Gulf Investment House KSC (KUW:GIH) Change In Receivables : KWD-0.36 Mil (TTM As of Dec. 2024)

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What is Gulf Investment House KSC Change In Receivables?

Gulf Investment House KSC's change in receivables for the quarter that ended in Dec. 2024 was KWD-0.83 Mil. It means Gulf Investment House KSC's Accounts Receivable increased by KWD0.83 Mil from Sep. 2024 to Dec. 2024 .

Gulf Investment House KSC's change in receivables for the fiscal year that ended in Dec. 2024 was KWD-0.36 Mil. It means Gulf Investment House KSC's Accounts Receivable increased by KWD0.36 Mil from Dec. 2023 to Dec. 2024 .

Gulf Investment House KSC's Accounts Receivable for the quarter that ended in Dec. 2024 was KWD4.12 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. Gulf Investment House KSC's Days Sales Outstanding for the three months ended in Dec. 2024 was 145.04.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Gulf Investment House KSC's liquidation value for the three months ended in Dec. 2024 was KWD5.60 Mil.

Gulf Investment House KSC Change In Receivables Historical Data

The historical data trend for Gulf Investment House KSC'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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Gulf Investment House KSC Change In Receivables Chart

Gulf Investment House KSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

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-1.06

0.41

0.07

-1.15

-0.36

Gulf Investment House KSC 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															0.13	-0.37	0.63	0.22	-0.83

Gulf Investment House KSC 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-0.36 Mil.

Gulf Investment House KSC (KUW:GIH) 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.

Gulf Investment House 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
=	4.12	/	2.592	*	91
=	145.04

2. In Ben Graham's calculation of liquidation value, Gulf Investment House KSC's accounts receivable are only considered to be worth 75% of book value:

Gulf Investment House KSC'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)
=	14.359	-	12.315	+	0.75 * 4.12	+	0.5 * 0.93
=	5.60

Gulf Investment House KSC Change In Receivables Related Terms

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Gulf Investment House KSC Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gulf Investment House KSC (KUW:GIH) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Fadh Al Salem Street, Al Qibla, P.O. Box 28808, Block 6, Safat, Kuwait City, KWT, 13149

Website

http://www.gih.com.kw

Gulf Investment House KSC (GIH) is a financial services company. It is engaged in investment activities and related financial and advisory services. The company also trades and invests in properties. The company derives majority of its revenue from Investment. The operating segments of the group are Investments, Manufacturing and Real estate. It derives a majority of revenue from the Investments segment. It earns fees and commission income from a diverse range of asset management, investment banking, custody, and brokerage services provided to the customers.

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