Kuwait Financial Centre-Markaz (KUW:MARKAZ) Days Sales Outstanding : 276.77 (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Kuwait Financial Centre-Markaz Days Sales Outstanding?

Kuwait Financial Centre-Markaz's average Accounts Receivable for the three months ended in Dec. 2023 was KWD6.93 Mil. Kuwait Financial Centre-Markaz's Revenue for the three months ended in Dec. 2023 was KWD2.29 Mil. Hence, Kuwait Financial Centre-Markaz's Days Sales Outstanding for the three months ended in Dec. 2023 was 276.77.

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

KUW:MARKAZ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.41 Med: 134.75 Max: 212.27
Current: 169.81

During the past 13 years, Kuwait Financial Centre-Markaz's highest Days Sales Outstanding was 212.27. The lowest was 28.41. And the median was 134.75.

KUW:MARKAZ's Days Sales Outstanding is ranked worse than
81.96% of 510 companies
in the Asset Management industry
Industry Median: 48.955 vs KUW:MARKAZ: 169.81

Kuwait Financial Centre-Markaz's Days Sales Outstanding increased from Dec. 2022 (160.50) to Dec. 2023 (276.77).

Kuwait Financial Centre-Markaz Days Sales Outstanding Historical Data

The historical data trend for Kuwait Financial Centre-Markaz'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.

Kuwait Financial Centre-Markaz Days Sales Outstanding Chart

Kuwait Financial Centre-Markaz Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

137.92

199.20

142.07

131.58

148.83

Kuwait Financial Centre-Markaz Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															160.50	145.20	150.41	161.98	276.77

Competitive Comparison of Kuwait Financial Centre-Markaz's Days Sales Outstanding

For the Asset Management subindustry, Kuwait Financial Centre-Markaz'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.

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

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

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

Kuwait Financial Centre-Markaz 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.

Kuwait Financial Centre-Markaz'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
=	( (5.549	+	4.954)	/	2 )	/	12.879	*	365
=	5.2515					/	12.879	*	365
=	148.83

Kuwait Financial Centre-Markaz's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (8.907	+	4.954)	/	2 )	/	2.285	*	365 / 4
=	6.9305					/	2.285	*	365 / 4
=	276.77

Kuwait Financial Centre-Markaz (KUW:MARKAZ) Days Sales Outstanding Explanation

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

Kuwait Financial Centre-Markaz Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Kuwait Financial Centre-Markaz's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

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 Sales Outstanding

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

No Headlines