Alargan International Real Estate Co (KUW:ARGAN) Days Sales Outstanding : 147.88 (As of Mar. 2024)

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What is Alargan International Real Estate Co Days Sales Outstanding?

Alargan International Real Estate Co's average Accounts Receivable for the three months ended in Mar. 2024 was KWD9.33 Mil. Alargan International Real Estate Co's Revenue for the three months ended in Mar. 2024 was KWD5.76 Mil. Hence, Alargan International Real Estate Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 147.88.

The historical rank and industry rank for Alargan International Real Estate Co's Days Sales Outstanding or its related term are showing as below:

KUW:ARGAN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 76.6 Med: 213.65 Max: 609.51
Current: 82.1

During the past 13 years, Alargan International Real Estate Co's highest Days Sales Outstanding was 609.51. The lowest was 76.60. And the median was 213.65.

KUW:ARGAN's Days Sales Outstanding is ranked worse than
70.72% of 1660 companies
in the Real Estate industry
Industry Median: 36.44 vs KUW:ARGAN: 82.10

Alargan International Real Estate Co's Days Sales Outstanding increased from Mar. 2023 (137.54) to Mar. 2024 (147.88).

Alargan International Real Estate Co Days Sales Outstanding Historical Data

The historical data trend for Alargan International Real Estate Co'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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Alargan International Real Estate Co Days Sales Outstanding Chart

Alargan International Real Estate Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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136.69

259.31

197.31

229.99

76.60

Alargan International Real Estate Co 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															137.54	174.71	150.00	35.31	147.88

Competitive Comparison of Alargan International Real Estate Co's Days Sales Outstanding

For the Real Estate Services subindustry, Alargan International Real Estate Co'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.

Alargan International Real Estate Co's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Alargan International Real Estate Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Alargan International Real Estate Co's Days Sales Outstanding falls into.

Alargan International Real Estate Co 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.

Alargan International Real Estate Co'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
=	( (8.127	+	8.972)	/	2 )	/	40.74	*	365
=	8.5495					/	40.74	*	365
=	76.60

Alargan International Real Estate Co'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
=	( (8.972	+	9.685)	/	2 )	/	5.756	*	365 / 4
=	9.3285					/	5.756	*	365 / 4
=	147.88

Alargan International Real Estate Co (KUW:ARGAN) Days Sales Outstanding Explanation

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

Alargan International Real Estate Co Days Sales Outstanding Related Terms

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Alargan International Real Estate Co (KUW:ARGAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Alargan International Real Estate Co (KUW:ARGAN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Free Trade Zone, Argan Business Park, P.O.Box 8904, Shuwaikh (Block F98), Kuwait City, KWT, 22060

Website

http://www.alargan.com

Alargan International Real Estate Co is a real estate company in Kuwait. Its activities are represented primarily in real estate investment activity, contracting activities and hotels and resorts activities. Its operating segments include Real estate investment, Contracting, Hotels, and resorts. The group primarily operates inside Kuwait and outside Kuwait which includes the Kingdom of Saudi Arabia, Kingdom of Bahrain, Arab Republic of Egypt, Sultanate of Oman, and the Republic of Lebanon. Geographically the company receives maximum revenue from inside Kuwait.

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