Rasiyat Holding Co KPSC (KUW:RASIYAT) Days Sales Outstanding : 157.61 (As of Mar. 2024)

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What is Rasiyat Holding Co KPSC Days Sales Outstanding?

Rasiyat Holding Co KPSC's average Accounts Receivable for the three months ended in Mar. 2024 was KWD1.91 Mil. Rasiyat Holding Co KPSC's Revenue for the three months ended in Mar. 2024 was KWD1.11 Mil. Hence, Rasiyat Holding Co KPSC's Days Sales Outstanding for the three months ended in Mar. 2024 was 157.61.

The historical rank and industry rank for Rasiyat Holding Co KPSC's Days Sales Outstanding or its related term are showing as below:

KUW:RASIYAT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.23 Med: 96.61 Max: 251.9
Current: 147.19

During the past 13 years, Rasiyat Holding Co KPSC's highest Days Sales Outstanding was 251.90. The lowest was 4.23. And the median was 96.61.

KUW:RASIYAT's Days Sales Outstanding is ranked worse than
80.08% of 507 companies
in the Asset Management industry
Industry Median: 50.99 vs KUW:RASIYAT: 147.19

Rasiyat Holding Co KPSC's Days Sales Outstanding declined from Mar. 2023 (173.56) to Mar. 2024 (157.61).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Rasiyat Holding Co KPSC Days Sales Outstanding Historical Data

The historical data trend for Rasiyat Holding Co KPSC'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.

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Rasiyat Holding Co KPSC Days Sales Outstanding Chart

Rasiyat Holding Co KPSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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22.68

125.89

136.47

140.86

143.19

Rasiyat Holding Co KPSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															173.56	138.21	215.32	117.11	157.61

Competitive Comparison of Rasiyat Holding Co KPSC's Days Sales Outstanding

For the Asset Management subindustry, Rasiyat Holding Co KPSC'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.

Rasiyat Holding Co KPSC's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Rasiyat Holding Co KPSC's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Rasiyat Holding Co KPSC's Days Sales Outstanding falls into.

Rasiyat Holding Co KPSC 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.

Rasiyat Holding Co KPSC'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
=	( (1.462	+	1.86)	/	2 )	/	4.234	*	365
=	1.661					/	4.234	*	365
=	143.19

Rasiyat Holding Co KPSC's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (1.86	+	1.964)	/	2 )	/	1.107	*	365 / 4
=	1.912					/	1.107	*	365 / 4
=	157.61

Rasiyat Holding Co KPSC (KUW:RASIYAT) Days Sales Outstanding Explanation

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

Rasiyat Holding Co KPSC Days Sales Outstanding Related Terms

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Rasiyat Holding Co KPSC (KUW:RASIYAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Rasiyat Holding Co KPSC (KUW:RASIYAT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Qibla - Abu Baker Al sediq Str, Marzouq Tower, 12th Floor, Kuwait City, KWT

Website

http://www.gnahc.com

Rasiyat Holding Co KPSC formerly Gulf North Africa Holding Co is engaged in developing, promoting, acquiring and investing in real estate, financial, industrial, and services project in North Africa and other regions.

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