Advanced Technology Co KSCC (KUW:ATC) Days Payable : 64.39 (As of Mar. 2025)

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What is Advanced Technology Co KSCC Days Payable?

Advanced Technology Co KSCC's average Accounts Payable for the three months ended in Mar. 2025 was KWD18.2 Mil. Advanced Technology Co KSCC's Cost of Goods Sold for the three months ended in Mar. 2025 was KWD25.7 Mil. Hence, Advanced Technology Co KSCC's Days Payable for the three months ended in Mar. 2025 was 64.39.

The historical rank and industry rank for Advanced Technology Co KSCC's Days Payable or its related term are showing as below:

KUW:ATC' s Days Payable Range Over the Past 10 Years
Min: 50.15 Med: 83.5 Max: 112
Current: 50.15

During the past 13 years, Advanced Technology Co KSCC's highest Days Payable was 112.00. The lowest was 50.15. And the median was 83.50.

KUW:ATC's Days Payable is ranked worse than
75.23% of 109 companies
in the Medical Distribution industry
Industry Median: 77.29 vs KUW:ATC: 50.15

Advanced Technology Co KSCC's Days Payable declined from Mar. 2024 (67.52) to Mar. 2025 (64.39). It may suggest that Advanced Technology Co KSCC accelerated paying its suppliers.

Advanced Technology Co KSCC Days Payable Historical Data

The historical data trend for Advanced Technology Co KSCC'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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Advanced Technology Co KSCC Days Payable Chart

Advanced Technology Co KSCC Annual Data

Trend

Dec12

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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93.79

87.91

52.02

68.57

61.58

Advanced Technology Co KSCC Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															67.52	49.67	43.42	47.50	64.39

Competitive Comparison of Advanced Technology Co KSCC's Days Payable

For the Medical Distribution subindustry, Advanced Technology Co KSCC'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.

Advanced Technology Co KSCC's Days Payable Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Advanced Technology Co KSCC's Days Payable distribution charts can be found below:

* The bar in red indicates where Advanced Technology Co KSCC's Days Payable falls into.

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Advanced Technology Co KSCC 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.

Advanced Technology Co KSCC's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (26.611	+	18.735)	/	2 )	/	134.393	*	365
=	22.673					/	134.393	*	365
=	61.58

Advanced Technology Co KSCC's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

	Days Payable (Q: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2024 )	+	Accounts Payable (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (18.735	+	17.594)	/	2 )	/	25.742	*	365 / 4
=	18.1645					/	25.742	*	365 / 4
=	64.39

Advanced Technology Co KSCC Days Payable Related Terms

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Advanced Technology Co KSCC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Advanced Technology Co KSCC (KUW:ATC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Salem Al Mubarak Street, ATC Tower, P.O.Box: 44558, ATC Tower Opposite Laila Tower, Block 4, Salmiya, Hawali, Kuwait, KWT, 32060

Website

https://www.atc.com.kw

Advanced Technology Co KSCC is a medical equipment supplier to the Kuwait healthcare sector. Some of the services provided by the company are - Diagnostic imaging, Laboratory environmental management and Automation, Medical & surgical O.R solutions, Healthcare manpower services, and more. The firm operates in one business segment namely trading, installation, and maintenance of medical and healthcare-related products. It also engages in constructing, managing, and possessing hospitals, medical centers, clinics, and specialized labs. In addition, the firm offers a pharmacy license, and home care services.