Advanced Technology Co KSCC (KUW:ATC) Days Sales Outstanding

: 326.95 (As of Dec. 2023)

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Advanced Technology Co KSCC's average Accounts Receivable for the three months ended in Dec. 2023 was KWD186.0 Mil. Advanced Technology Co KSCC's Revenue for the three months ended in Dec. 2023 was KWD51.9 Mil. Hence, Advanced Technology Co KSCC's Days Sales Outstanding for the three months ended in Dec. 2023 was 326.95.

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

KUW:ATC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 207.82 Med: 390.38 Max: 431.19
Current: 398.59

During the past 13 years, Advanced Technology Co KSCC's highest Days Sales Outstanding was 431.19. The lowest was 207.82. And the median was 390.38.

KUW:ATC's Days Sales Outstanding is ranked worse than
95.83% of 96 companies
in the Medical Distribution industry
Industry Median: 77.31 vs KUW:ATC: 398.59

Advanced Technology Co KSCC's Days Sales Outstanding declined from Dec. 2022 (429.54) to Dec. 2023 (326.95).

Advanced Technology Co KSCC Days Sales Outstanding Historical Data

The historical data trend for Advanced Technology 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.

* Premium members only.

Advanced Technology Co KSCC Annual Data

Trend

Dec11

Dec12

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

390.57

390.18

431.19

398.20

414.33

Advanced Technology 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																429.54	388.75	426.86	465.33	326.95

Competitive Comparison

For the Medical Distribution subindustry, Advanced Technology 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.

Advanced Technology Co KSCC Days Sales Outstanding Distribution

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

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

Advanced Technology 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.

Advanced Technology 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
=	( (183.525	+	199.222)	/	2 )	/	168.589	*	365
=	191.3735					/	168.589	*	365
=	414.33

Advanced Technology 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
=	( (172.828	+	199.222)	/	2 )	/	51.918	*	365 / 4
=	186.025					/	51.918	*	365 / 4
=	326.95

Advanced Technology Co KSCC (KUW:ATC) Days Sales Outstanding Explanation

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

Advanced Technology Co KSCC Days Sales Outstanding Related Terms

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Advanced Technology Co KSCC (KUW:ATC) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Salem Al Mubarak Street, ATC Tower, P.O.Box: 44558, Street 1 Opposite Layla 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.

Advanced Technology Co KSCC (KUW:ATC) Headlines

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