Abu Dhabi National Takaful Co PSC (ADX:TKFL) Change In Receivables : د.إ0.0 Mil (TTM As of Dec. 2023)

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What is Abu Dhabi National Takaful Co PSC Change In Receivables?

Abu Dhabi National Takaful Co PSC's change in receivables for the quarter that ended in Dec. 2023 was د.إ0.0 Mil. It means Abu Dhabi National Takaful Co PSC's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

Abu Dhabi National Takaful Co PSC's change in receivables for the fiscal year that ended in Dec. 2023 was د.إ0.0 Mil. It means Abu Dhabi National Takaful Co PSC's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Abu Dhabi National Takaful Co PSC's Accounts Receivable for the quarter that ended in Dec. 2023 was د.إ0.0 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. Abu Dhabi National Takaful Co PSC's Days Sales Outstanding for the three months ended in Dec. 2023 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 Takaful Co PSC's liquidation value for the three months ended in Dec. 2023 was د.إ-427.9 Mil.

Abu Dhabi National Takaful Co PSC Change In Receivables Historical Data

The historical data trend for Abu Dhabi National Takaful Co PSC'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 Takaful Co PSC Change In Receivables Chart

Abu Dhabi National Takaful Co PSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-1.17

0.53

-5.84

-21.10

Abu Dhabi National Takaful Co PSC Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Abu Dhabi National Takaful Co PSC 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ0.0 Mil.

Abu Dhabi National Takaful Co PSC (ADX:TKFL) 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 Takaful Co PSC's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	103.71	*	91
=	0.00

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

Abu Dhabi National Takaful Co PSC's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	388.353	-	816.253	+	0.75 * 0	+	0.5 * 0
=	-427.9

Abu Dhabi National Takaful Co PSC Change In Receivables Related Terms

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Abu Dhabi National Takaful Co PSC (ADX:TKFL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Abu Dhabi National Takaful Co PSC (ADX:TKFL) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Tamouh Tower, 25th Floor, P.O. Box 35335, Marina Square, Al Reem Island, Abu Dhabi, ARE

Website

http://www.takaful.ae

Abu Dhabi National Takaful Co PSC is engaged in providing Takaful insurance solutions for the regional market. The company is licensed by the Ministry of Economy & Commerce as the first Takaful operator in the emirates of Abu Dhabi and is among the Islamic insurance companies operating in the United Arab Emirates. The company's core business activities and investments are conducted in accordance with the Islamic Shari'a. The company has a comprehensive range of products and services, which have been developed under the guidance of the Fatwa & Shari'a Supervisory Board to meet the varying needs of clients in the field of Islamic finance.

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