GURUFOCUS.COM » STOCK LIST » Industrials » Construction » National Industries Co KSC (KUW:NICBM) » Definitions » Accounts Receivable

National Industries Co KSC (KUW:NICBM) Accounts Receivable : KWD10.99 Mil (As of Dec. 2024)


View and export this data going back to 2003. Start your Free Trial

What is National Industries Co KSC Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. National Industries Co KSC's accounts receivables for the quarter that ended in Dec. 2024 was KWD10.99 Mil.

Accounts receivable can be measured by Days Sales Outstanding. National Industries Co KSC's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 76.92.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. National Industries Co KSC's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was KWD0.04.


National Industries Co KSC Accounts Receivable Historical Data

The historical data trend for National Industries Co 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.

National Industries Co KSC Accounts Receivable Chart

National Industries Co 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 10.63 8.72 11.61 12.01 10.99

National Industries Co 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 12.01 15.86 15.38 15.64 10.99

National Industries Co KSC Accounts Receivable Calculation

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


National Industries Co 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.

National Industries Co 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
=10.992/13.04*91
=76.92

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

National Industries Co 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)
=(22.883+0.75 * 10.992+0.5 * 24.377-29.335
-0-0.841)/358.447
=0.04

* 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.


National Industries Co KSC Accounts Receivable Related Terms

Thank you for viewing the detailed overview of National Industries Co KSC's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


National Industries Co KSC Business Description

Traded in Other Exchanges
N/A
Address
Jahra Road and International Airport Road, South Shuwaikh, PO Box 3314, Safat, Kuwait City, KWT, 13034
National Industries Co KSC is a company specializing in the manufacture and marketing of building materials and infrastructure products in the State of Kuwait. The business has four business segments which include building materials and contracting services, the Oil sector, Real estate, and investments. The majority of its revenue derives from the building materials and contracting services segment.

National Industries Co KSC Headlines

No Headlines