United Projects Co for Aviation Services KSCC (KUW:UPAC) Days Payable : 2,084.86 (As of Mar. 2024)

View and export this data going back to 2006. Start your Free Trial

What is United Projects Co for Aviation Services KSCC Days Payable?

United Projects Co for Aviation Services KSCC's average Accounts Payable for the three months ended in Mar. 2024 was KWD6.83 Mil. United Projects Co for Aviation Services KSCC's Cost of Goods Sold for the three months ended in Mar. 2024 was KWD0.30 Mil. Hence, United Projects Co for Aviation Services KSCC's Days Payable for the three months ended in Mar. 2024 was 2,084.86.

The historical rank and industry rank for United Projects Co for Aviation Services KSCC's Days Payable or its related term are showing as below:

KUW:UPAC' s Days Payable Range Over the Past 10 Years
Min: 556.9 Med: 2446.67 Max: 16997.1
Current: 2385.53

During the past 13 years, United Projects Co for Aviation Services KSCC's highest Days Payable was 16997.10. The lowest was 556.90. And the median was 2446.67.

KUW:UPAC's Days Payable is ranked better than
99.46% of 934 companies
in the Transportation industry
Industry Median: 38.63 vs KUW:UPAC: 2385.53

United Projects Co for Aviation Services KSCC's Days Payable declined from Mar. 2023 (14,169.57) to Mar. 2024 (2,084.86). It may suggest that United Projects Co for Aviation Services KSCC accelerated paying its suppliers.

United Projects Co for Aviation Services KSCC Days Payable Historical Data

The historical data trend for United Projects Co for Aviation Services KSCC'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.

* Premium members only.

United Projects Co for Aviation Services KSCC Days Payable Chart

United Projects Co for Aviation Services KSCC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

2,493.14

3,428.23

5,151.43

16,997.10

14,764.08

United Projects Co for Aviation Services KSCC 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															14,169.57	2,800.85	2,213.98	2,395.48	2,084.86

Competitive Comparison of United Projects Co for Aviation Services KSCC's Days Payable

For the Airports & Air Services subindustry, United Projects Co for Aviation Services KSCC'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.

United Projects Co for Aviation Services KSCC's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, United Projects Co for Aviation Services KSCC's Days Payable distribution charts can be found below:

* The bar in red indicates where United Projects Co for Aviation Services KSCC's Days Payable falls into.

United Projects Co for Aviation Services KSCC 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.

United Projects Co for Aviation Services KSCC'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
=	( (87.58	+	6.991)	/	2 )	/	1.169	*	365
=	47.2855					/	1.169	*	365
=	14,764.08

United Projects Co for Aviation Services KSCC'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
=	( (6.991	+	6.672)	/	2 )	/	0.299	*	365 / 4
=	6.8315					/	0.299	*	365 / 4
=	2,084.86

United Projects Co for Aviation Services KSCC Days Payable Related Terms

Thank you for viewing the detailed overview of United Projects Co for Aviation Services KSCC's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

United Projects Co for Aviation Services KSCC (KUW:UPAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » United Projects Co for Aviation Services KSCC (KUW:UPAC) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Kuwait International Airport, Mezzanine Parking, P. O. Box 27068, Safat, Kuwait, KWT, 13131

Website

https://www.upac.com.kw

United Projects Co for Aviation Services KSCC is a Kuwait-based company. Its services include project management and consultancy, real estate development, and property and facilities management. The company's services are used by retailers, food and beverage companies, airline companies, and financial institutions. The company operates in two business segments. Investments consist of investing in Reem Mall and surplus funds in investment portfolios. Service operations consist of managing projects and providing airplane ground and cleaning services among other services. The service operations segment generates maximum revenue for the company. Their projects portfolio includes Airport Mall and Facilities, Sheikh Saad Terminal, Discovery Center, and Reem Mall.

United Projects Co for Aviation Services KSCC (KUW:UPAC) Headlines

No Headlines