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Inovest BSC (KUW:INOVEST) Change In Receivables : KWD0.88 Mil (TTM As of Jun. 2024)


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What is Inovest BSC Change In Receivables?

Inovest BSC's change in receivables for the quarter that ended in Jun. 2024 was KWD1.61 Mil. It means Inovest BSC's Accounts Receivable declined by KWD1.61 Mil from Mar. 2024 to Jun. 2024 .

Inovest BSC's change in receivables for the fiscal year that ended in Dec. 2023 was KWD-1.42 Mil. It means Inovest BSC's Accounts Receivable increased by KWD1.42 Mil from Dec. 2022 to Dec. 2023 .

Inovest BSC's Accounts Receivable for the quarter that ended in Jun. 2024 was KWD3.00 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Inovest BSC's liquidation value for the three months ended in Jun. 2024 was KWD-13.37 Mil.


Inovest BSC Change In Receivables Historical Data

The historical data trend for Inovest 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.

* Premium members only.

Inovest BSC Change In Receivables Chart

Inovest 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 -0.28 0.94 0.03 -1.42

Inovest BSC Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -0.11 1.43 -1.73 -0.42 1.61

Inovest 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD0.88 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.


Inovest BSC  (KUW:INOVEST) 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.

Inovest BSC's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.997/-0.073*91
=

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

Inovest BSC's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=3.417-19.03+0.75 * 2.997+0.5 * 0
=-13.37

* 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.


Inovest BSC Change In Receivables Related Terms

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Inovest BSC Business Description

Traded in Other Exchanges
Address
King Faisal Street, Bahrain Financial Harbour, 35th Floor, P.O. Box 18334, East Tower, Manama, BHR
Inovest BSC is an investment company. The principal business activity of the company includes all types of investments, including direct investment and securities, and varied investment funds; establishing and managing various investment funds; and dealing in financial instruments in the local, regional and international markets. Its segments are Investment and related services, Construction contracts, Development and sale of industrial plots and Property and facility management services.

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