Aayan Leasing & Investment Co (KUW:AAYAN) Change In Receivables : KWD0.07 Mil (TTM As of Mar. 2024)

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What is Aayan Leasing & Investment Co Change In Receivables?

Aayan Leasing & Investment Co's change in receivables for the quarter that ended in Mar. 2024 was KWD0.01 Mil. It means Aayan Leasing & Investment Co's Accounts Receivable declined by KWD0.01 Mil from Dec. 2023 to Mar. 2024 .

Aayan Leasing & Investment Co's change in receivables for the fiscal year that ended in Dec. 2023 was KWD0.07 Mil. It means Aayan Leasing & Investment Co's Accounts Receivable declined by KWD0.07 Mil from Dec. 2022 to Dec. 2023 .

Aayan Leasing & Investment Co's Accounts Receivable for the quarter that ended in Mar. 2024 was KWD0.00 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. Aayan Leasing & Investment 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. Aayan Leasing & Investment Co's liquidation value for the three months ended in Mar. 2024 was KWD-32.88 Mil.

Aayan Leasing & Investment Co Change In Receivables Historical Data

The historical data trend for Aayan Leasing & Investment 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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Aayan Leasing & Investment Co Change In Receivables Chart

Aayan Leasing & Investment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.23

0.08

0.10

0.09

0.07

Aayan Leasing & Investment 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															0.01	0.01	0.03	0.02	0.01

Aayan Leasing & Investment 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 KWD0.07 Mil.

Aayan Leasing & Investment Co (KUW:AAYAN) 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.

Aayan Leasing & Investment 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	/	7.354	*	91
=	0.00

2. In Ben Graham's calculation of liquidation value, Aayan Leasing & Investment Co's accounts receivable are only considered to be worth 75% of book value:

Aayan Leasing & Investment 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)
=	17.229	-	50.107	+	0.75 * 0	+	0.5 * 0
=	-32.88

Aayan Leasing & Investment Co Change In Receivables Related Terms

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Aayan Leasing & Investment Co (KUW:AAYAN) Business Description

Industry

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Address

Al Rai - Muhammad bin Al Qasim Street, K.S.C.P. Building, 1st Floor, P.O. Box 1426, Kuwait, KWT, 13027

Website

https://www.aayan.com

Aayan Leasing & Investment Co is engaged in the business of lease financing and investment services. The company's operating segment includes Islamic financing; the Leasing Sector; Real estate; Proprietary investment and asset management and Others. It generates maximum revenue from the Leasing Sector segment. The majority of the Group's revenue is based in the State of Kuwait.

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