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Bahrain Kuwait Insurance Co BSC (BAH:BKIC) Change In Receivables : BHD-5.94 Mil (TTM As of Mar. 2024)


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What is Bahrain Kuwait Insurance Co BSC Change In Receivables?

Bahrain Kuwait Insurance Co BSC's change in receivables for the quarter that ended in Mar. 2024 was BHD-5.94 Mil. It means Bahrain Kuwait Insurance Co BSC's Accounts Receivable increased by BHD5.94 Mil from Dec. 2023 to Mar. 2024 .

Bahrain Kuwait Insurance Co BSC's change in receivables for the fiscal year that ended in Dec. 2023 was BHD1.47 Mil. It means Bahrain Kuwait Insurance Co BSC's Accounts Receivable declined by BHD1.47 Mil from Dec. 2022 to Dec. 2023 .

Bahrain Kuwait Insurance Co BSC's Accounts Receivable for the quarter that ended in Mar. 2024 was BHD0.00 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. Bahrain Kuwait Insurance Co BSC's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Bahrain Kuwait Insurance Co BSC's liquidation value for the three months ended in Mar. 2024 was BHD-118.43 Mil.


Bahrain Kuwait Insurance Co BSC Change In Receivables Historical Data

The historical data trend for Bahrain Kuwait Insurance Co BSC'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.

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Bahrain Kuwait Insurance Co BSC Change In Receivables Chart

Bahrain Kuwait Insurance Co BSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -3.90 1.47

Bahrain Kuwait Insurance Co BSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -3.05 - - - -5.94

Bahrain Kuwait Insurance Co BSC 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was BHD-5.94 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.


Bahrain Kuwait Insurance Co BSC  (BAH:BKIC) 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.

Bahrain Kuwait Insurance Co BSC's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/14.006*91
=0.00

2. In Ben Graham's calculation of liquidation value, Bahrain Kuwait Insurance Co BSC's accounts receivable are only considered to be worth 75% of book value:

Bahrain Kuwait Insurance Co BSC's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=15.406-133.836+0.75 * 0+0.5 * 0
=-118.43

* 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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Bahrain Kuwait Insurance Co BSC (BAH:BKIC) Business Description

Traded in Other Exchanges
N/A
Address
BKIC Tower 2775, Road 2835, PO Box 10166, Block 428, Seef District, Manama, BHR
Bahrain Kuwait Insurance Co BSC is a Bahrain- based insurance company. The operating segment of the company is Fire and general, Motor, Marine and Aviation and Family Takaful. Fire and General covers risks of fire, general accident, medical, group life and special contingency. Motor covers risks of motor third party, motor comprehensive and extended warranty. Marine and Aviation cover risks of marine cargo, marine hull, and marine aviation. Family Takaful covers risks of group life, education, protection, savings, among others. Geographically, it operates in Bahrain and some other countries.

Bahrain Kuwait Insurance Co BSC (BAH:BKIC) Headlines

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