Salhia Real Estate Co KSCP (KUW:SRE) Change In Receivables : KWD13.62 Mil (TTM As of Mar. 2024)

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What is Salhia Real Estate Co KSCP Change In Receivables?

Salhia Real Estate Co KSCP's change in receivables for the quarter that ended in Mar. 2024 was KWD14.22 Mil. It means Salhia Real Estate Co KSCP's Accounts Receivable declined by KWD14.22 Mil from Dec. 2023 to Mar. 2024 .

Salhia Real Estate Co KSCP's change in receivables for the fiscal year that ended in Dec. 2023 was KWD0.25 Mil. It means Salhia Real Estate Co KSCP's Accounts Receivable declined by KWD0.25 Mil from Dec. 2022 to Dec. 2023 .

Salhia Real Estate Co KSCP's Accounts Receivable for the quarter that ended in Mar. 2024 was KWD10.72 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. Salhia Real Estate Co KSCP's Days Sales Outstanding for the three months ended in Mar. 2024 was 87.66.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Salhia Real Estate Co KSCP's liquidation value for the three months ended in Mar. 2024 was KWD-332.44 Mil.

Salhia Real Estate Co KSCP Change In Receivables Historical Data

The historical data trend for Salhia Real Estate Co KSCP'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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Salhia Real Estate Co KSCP Change In Receivables Chart

Salhia Real Estate Co KSCP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-5.41

1.59

-3.64

3.50

0.25

Salhia Real Estate Co KSCP 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															0.84	0.70	-0.72	-0.57	14.22

Salhia Real Estate Co KSCP 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 KWD13.62 Mil.

Salhia Real Estate Co KSCP (KUW:SRE) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	10.717	/	11.156	*	91
=	87.66

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

Salhia Real Estate Co KSCP'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)
=	7.078	-	347.654	+	0.75 * 10.717	+	0.5 * 0.2
=	-332.44

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Salhia Real Estate Co KSCP (KUW:SRE) Business Description

Industry

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Traded in Other Exchanges

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Address

Mohammed Thunayan Al-Ghanim Street, P.O. Box 23413, Salhia Complex, Safat, Kuwait City, KWT, 13095

Website

https://www.salhia.com

Salhia Real Estate Co KSC is engaged in real estate leasing and development of commercial properties and hotel operations in Kuwait and the United Kingdom. The company operates its business through three segments: Real Estate Operations, Hotel Operations, and Care Home Operations. Real Estate Operations being the highest revenue generator is engaged in the development and leasing of properties. Hotel Operations consist of the hotel hospitality services provided through JW Marriott Hotel - Kuwait; Courtyard Marriott Hotel-Kuwait; and Arraya Ballroom - Kuwait. Care Home Operations consist of care home activities provided by subsidiary companies. Its primary geographic markets are Kuwait & GCC and Europe.