Boursa Kuwait Securities Co KPSC (KUW:BOURSA) Days Sales Outstanding : 39.14 (As of Mar. 2024)

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What is Boursa Kuwait Securities Co KPSC Days Sales Outstanding?

Boursa Kuwait Securities Co KPSC's average Accounts Receivable for the three months ended in Mar. 2024 was KWD3.57 Mil. Boursa Kuwait Securities Co KPSC's Revenue for the three months ended in Mar. 2024 was KWD8.33 Mil. Hence, Boursa Kuwait Securities Co KPSC's Days Sales Outstanding for the three months ended in Mar. 2024 was 39.14.

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

KUW:BOURSA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.66 Med: 29.77 Max: 41.45
Current: 39.27

During the past 6 years, Boursa Kuwait Securities Co KPSC's highest Days Sales Outstanding was 41.45. The lowest was 27.66. And the median was 29.77.

KUW:BOURSA's Days Sales Outstanding is ranked better than
61.17% of 564 companies
in the Capital Markets industry
Industry Median: 65.75 vs KUW:BOURSA: 39.27

Boursa Kuwait Securities Co KPSC's Days Sales Outstanding declined from Mar. 2023 (39.47) to Mar. 2024 (39.14).

Boursa Kuwait Securities Co KPSC Days Sales Outstanding Historical Data

The historical data trend for Boursa Kuwait Securities 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.

* Premium members only.

Boursa Kuwait Securities Co KPSC Days Sales Outstanding Chart

Boursa Kuwait Securities Co KPSC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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27.66

31.81

29.90

29.64

41.45

Boursa Kuwait Securities 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															39.47	38.83	37.20	41.03	39.14

Competitive Comparison of Boursa Kuwait Securities Co KPSC's Days Sales Outstanding

For the Financial Data & Stock Exchanges subindustry, Boursa Kuwait Securities 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.

Boursa Kuwait Securities Co KPSC's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Boursa Kuwait Securities Co KPSC's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Boursa Kuwait Securities Co KPSC's Days Sales Outstanding falls into.

Boursa Kuwait Securities 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.

Boursa Kuwait Securities 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
=	( (2.987	+	3.937)	/	2 )	/	30.485	*	365
=	3.462					/	30.485	*	365
=	41.45

Boursa Kuwait Securities 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
=	( (3.937	+	3.209)	/	2 )	/	8.329	*	365 / 4
=	3.573					/	8.329	*	365 / 4
=	39.14

Boursa Kuwait Securities Co KPSC (KUW:BOURSA) Days Sales Outstanding Explanation

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

Boursa Kuwait Securities Co KPSC Days Sales Outstanding Related Terms

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Boursa Kuwait Securities Co KPSC (KUW:BOURSA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Boursa Kuwait Securities Co KPSC (KUW:BOURSA) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dasman, P.O.Box 1027, Kuwait City, KWT, 15461

Website

https://www.boursakuwait.com.kw

Boursa Kuwait Securities Co KPSC operates as a financial exchange and clearing house in Kuwait. The company also provides securities-related services to participants in the financial sector. Its segment includes securities exchange and clearing, out of which the majority is from the securities exchange.

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