Automated Systems Company (K.S.C.C) (KUW:ASC) Change In Receivables : KWD-1.78 Mil (TTM As of Dec. 2024)

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What is Automated Systems Company (K.S.C.C) Change In Receivables?

Automated Systems Company (K.S.C.C)'s change in receivables for the quarter that ended in Dec. 2024 was KWD-1.67 Mil. It means Automated Systems Company (K.S.C.C)'s Accounts Receivable increased by KWD1.67 Mil from Sep. 2024 to Dec. 2024 .

Automated Systems Company (K.S.C.C)'s change in receivables for the fiscal year that ended in Dec. 2024 was KWD-1.78 Mil. It means Automated Systems Company (K.S.C.C)'s Accounts Receivable increased by KWD1.78 Mil from Dec. 2023 to Dec. 2024 .

Automated Systems Company (K.S.C.C)'s Accounts Receivable for the quarter that ended in Dec. 2024 was KWD0.48 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. Automated Systems Company (K.S.C.C)'s Days Sales Outstanding for the three months ended in Dec. 2024 was 31.21.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Automated Systems Company (K.S.C.C)'s liquidation value for the three months ended in Dec. 2024 was KWD5.90 Mil.

Automated Systems Company (K.S.C.C) Change In Receivables Historical Data

The historical data trend for Automated Systems Company (K.S.C.C)'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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Automated Systems Company (K.S.C.C) Change In Receivables Chart

Automated Systems Company (K.S.C.C) Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

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0.69

-0.57

0.05

-1.78

Automated Systems Company (K.S.C.C) Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Change In Receivables	Get a 7-Day Free Trial															-0.32	0.53	-0.79	0.14	-1.67

Automated Systems Company (K.S.C.C) 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD-1.78 Mil.

Automated Systems Company (K.S.C.C) (KUW:ASC) 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.

Automated Systems Company (K.S.C.C)'s Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.475	/	1.389	*	91
=	31.21

2. In Ben Graham's calculation of liquidation value, Automated Systems Company (K.S.C.C)'s accounts receivable are only considered to be worth 75% of book value:

Automated Systems Company (K.S.C.C)'s liquidation value for the quarter that ended in Dec. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	6.82	-	2.025	+	0.75 * 0.475	+	0.5 * 1.503
=	5.90

Automated Systems Company (K.S.C.C) Change In Receivables Related Terms

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Automated Systems Company (K.S.C.C) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Automated Systems Company Ltd (K.S.C.C) (KUW:ASC) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Free zone, Future Area, P.O.Box 27159, Plot No. 28B / 29B, Safat, Kuwait, KWT, 13132

Website

http://www.asc-me.net

Automated Systems Company Ltd (K.S.C.C) operates in the IT (information technology) sector. It provides full end-to-end solution starting from cabling and network infrastructure up to the level of enterprise resource planning (ERP) implementation through specialized engineers. Its business activities are divided into three divisions including Global Distribution Systems, Services & Solutions and Engineering Solutions. The company offers various services including systems integration, in-house developed application and mobility solutions, IT managed services, consulting services, cloud computing, among others.