Al-Maidan Dental Clinic Co KSC (KUW:MIDAN) Change In Receivables : KWD-10.64 Mil (TTM As of Dec. 2024)

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What is Al-Maidan Dental Clinic Co KSC Change In Receivables?

Al-Maidan Dental Clinic Co KSC's change in receivables for the quarter that ended in Dec. 2024 was KWD-4.92 Mil. It means Al-Maidan Dental Clinic Co KSC's Accounts Receivable increased by KWD4.92 Mil from Sep. 2024 to Dec. 2024 .

Al-Maidan Dental Clinic Co KSC's change in receivables for the fiscal year that ended in Mar. 2024 was KWD-5.16 Mil. It means Al-Maidan Dental Clinic Co KSC's Accounts Receivable increased by KWD5.16 Mil from Mar. 2023 to Mar. 2024 .

Al-Maidan Dental Clinic Co KSC's Accounts Receivable for the quarter that ended in Dec. 2024 was KWD21.03 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. Al-Maidan Dental Clinic Co KSC's Days Sales Outstanding for the three months ended in Dec. 2024 was 119.85.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Al-Maidan Dental Clinic Co KSC's liquidation value for the three months ended in Dec. 2024 was KWD31.88 Mil.

Al-Maidan Dental Clinic Co KSC Change In Receivables Historical Data

The historical data trend for Al-Maidan Dental Clinic Co 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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Al-Maidan Dental Clinic Co KSC Change In Receivables Chart

Al-Maidan Dental Clinic Co KSC Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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-5.34

-11.34

0.61

-7.40

-5.16

Al-Maidan Dental Clinic Co 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															-1.96	-0.90	-3.70	-1.13	-4.92

Al-Maidan Dental Clinic Co 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-10.64 Mil.

Al-Maidan Dental Clinic Co KSC (KUW:MIDAN) 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.

Al-Maidan Dental Clinic Co 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
=	21.031	/	16.012	*	91
=	119.85

2. In Ben Graham's calculation of liquidation value, Al-Maidan Dental Clinic Co KSC's accounts receivable are only considered to be worth 75% of book value:

Al-Maidan Dental Clinic Co 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)
=	51.691	-	37.081	+	0.75 * 21.031	+	0.5 * 3
=	31.88

Al-Maidan Dental Clinic Co KSC Change In Receivables Related Terms

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Al-Maidan Dental Clinic Co KSC Business Description

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Address

Khalid lbn Al-Waleed Street, P.O. Box 606 Dasman, Floor 32, KBT Tower, Behbehani Round, Kuwait City, KWT, 15457

Website

https://www.maidangroup.com

Al-Maidan Dental Clinic Co KSC owns and operates dental centers. The company operates in two segments: Clinics and Hospitals. Clinics provide services relating to oral health care, diagnosis, consultations and treatment to outpatients with specialty in dental treatment. The hospital segment generates the majority of revenue for the firm, which includes services relating to medical diagnosis, health care, consultations, surgical and treatment to both outpatients and inpatients with various specialties. Geographically, all of its operations are conducted in the State of Kuwait.

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