First Investment Company (K.S.C.C.) (KUW:ALOLA) Days Payable : 0.00 (As of Dec. 2023)

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What is First Investment Company (K.S.C.C.) Days Payable?

First Investment Company (K.S.C.C.)'s average Accounts Payable for the three months ended in Dec. 2023 was KWD0.00 Mil. First Investment Company (K.S.C.C.)'s Cost of Goods Sold for the three months ended in Dec. 2023 was KWD0.17 Mil. Hence, First Investment Company (K.S.C.C.)'s Days Payable for the three months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for First Investment Company (K.S.C.C.)'s Days Payable or its related term are showing as below:

KUW:ALOLA's Days Payable is not ranked ^*
in the Asset Management industry.
Industry Median: 70.5
* Ranked among companies with meaningful Days Payable only.

First Investment Company (K.S.C.C.)'s Days Payable stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00). stayed the same

First Investment Company (K.S.C.C.) Days Payable Historical Data

The historical data trend for First Investment Company (K.S.C.C.)'s Days Payable 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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First Investment Company (K.S.C.C.) Days Payable Chart

First Investment Company (K.S.C.C.) Annual Data

Trend

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Dec23

Days Payable

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First Investment Company (K.S.C.C.) Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of First Investment Company (K.S.C.C.)'s Days Payable

For the Asset Management subindustry, First Investment Company (K.S.C.C.)'s Days Payable, along with its competitors' market caps and Days Payable 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.

First Investment Company (K.S.C.C.)'s Days Payable Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Investment Company (K.S.C.C.)'s Days Payable distribution charts can be found below:

* The bar in red indicates where First Investment Company (K.S.C.C.)'s Days Payable falls into.

First Investment Company (K.S.C.C.) Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

First Investment Company (K.S.C.C.)'s Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.466	*	365
=	0					/	0.466	*	365
=	0.00

First Investment Company (K.S.C.C.)'s Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.167	*	365 / 4
=	0					/	0.167	*	365 / 4
=	0.00

First Investment Company (K.S.C.C.) Days Payable Related Terms

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First Investment Company (K.S.C.C.) (KUW:ALOLA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » First Investment Company (K.S.C.C.) (KUW:ALOLA) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Hamra Tower, AI Shahada Street, Floor 68, Sharq Area, Kuwait City, KWT, 13063

Website

https://www.fic.com.kw

First Investment Company (K.S.C.C.) is a provider of investment and financial services in Kuwait. The company's activities include financial brokerage activities, securities trading transitions including buying and selling stocks and bonds of governmental and non-governmental agencies and companies. It invests in Agriculture, Oil & Oil Products, Manufacturing, Utilities, Construction, Services Sectors, Trade, Hotels, Transport, Finance, Real Estate, and Social and Personal services sector. The company operates in Kuwait, Kingdom of Saudi Arabia, and Others geographical areas with the majority of the revenue deriving from Kuwait.

First Investment Company (K.S.C.C.) (KUW:ALOLA) Headlines

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