Abu Dhabi National Insurance Co PJSC (ADX:ADNIC) Change In Receivables : د.إ0 Mil (TTM As of Mar. 2024)

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What is Abu Dhabi National Insurance Co PJSC Change In Receivables?

Abu Dhabi National Insurance Co PJSC's change in receivables for the quarter that ended in Mar. 2024 was د.إ0 Mil. It means Abu Dhabi National Insurance Co PJSC's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Abu Dhabi National Insurance Co PJSC's change in receivables for the fiscal year that ended in Dec. 2023 was د.إ0 Mil. It means Abu Dhabi National Insurance Co PJSC's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Abu Dhabi National Insurance Co PJSC's Accounts Receivable for the quarter that ended in Mar. 2024 was د.إ0 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. Abu Dhabi National Insurance Co PJSC'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. Abu Dhabi National Insurance Co PJSC's liquidation value for the three months ended in Mar. 2024 was د.إ-3,022 Mil.

Abu Dhabi National Insurance Co PJSC Change In Receivables Historical Data

The historical data trend for Abu Dhabi National Insurance Co PJSC'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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Abu Dhabi National Insurance Co PJSC Change In Receivables Chart

Abu Dhabi National Insurance Co PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-4.36

-131.77

66.03

-577.57

Abu Dhabi National Insurance Co PJSC 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															-	-	-	-	-

Abu Dhabi National Insurance Co PJSC 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 د.إ0 Mil.

Abu Dhabi National Insurance Co PJSC (ADX:ADNIC) 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.

Abu Dhabi National Insurance Co PJSC'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	/	697.846	*	91
=	0.00

2. In Ben Graham's calculation of liquidation value, Abu Dhabi National Insurance Co PJSC's accounts receivable are only considered to be worth 75% of book value:

Abu Dhabi National Insurance Co PJSC'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)
=	2555.246	-	5576.882	+	0.75 * 0	+	0.5 * 0
=	-3,022

Abu Dhabi National Insurance Co PJSC Change In Receivables Related Terms

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Abu Dhabi National Insurance Co PJSC (ADX:ADNIC) Business Description

Industry

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Traded in Other Exchanges

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Address

Khalifa Street, P.O. Box 839, ADNIC Building No. 403, Abu Dhabi, ARE

Website

https://www.adnic.ae

Abu Dhabi National Insurance Co PJSC is an insurance company providing insurance services to individuals and corporates. It provides life and non-life insurance and a range of customizable and scalable insurance products and services. The company operates its business in two segments: The Underwriting of commercial lines of business incorporates all classes of general insurance including marine cargo, marine hull, aviation, energy, property, and engineering; and The Underwriting of a consumer line of business incorporates all classes of insurance including accident, motor, life, and medical. The company generates the maximum of its premiums from the commercial segment.

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