02

Real Estate Trade Centers Co Accounts Receivable Calculation

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


Real Estate Trade Centers 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.

Real Estate Trade Centers Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.023/0.015*91
=139.92

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

Real Estate Trade Centers Co's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(0.001+0.75 * 0.023+0.5 * 0-4.545
-0-0)/138.75
=-0.03

* 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.


Real Estate Trade Centers Co Accounts Receivable Related Terms

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Real Estate Trade Centers Co Business Description

Traded in Other Exchanges
N/A
Address
Salhia Commercial Complex, P.O. Box 26400, Block 23, First Floor, Entrance No. 2, Safat, Kuwait, KWT, 13124
Real Estate Trade Centers Co engages in the real estate business in Kuwait. The company is engaged in the business of owning, selling, and purchasing lands, real estate, and shares of real estate companies, managing hotels, and health clubs, establishing and managing investment funds, owning commercial markets, and building the infrastructure of related projects also property management of third parties and leasing and marketing properties. It is also engaged in owning and operating housing complexes; and holding real estate auctions.

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