Kuwait Financial Centre-Markaz (KUW:MARKAZ) Days Payable : 0.00 (As of Mar. 2024)

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What is Kuwait Financial Centre-Markaz Days Payable?

Kuwait Financial Centre-Markaz's average Accounts Payable for the three months ended in Mar. 2024 was KWD11.75 Mil. Kuwait Financial Centre-Markaz's Cost of Goods Sold for the three months ended in Mar. 2024 was KWD0.00 Mil.

The historical rank and industry rank for Kuwait Financial Centre-Markaz's Days Payable or its related term are showing as below:

During the past 13 years, Kuwait Financial Centre-Markaz's highest Days Payable was 645.42. The lowest was 136.28. And the median was 474.14.

KUW:MARKAZ's Days Payable is not ranked ^*
in the Asset Management industry.
Industry Median: 69.215
* Ranked among companies with meaningful Days Payable only.

Kuwait Financial Centre-Markaz's Days Payable stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00). stayed the same

Kuwait Financial Centre-Markaz Days Payable Historical Data

The historical data trend for Kuwait Financial Centre-Markaz's Days Payable 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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Kuwait Financial Centre-Markaz Days Payable Chart

Kuwait Financial Centre-Markaz Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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432.15

645.42

511.55

569.69

437.86

Kuwait Financial Centre-Markaz Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Kuwait Financial Centre-Markaz's Days Payable

For the Asset Management subindustry, Kuwait Financial Centre-Markaz's Days Payable, along with its competitors' market caps and Days Payable 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.

Kuwait Financial Centre-Markaz's Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Kuwait Financial Centre-Markaz's Days Payable distribution charts can be found below:

* The bar in red indicates where Kuwait Financial Centre-Markaz's Days Payable falls into.

Kuwait Financial Centre-Markaz Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Kuwait Financial Centre-Markaz's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (9.153	+	7.421)	/	2 )	/	6.908	*	365
=	8.287					/	6.908	*	365
=	437.86

Kuwait Financial Centre-Markaz's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (7.421	+	16.079)	/	2 )	/	0	*	365 / 4
=	11.75					/	0	*	365 / 4
=	N/A

Kuwait Financial Centre-Markaz Days Payable Related Terms

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Kuwait Financial Centre-Markaz (KUW:MARKAZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Kuwait Financial Centre-Markaz (KUW:MARKAZ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ahmad Al Jaber Street, Universal Tower, Floor 3, P.O. Box 23444,, Safat, KWT, 13095

Website

https://www.markaz.com

Kuwait Financial Centre-Markaz is a assets management company. It provides investment banking, Asset management, Real estate management, Wealth management and research.

Kuwait Financial Centre-Markaz (KUW:MARKAZ) Headlines

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