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The Mediterranean and Gulf Insurance and Reinsurance Co (SAU:8030) Change In Receivables : ﷼0 Mil (TTM As of Mar. 2024)


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What is The Mediterranean and Gulf Insurance and Reinsurance Co Change In Receivables?

The Mediterranean and Gulf Insurance and Reinsurance Co's change in receivables for the quarter that ended in Mar. 2024 was ﷼0 Mil. It means The Mediterranean and Gulf Insurance and Reinsurance Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

The Mediterranean and Gulf Insurance and Reinsurance Co's change in receivables for the fiscal year that ended in Dec. 2023 was ﷼0 Mil. It means The Mediterranean and Gulf Insurance and Reinsurance Co's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

The Mediterranean and Gulf Insurance and Reinsurance Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ﷼0 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. The Mediterranean and Gulf Insurance and Reinsurance Co's Days Sales Outstanding for the three months ended in Mar. 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. The Mediterranean and Gulf Insurance and Reinsurance Co's liquidation value for the three months ended in Mar. 2024 was ﷼-1,514 Mil.


The Mediterranean and Gulf Insurance and Reinsurance Co Change In Receivables Historical Data

The historical data trend for The Mediterranean and Gulf Insurance and Reinsurance Co'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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The Mediterranean and Gulf Insurance and Reinsurance Co Change In Receivables Chart

The Mediterranean and Gulf Insurance and Reinsurance Co 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 145.75 -299.36 52.92 191.44 -

The Mediterranean and Gulf Insurance and Reinsurance Co 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 - - - - -

The Mediterranean and Gulf Insurance and Reinsurance Co 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 ﷼0 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.


The Mediterranean and Gulf Insurance and Reinsurance Co  (SAU:8030) 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.

The Mediterranean and Gulf Insurance and Reinsurance Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/779.301*91
=0.00

2. In Ben Graham's calculation of liquidation value, The Mediterranean and Gulf Insurance and Reinsurance Co's accounts receivable are only considered to be worth 75% of book value:

The Mediterranean and Gulf Insurance and Reinsurance Co'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)
=707.117-2221.083+0.75 * 0+0.5 * 0
=-1,514

* 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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The Mediterranean and Gulf Insurance and Reinsurance Co (SAU:8030) Business Description

Traded in Other Exchanges
N/A
Address
King Saud Road, P.O. Box 2302, Medgulf Insurance Futuro Tower, Riyadh, SAU, 11451
The Mediterranean and Gulf Insurance and Reinsurance Co is a Saudi Arabian insurance company with objectives to transact in cooperative insurance and reinsurance business and related activities. Its principal lines of business include medical, motor and other general insurance. It has three reportable operating segments: Medical insurance, which is the key revenue driver, covers medical costs, medicines, and all other medical services and supplies; Motor Insurance, which provides coverage against losses and liability related to motor vehicles; and Others.

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