Arkan Al-Kuwait Real Estate Co KSCC (KUW:ARKAN) Days Sales Outstanding : 23.30 (As of Jan. 2024)

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What is Arkan Al-Kuwait Real Estate Co KSCC Days Sales Outstanding?

Arkan Al-Kuwait Real Estate Co KSCC's average Accounts Receivable for the three months ended in Jan. 2024 was KWD0.66 Mil. Arkan Al-Kuwait Real Estate Co KSCC's Revenue for the three months ended in Jan. 2024 was KWD2.59 Mil. Hence, Arkan Al-Kuwait Real Estate Co KSCC's Days Sales Outstanding for the three months ended in Jan. 2024 was 23.30.

The historical rank and industry rank for Arkan Al-Kuwait Real Estate Co KSCC's Days Sales Outstanding or its related term are showing as below:

KUW:ARKAN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.48 Med: 15.94 Max: 43.98
Current: 43.98

During the past 13 years, Arkan Al-Kuwait Real Estate Co KSCC's highest Days Sales Outstanding was 43.98. The lowest was 9.48. And the median was 15.94.

KUW:ARKAN's Days Sales Outstanding is ranked worse than
54.92% of 1668 companies
in the Real Estate industry
Industry Median: 36.87 vs KUW:ARKAN: 43.98

Arkan Al-Kuwait Real Estate Co KSCC's Days Sales Outstanding declined from Jan. 2023 (64.07) to Jan. 2024 (23.30).

Arkan Al-Kuwait Real Estate Co KSCC Days Sales Outstanding Historical Data

The historical data trend for Arkan Al-Kuwait Real Estate 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.

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Arkan Al-Kuwait Real Estate Co KSCC Days Sales Outstanding Chart

Arkan Al-Kuwait Real Estate Co KSCC Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Sales Outstanding

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33.02

25.34

15.49

13.57

10.85

Arkan Al-Kuwait Real Estate Co KSCC Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Sales Outstanding	Get a 7-Day Free Trial															64.07	69.56	43.38	25.47	23.30

Competitive Comparison of Arkan Al-Kuwait Real Estate Co KSCC's Days Sales Outstanding

For the Real Estate Services subindustry, Arkan Al-Kuwait Real Estate 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.

Arkan Al-Kuwait Real Estate Co KSCC's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Arkan Al-Kuwait Real Estate Co KSCC's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Arkan Al-Kuwait Real Estate Co KSCC's Days Sales Outstanding falls into.

Arkan Al-Kuwait Real Estate 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.

Arkan Al-Kuwait Real Estate Co KSCC's Days Sales Outstanding for the fiscal year that ended in Oct. 2023 is calculated as

	Days Sales Outstanding (A: Oct. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2022 )	+	Accounts Receivable (A: Oct. 2023 ))	/	count )	/	Revenue (A: Oct. 2023 )	*	Days in Period
=	( (0.281	+	0.23)	/	2 )	/	8.592	*	365
=	0.2555					/	8.592	*	365
=	10.85

Arkan Al-Kuwait Real Estate Co KSCC's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding (Q: Jan. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )	/	Revenue (A: Jan. 2024 )	*	Days in Period
=	( (0.23	+	1.09)	/	2 )	/	2.585	*	365 / 4
=	0.66					/	2.585	*	365 / 4
=	23.30

Arkan Al-Kuwait Real Estate Co KSCC (KUW:ARKAN) Days Sales Outstanding Explanation

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

Arkan Al-Kuwait Real Estate Co KSCC Days Sales Outstanding Related Terms

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Arkan Al-Kuwait Real Estate Co KSCC (KUW:ARKAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Arkan Al-Kuwait Real Estate Co KSCC (KUW:ARKAN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Alshuhadaa Street, P.O. Box 20678, Al Hamra Tower, 66th Floor, Sharq, Safat, Kuwait City, KWT, 13067

Website

https://www.arkanalkuwait.com

Arkan Al-Kuwait Real Estate Co KSCC is a real estate company that offers direct real estate investment and property management services. It is involved in the construction of Commercial and Residential projects. The firm offers consulting services, specialized investment studies, research, and feasibility reports. The company generates the majority of revenue from Rent.

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