Kuwait Business Town Real Estate Co (KUW:KBT) Change In Receivables : KWD1.92 Mil (TTM As of Mar. 2024)

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What is Kuwait Business Town Real Estate Co Change In Receivables?

Kuwait Business Town Real Estate Co's change in receivables for the quarter that ended in Mar. 2024 was KWD2.18 Mil. It means Kuwait Business Town Real Estate Co's Accounts Receivable declined by KWD2.18 Mil from Dec. 2023 to Mar. 2024 .

Kuwait Business Town Real Estate Co's change in receivables for the fiscal year that ended in Dec. 2023 was KWD0.26 Mil. It means Kuwait Business Town Real Estate Co's Accounts Receivable declined by KWD0.26 Mil from Dec. 2022 to Dec. 2023 .

Kuwait Business Town Real Estate Co's Accounts Receivable for the quarter that ended in Mar. 2024 was KWD0.74 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. Kuwait Business Town Real Estate Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 116.40.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Kuwait Business Town Real Estate Co's liquidation value for the three months ended in Mar. 2024 was KWD-25.68 Mil.

Kuwait Business Town Real Estate Co Change In Receivables Historical Data

The historical data trend for Kuwait Business Town Real Estate Co'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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Kuwait Business Town Real Estate Co Change In Receivables Chart

Kuwait Business Town Real Estate Co Annual Data

Trend

Dec10

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.24

-0.95

0.81

-0.16

0.26

Kuwait Business Town Real Estate Co 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															0.52	-0.23	-0.21	0.17	2.18

Kuwait Business Town Real Estate Co 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 KWD1.92 Mil.

Kuwait Business Town Real Estate Co (KUW:KBT) 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.

Kuwait Business Town Real Estate Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.736	/	0.577	*	91
=	116.40

2. In Ben Graham's calculation of liquidation value, Kuwait Business Town Real Estate Co's accounts receivable are only considered to be worth 75% of book value:

Kuwait Business Town Real Estate Co'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)
=	8.094	-	34.322	+	0.75 * 0.736	+	0.5 * 0
=	-25.68

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Kuwait Business Town Real Estate Co (KUW:KBT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kuwait Business Town Real Estate Co (KUW:KBT) » Definitions » Change In Receivables

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Address

Khalid Ebn Al Waleed Street, KBT Tower 5, 28th Floor, Kuwait, KWT

Website

https://www.kbt.com.kw

Kuwait Business Town Real Estate Co is a real estate company. It has three operating segments: Investing activities comprise participation in equity investments and managing the Group's liquidity requirements; and Real estate activities comprise investment, managing real estate, and construction or development of real estate for the sale in the ordinary course of business and other related real estate services. The consumer goods segment engages in operating bakeries, manufacturing, and trading food-related items.

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