Takaful Oman InsuranceOG (MUS:TAOI) Change In Receivables : ر.ع-1.84 Mil (TTM As of Dec. 2017)

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What is Takaful Oman InsuranceOG Change In Receivables?

Takaful Oman InsuranceOG's change in receivables for the quarter that ended in Dec. 2017 was ر.ع0.69 Mil. It means Takaful Oman InsuranceOG's Accounts Receivable declined by ر.ع0.69 Mil from Sep. 2017 to Dec. 2017 .

Takaful Oman InsuranceOG's change in receivables for the fiscal year that ended in Dec. 2017 was ر.ع-1.84 Mil. It means Takaful Oman InsuranceOG's Accounts Receivable increased by ر.ع1.84 Mil from Dec. 2016 to Dec. 2017 .

Takaful Oman InsuranceOG's Accounts Receivable for the quarter that ended in Dec. 2017 was ر.ع3.41 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. Takaful Oman InsuranceOG's Days Sales Outstanding for the three months ended in Dec. 2017 was 46.39.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Takaful Oman InsuranceOG's liquidation value for the three months ended in Dec. 2017 was ر.ع-6.51 Mil.

Takaful Oman InsuranceOG Change In Receivables Historical Data

The historical data trend for Takaful Oman InsuranceOG'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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Takaful Oman InsuranceOG Change In Receivables Chart

Takaful Oman InsuranceOG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Change In Receivables

-0.37

-2.72

-1.99

-1.84

Takaful Oman InsuranceOG Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17
Change In Receivables	Get a 7-Day Free Trial										6.38	-4.63	1.22	0.88	0.69

Takaful Oman InsuranceOG 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. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was ر.ع-1.84 Mil.

Takaful Oman InsuranceOG (MUS:TAOI) 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.

Takaful Oman InsuranceOG's Days Sales Outstanding for the quarter that ended in Dec. 2017 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3.405	/	6.697	*	91
=	46.39

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

Takaful Oman InsuranceOG's liquidation value for the quarter that ended in Dec. 2017 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	8.949	-	18.013	+	0.75 * 3.405	+	0.5 * 0
=	-6.51

Takaful Oman InsuranceOG Change In Receivables Related Terms

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Takaful Oman InsuranceOG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Takaful Oman Insurance SAOG (MUS:TAOI) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

P.O. BOX 207, Bareeq Al Shatti, Muscat, OMN, 134

Website

http://www.takafuloman.om

Takaful Oman Insurance SAOG operates as an Islamic insurance provider in the Sultanate of Oman. It operates through two segments, General Takaful and Family Takaful. Its General Takaful segment which contributes majorly towards firm's revenue includes medical, fire, general accident and marine and cargo insurance. The company's products include group family, group health, group creditor, domestic helper, and travel takaful plans; and motor insurance, personal accident, workmen's compensation, marine cargo, property all risk, machinery breakdown, erection all risk, contractor's plant and equipment, and contractor's all risk takaful products.

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