Acico Industries Co KSCC (KUW:ACICO) Days Sales Outstanding : 56.10 (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Acico Industries Co KSCC Days Sales Outstanding?

Acico Industries Co KSCC's average Accounts Receivable for the three months ended in Dec. 2023 was KWD14.21 Mil. Acico Industries Co KSCC's Revenue for the three months ended in Dec. 2023 was KWD23.11 Mil. Hence, Acico Industries Co KSCC's Days Sales Outstanding for the three months ended in Dec. 2023 was 56.10.

The historical rank and industry rank for Acico Industries Co KSCC's Days Sales Outstanding or its related term are showing as below:

KUW:ACICO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 58.85 Med: 75.79 Max: 222.65
Current: 76.51

During the past 13 years, Acico Industries Co KSCC's highest Days Sales Outstanding was 222.65. The lowest was 58.85. And the median was 75.79.

KUW:ACICO's Days Sales Outstanding is not ranked
in the Building Materials industry.
Industry Median: 55.6 vs KUW:ACICO: 76.51

Acico Industries Co KSCC's Days Sales Outstanding declined from Dec. 2022 (78.70) to Dec. 2023 (56.10).

Acico Industries Co KSCC Days Sales Outstanding Historical Data

The historical data trend for Acico Industries Co KSCC's Days Sales Outstanding 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.

Acico Industries Co KSCC Days Sales Outstanding Chart

Acico Industries Co KSCC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

85.10

95.01

77.07

74.51

63.87

Acico Industries Co KSCC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															78.70	70.97	114.04	94.21	56.10

Competitive Comparison of Acico Industries Co KSCC's Days Sales Outstanding

For the Building Materials subindustry, Acico Industries Co KSCC's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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.

Acico Industries Co KSCC's Days Sales Outstanding Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Acico Industries Co KSCC's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Acico Industries Co KSCC's Days Sales Outstanding falls into.

Acico Industries Co KSCC Days Sales Outstanding Calculation

Days Sales Outstanding measures 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.

Accounts Receivable can be measured by Days Sales Outstanding.

Acico Industries Co KSCC's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (15.233	+	11.585)	/	2 )	/	76.627	*	365
=	13.409					/	76.627	*	365
=	63.87

Acico Industries Co KSCC's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (16.836	+	11.585)	/	2 )	/	23.113	*	365 / 4
=	14.2105					/	23.113	*	365 / 4
=	56.10

Acico Industries Co KSCC (KUW:ACICO) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Acico Industries Co KSCC Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Acico Industries Co KSCC's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Acico Industries Co KSCC (KUW:ACICO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Acico Industries Co KSCC (KUW:ACICO) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sharq, Al - Hamra Business Tower, P.O. Box 24079, 34th floor, Safat, Kuwait, KWT, 13101

Website

https://www.acicogroup.com

Acico Industries Co KSCC manufactures and supplies building materials. The company manufactures all types and sizes of aerated concrete and non-concrete and all its construction requirements, import, and export of all building materials. It manufactures blocks, lintels, slabs, and reinforced structural components. In addition, the company also deals in real estate, dealing in shares and bonds. Its segments consist of Real Estate, Contracting, and Industrial.

Acico Industries Co KSCC (KUW:ACICO) Headlines

No Headlines