Oman Qatar Insurance CoOG (MUS:OQIC) Change In Receivables : ر.ع12.78 Mil (TTM As of Jun. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Oman Qatar Insurance CoOG Change In Receivables?

Oman Qatar Insurance CoOG's change in receivables for the quarter that ended in Jun. 2024 was ر.ع0.06 Mil. It means Oman Qatar Insurance CoOG's Accounts Receivable declined by ر.ع0.06 Mil from Mar. 2024 to Jun. 2024 .

Oman Qatar Insurance CoOG's change in receivables for the fiscal year that ended in Dec. 2023 was ر.ع-0.76 Mil. It means Oman Qatar Insurance CoOG's Accounts Receivable increased by ر.ع0.76 Mil from Dec. 2022 to Dec. 2023 .

Oman Qatar Insurance CoOG's Accounts Receivable for the quarter that ended in Jun. 2024 was ر.ع0.00 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. Oman Qatar Insurance CoOG's Days Sales Outstanding for the three months ended in Jun. 2024 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Oman Qatar Insurance CoOG's liquidation value for the three months ended in Jun. 2024 was ر.ع-61.72 Mil.

Oman Qatar Insurance CoOG Change In Receivables Historical Data

The historical data trend for Oman Qatar Insurance CoOG'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.

Oman Qatar Insurance CoOG Change In Receivables Chart

Oman Qatar Insurance CoOG Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-2.55

7.27

-0.94

-0.34

-0.76

Oman Qatar Insurance CoOG Quarterly Data
	Dec18	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															-13.47	13.12	-0.35	-0.05	0.06

Oman Qatar Insurance CoOG 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 ر.ع12.78 Mil.

Oman Qatar Insurance CoOG (MUS:OQIC) 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.

Oman Qatar Insurance CoOG's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	7.377	*	91
=	0.00

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

Oman Qatar Insurance CoOG'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)
=	17.315	-	79.034	+	0.75 * 0	+	0.5 * 0
=	-61.72

Oman Qatar Insurance CoOG Change In Receivables Related Terms

Thank you for viewing the detailed overview of Oman Qatar Insurance CoOG's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Oman Qatar Insurance CoOG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Oman Qatar Insurance Co SAOG (MUS:OQIC) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O.Box.3660, Ruwi, OMN, 112

Website

https://www.oqic.com

Oman Qatar Insurance Co SAOG is a life insurance company. It is engaged in the business of life and general insurance within the Sultanate of Oman. The company's segments include: Marine and aviation insurance includes marine cargo, marine hull, and machinery and aviation; Property & Casualty includes fire, engineering, general accident, third party liability, workmen compensation, motor, travel and home insurance; and Medical and Life includes health, group life and credit life insurance. The Property and Casualty segments derives maximum revenue.

Oman Qatar Insurance CoOG Headlines

No Headlines