IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Days Sales Outstanding : 152.37 (As of Dec. 2023)

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What is IFA Hotels & Resorts Co KSCC Days Sales Outstanding?

IFA Hotels & Resorts Co KSCC's average Accounts Receivable for the three months ended in Dec. 2023 was KWD15.76 Mil. IFA Hotels & Resorts Co KSCC's Revenue for the three months ended in Dec. 2023 was KWD9.44 Mil. Hence, IFA Hotels & Resorts Co KSCC's Days Sales Outstanding for the three months ended in Dec. 2023 was 152.37.

The historical rank and industry rank for IFA Hotels & Resorts Co KSCC's Days Sales Outstanding or its related term are showing as below:

KUW:IFAHR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 60.86 Med: 147.49 Max: 423.25
Current: 150.6

During the past 13 years, IFA Hotels & Resorts Co KSCC's highest Days Sales Outstanding was 423.25. The lowest was 60.86. And the median was 147.49.

KUW:IFAHR's Days Sales Outstanding is ranked worse than
83.79% of 1666 companies
in the Real Estate industry
Industry Median: 36.77 vs KUW:IFAHR: 150.60

IFA Hotels & Resorts Co KSCC's Days Sales Outstanding declined from Dec. 2022 (186.51) to Dec. 2023 (152.37).

IFA Hotels & Resorts Co KSCC Days Sales Outstanding Historical Data

The historical data trend for IFA Hotels & Resorts 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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IFA Hotels & Resorts Co KSCC Days Sales Outstanding Chart

IFA Hotels & Resorts Co KSCC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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124.45

423.25

212.69

180.42

163.93

IFA Hotels & Resorts Co KSCC 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															186.51	115.00	135.65	217.04	152.37

Competitive Comparison of IFA Hotels & Resorts Co KSCC's Days Sales Outstanding

For the Real Estate Services subindustry, IFA Hotels & Resorts 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.

IFA Hotels & Resorts Co KSCC's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, IFA Hotels & Resorts Co KSCC's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where IFA Hotels & Resorts Co KSCC's Days Sales Outstanding falls into.

IFA Hotels & Resorts 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.

IFA Hotels & Resorts Co KSCC'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
=	( (15.089	+	16.455)	/	2 )	/	35.117	*	365
=	15.772					/	35.117	*	365
=	163.93

IFA Hotels & Resorts Co KSCC'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
=	( (15.071	+	16.455)	/	2 )	/	9.44	*	365 / 4
=	15.763					/	9.44	*	365 / 4
=	152.37

IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Days Sales Outstanding Explanation

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

IFA Hotels & Resorts Co KSCC Days Sales Outstanding Related Terms

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IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » IFA Hotels & Resorts Co KSCC (KUW:IFAHR) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Souk Al-Kuwait Building, Block A, P.O. Box 4694, 8th Floor, Al Abdul Razzak Square, Safat, Kuwait City, KWT, 13047

Website

https://www.ifahotelsresorts.com

IFA Hotels & Resorts Co KSCC is engaged in the development and operations of mixed-use hotel and tourism resort projects and luxury leisure services. In addition, it invests in the land; and engages in property development activities. The company operates in four reportable segments namely property development, hoteliering, investments, and others. The majority of the revenue is generated from the property development segment. Its geographical segments include Kuwait, United Arab Emirates & Asia, Africa, and others, of which majority revenue comes from the United Arab Emirates & Asia.

IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Headlines

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