GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Al-Deera Holding Co KSCC (KUW:ALDEERA) » Definitions » Receivables Turnover

Al-Deera Holding Co KSCC (KUW:ALDEERA) Receivables Turnover : 0.16 (As of Mar. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Al-Deera Holding Co KSCC Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Al-Deera Holding Co KSCC's Revenue for the three months ended in Mar. 2024 was KWD0.20 Mil. Al-Deera Holding Co KSCC's average Accounts Receivable for the three months ended in Mar. 2024 was KWD1.28 Mil. Hence, Al-Deera Holding Co KSCC's Receivables Turnover for the three months ended in Mar. 2024 was 0.16.


Al-Deera Holding Co KSCC Receivables Turnover Historical Data

The historical data trend for Al-Deera Holding Co KSCC's Receivables Turnover 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.

Al-Deera Holding Co KSCC Receivables Turnover Chart

Al-Deera Holding Co KSCC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.03 0.05 0.12 0.22

Al-Deera 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
Receivables Turnover 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 - 0.08 - 0.12 0.16

Competitive Comparison of Al-Deera Holding Co KSCC's Receivables Turnover

For the Asset Management subindustry, Al-Deera Holding Co KSCC's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Al-Deera Holding Co KSCC's Receivables Turnover Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Al-Deera Holding Co KSCC's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Al-Deera Holding Co KSCC's Receivables Turnover falls into.



Al-Deera Holding Co KSCC Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Al-Deera Holding Co KSCC's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=0.199 / ((0.538 + 1.281) / 2 )
=0.199 / 0.9095
=0.22

Al-Deera Holding Co KSCC's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=0.199 / ((1.281 + 0) / 1 )
=0.199 / 1.281
=0.16

* 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.


Al-Deera Holding Co KSCC  (KUW:ALDEERA) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Al-Deera Holding Co KSCC Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Al-Deera Holding Co KSCC's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Al-Deera Holding Co KSCC (KUW:ALDEERA) Business Description

Traded in Other Exchanges
N/A
Address
Salhia Complex - Gate 8 - Floor 5, P.O. Box: 4839, Safat, Kuwait City, KWT, 13049
Al-Deera Holding Co KSCC is an investment holding company. The company along with its subsidiaries operates under business segments that are Telecommunications and Investment.

Al-Deera Holding Co KSCC (KUW:ALDEERA) Headlines

No Headlines