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National International Holding Co KSCC (KUW:NIH) Change In Receivables : KWD0.32 Mil (TTM As of Mar. 2024)


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What is National International Holding Co KSCC Change In Receivables?

National International Holding Co KSCC's change in receivables for the quarter that ended in Mar. 2024 was KWD0.24 Mil. It means National International Holding Co KSCC's Accounts Receivable declined by KWD0.24 Mil from Dec. 2023 to Mar. 2024 .

National International Holding Co KSCC's change in receivables for the fiscal year that ended in Dec. 2023 was KWD0.41 Mil. It means National International Holding Co KSCC's Accounts Receivable declined by KWD0.41 Mil from Dec. 2022 to Dec. 2023 .

National International Holding Co KSCC's Accounts Receivable for the quarter that ended in Mar. 2024 was KWD1.55 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. National International Holding Co KSCC's Days Sales Outstanding for the three months ended in Mar. 2024 was 100.76.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. National International Holding Co KSCC's liquidation value for the three months ended in Mar. 2024 was KWD10.77 Mil.


National International Holding Co KSCC Change In Receivables Historical Data

The historical data trend for National International Holding Co KSCC'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.

National International Holding Co KSCC Change In Receivables Chart

National International Holding Co KSCC 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 -0.45 0.32 1.13 -0.59 0.41

National International Holding Co KSCC 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 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 0.33 0.19 0.01 -0.12 0.24

National International Holding Co KSCC 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 KWD0.32 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.


National International Holding Co KSCC  (KUW:NIH) 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.

National International Holding Co KSCC's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.547/1.401*91
=100.76

2. In Ben Graham's calculation of liquidation value, National International Holding Co KSCC's accounts receivable are only considered to be worth 75% of book value:

National International Holding Co KSCC'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)
=16.773-7.519+0.75 * 1.547+0.5 * 0.703
=10.77

* 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.


National International Holding Co KSCC Change In Receivables Related Terms

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National International Holding Co KSCC (KUW:NIH) Business Description

Traded in Other Exchanges
Address
Abdulaziz Al-Saqer Street, Floor 45, Al-Raya Tower 2, PO Box 25825, Safat, Kuwait City, KWT
National International Holding Co KSCC is an investment company that invests in private equity and financial instruments, regionally and globally. The company is engaged in various types of investment activities through a well-diversified investment portfolio spread over several investment sectors basically financial services, real estate, industrial, contracting, information technology, and leisure and tourism. The group has three reportable segments Financial investing activities; Real Estate investing activities and Industrial activities.

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