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Al Wathba National Insurance Co PJSC (ADX:AWNIC) Change In Receivables : د.إ-7.9 Mil (TTM As of Dec. 2021)


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What is Al Wathba National Insurance Co PJSC Change In Receivables?

Al Wathba National Insurance Co PJSC's change in receivables for the quarter that ended in Dec. 2021 was د.إ20.2 Mil. It means Al Wathba National Insurance Co PJSC's Accounts Receivable declined by د.إ20.2 Mil from Sep. 2021 to Dec. 2021 .

Al Wathba National Insurance Co PJSC's change in receivables for the fiscal year that ended in Dec. 2022 was د.إ-8.0 Mil. It means Al Wathba National Insurance Co PJSC's Accounts Receivable increased by د.إ8.0 Mil from Dec. 2021 to Dec. 2022 .

Al Wathba National Insurance Co PJSC's Accounts Receivable for the quarter that ended in Dec. 2021 was د.إ44.2 Mil.

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 Receivable are being managed. Al Wathba National Insurance Co PJSC's Days Sales Outstanding for the three months ended in Dec. 2021 was 59.45.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Al Wathba National Insurance Co PJSC's liquidation value for the three months ended in Dec. 2021 was د.إ-361.9 Mil.


Al Wathba National Insurance Co PJSC Change In Receivables Historical Data

The historical data trend for Al Wathba National Insurance Co PJSC's Change In Receivables 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.

Al Wathba National Insurance Co PJSC Change In Receivables Chart

Al Wathba National Insurance Co PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.84 6.13 -37.42 -7.89 -8.02

Al Wathba National Insurance Co PJSC Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Dec22
Change In Receivables 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 -26.97 12.49 -13.58 20.18 -

Al Wathba National Insurance Co PJSC Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ-7.9 Mil.

* 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.


Al Wathba National Insurance Co PJSC  (ADX:AWNIC) Change In Receivables 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 Receivable are being managed.

Al Wathba National Insurance Co PJSC's Days Sales Outstanding for the quarter that ended in Dec. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=44.17/67.802*91
=59.45

2. In Ben Graham's calculation of liquidation value, Al Wathba National Insurance Co PJSC's accounts receivable are only considered to be worth 75% of book value:

Al Wathba National Insurance Co PJSC's liquidation value for the quarter that ended in Dec. 2021 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=470.415-865.42+0.75 * 44.17+0.5 * 0
=-361.9

* 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.


Al Wathba National Insurance Co PJSC Change In Receivables Related Terms

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Al Wathba National Insurance Co PJSC (ADX:AWNIC) Business Description

Traded in Other Exchanges
N/A
Address
Najda Street, Al Wathba National Insurance Building, P.O. Box 45154, Abu Dhabi, ARE
Al Wathba National Insurance Co PJSC is an insurance company based in Abu Dhabi. The Company's principal activity is the writing of general insurance business of all classes. The company's operating segment includes Marine and Aviation; Fire and General Accident; Medical; Motor and Investments.

Al Wathba National Insurance Co PJSC (ADX:AWNIC) Headlines

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