United Gulf Investment BSC (BAH:UGIC) Days Sales Outstanding : 45.63 (As of Dec. 2023)

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What is United Gulf Investment BSC Days Sales Outstanding?

United Gulf Investment BSC's average Accounts Receivable for the three months ended in Dec. 2023 was BHD4.72 Mil. United Gulf Investment BSC's Revenue for the three months ended in Dec. 2023 was BHD9.43 Mil. Hence, United Gulf Investment BSC's Days Sales Outstanding for the three months ended in Dec. 2023 was 45.63.

The historical rank and industry rank for United Gulf Investment BSC's Days Sales Outstanding or its related term are showing as below:

BAH:UGIC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.78 Med: 46.21 Max: 93.68
Current: 46.89

During the past 13 years, United Gulf Investment BSC's highest Days Sales Outstanding was 93.68. The lowest was 22.78. And the median was 46.21.

BAH:UGIC's Days Sales Outstanding is ranked better than
51.17% of 514 companies
in the Asset Management industry
Industry Median: 50.43 vs BAH:UGIC: 46.89

United Gulf Investment BSC's Days Sales Outstanding declined from Dec. 2022 (47.82) to Dec. 2023 (45.63).

United Gulf Investment BSC Days Sales Outstanding Historical Data

The historical data trend for United Gulf Investment BSC'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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United Gulf Investment BSC Days Sales Outstanding Chart

United Gulf Investment BSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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22.78

37.38

46.08

46.33

46.86

United Gulf Investment BSC 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															47.82	41.84	46.59	55.47	45.63

Competitive Comparison of United Gulf Investment BSC's Days Sales Outstanding

For the Asset Management subindustry, United Gulf Investment BSC'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.

United Gulf Investment BSC's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, United Gulf Investment BSC's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where United Gulf Investment BSC's Days Sales Outstanding falls into.

United Gulf Investment BSC 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.

United Gulf Investment BSC'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
=	( (4.233	+	5.255)	/	2 )	/	36.955	*	365
=	4.744					/	36.955	*	365
=	46.86

United Gulf Investment BSC'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
=	( (4.175	+	5.255)	/	2 )	/	9.43	*	365 / 4
=	4.715					/	9.43	*	365 / 4
=	45.63

United Gulf Investment BSC (BAH:UGIC) Days Sales Outstanding Explanation

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

United Gulf Investment BSC Days Sales Outstanding Related Terms

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United Gulf Investment BSC (BAH:UGIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » United Gulf Investment Corp BSC (BAH:UGIC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Road 2832, Block 428, P.O. Box 10177, Almoayyed Tower, Office 3202, Building 2504, Al-Seef District, Manama, BHR

Website

https://www.ugiccorp.com

United Gulf Investment Corp BSC is engaged in property leasing, buying, and selling of properties for the company, third-grade industrial maintenance works, and investment in local industrial projects. The company's investment objective includes developing and promoting industrial, chemical, and energy-related projects, in the Gulf region, identifying and investing in direct investment opportunities and investing in listed stocks and other financial instruments. Its operating segment includes Smelting and Investment activities. The company generates maximum revenue from the Smelting segment. the company has two geographical segments; the Kingdom of Bahrain and the Kingdom of Saudi Arabia.