Al Enmaa Real Estate Co (KUW:ALENMA) Days Payable: 286.78 (As of Apr. 2026) — 91% Above Median

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KUW:ALENMA Al Enmaa Real Estate Co KUW:ALENMA
26 GF Score
Price KWD0.13
GF Value KWD0.10
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Al Enmaa Real Estate Co Days Payable?

Al Enmaa Real Estate Co KUW:ALENMA +0.81% 26 Days Payable is 286.78 as of Apr. 2026, which is 91% above its 10-year median of 150.29. GuruFocus rates KUW:ALENMA with a GF Score™ of 26/100 and a GF Value™ of KWD0.10 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,573 Real Estate companies, Al Enmaa Real Estate Co ranks better than 80.93% on this metric.

Al Enmaa Real Estate Co's average Accounts Payable for the three months ended in Apr. 2026 was KWD4.69 Mil. Al Enmaa Real Estate Co's Cost of Goods Sold for the three months ended in Apr. 2026 was KWD1.49 Mil. Hence, Al Enmaa Real Estate Co's Days Payable for the three months ended in Apr. 2026 was 286.78.

The historical rank and industry rank for Al Enmaa Real Estate Co's Days Payable or its related term are showing as below:

KUW:ALENMA' s Days Payable Range Over the Past 10 Years
Min: 90.57   Med: 150.29   Max: 365.64
Current: 317.2

During the past 13 years, Al Enmaa Real Estate Co's highest Days Payable was 365.64. The lowest was 90.57. And the median was 150.29.

KUW:ALENMA's Days Payable is ranked better than
80.93% of 1573 companies
in the Real Estate industry
Industry Median: 92.43 vs KUW:ALENMA: 317.20

Al Enmaa Real Estate Co's Days Payable declined from Apr. 2025 (645.51) to Apr. 2026 (286.78). It may suggest that Al Enmaa Real Estate Co accelerated paying its suppliers.


Al Enmaa Real Estate Co Days Payable Historical Data

* Premium members only.

The historical data trend for Al Enmaa Real Estate Co'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.

Al Enmaa Real Estate Co Days Payable Chart

Al Enmaa Real Estate Co Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 163.52 269.50 365.64 198.60 117.34

Al Enmaa Real Estate Co Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 645.51 893.26 842.26 140.68 286.78

KUW:ALENMA vs CBRE, BEKE, JLL: Days Payable Comparison

For the Real Estate Services subindustry, Al Enmaa Real Estate Co'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.


Al Enmaa Real Estate Co Days Payable vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Al Enmaa Real Estate Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Al Enmaa Real Estate Co's Days Payable falls into.


KUW:ALENMA
26GF Score
Al Enmaa Real Estate Co KUW:ALENMA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Al Enmaa Real Estate Co 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.

Al Enmaa Real Estate Co's Days Payable for the fiscal year that ended in Oct. 2025 is calculated as

Days Payable (A: Oct. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Oct. 2024 ) + Accounts Payable (A: Oct. 2025 )) / count ) / Cost of Goods Sold (A: Oct. 2025 )*Days in Period
=( (0.567 + 0.355) / 2 ) / 1.434*365
=0.461 / 1.434*365
=117.34

Al Enmaa Real Estate Co's Days Payable for the quarter that ended in Apr. 2026 is calculated as:

Days Payable (Q: Apr. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jan. 2026 ) + Accounts Payable (Q: Apr. 2026 )) / count ) / Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=( (5.118 + 4.26) / 2 ) / 1.492*365 / 4
=4.689 / 1.492*365 / 4
=286.78

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 286.78 mean?
Al Enmaa Real Estate Co (KUW:ALENMA) has a Days Payable of 286.78 as of Apr. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Al Enmaa Real Estate Co and its competitors. This is 91% above median its historical median of 150.29. Over the past decade, Al Enmaa Real Estate Co's Days Payable has ranged from 90.57 to 365.64. According to the industry distribution chart, Al Enmaa Real Estate Co ranks #300 out of 1573 companies in the Real Estate industry, placing it in the top 19.1%.
Is Al Enmaa Real Estate Co's Days Payable too high?
Al Enmaa Real Estate Co's current Days Payable of 286.78 is 91% above median its 10-year median of 150.29. Over the past 10 years, this metric has ranged from a low of 90.57 to a high of 365.64. The Real Estate industry median Days Payable is 92.43. Al Enmaa Real Estate Co's value of 286.78 is 210.3% above this industry median. Based on the distribution chart, Al Enmaa Real Estate Co ranks #300 out of 1573 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Al Enmaa Real Estate Co has a GF Score™ of 26/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Al Enmaa Real Estate Co's Days Payable compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Al Enmaa Real Estate Co ranks #300 out of 1573 companies for Days Payable. This places Al Enmaa Real Estate Co in the top 19% of its industry — outperforming the majority of peers. The industry median Days Payable is 92.43. Al Enmaa Real Estate Co's value of 286.78 is 210.3% above this benchmark. Historically, Al Enmaa Real Estate Co's own Days Payable has ranged from 90.57 to 365.64 over the past decade. While the company's 10-year median is 150.29 vs. the industry median of 92.43, Al Enmaa Real Estate Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Real Estate company?
The median Days Payable among Real Estate companies is 92.43, based on 1,573 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Al Enmaa Real Estate Co's current Days Payable of 286.78 is 210.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Al Enmaa Real Estate Co and its competitors. For the Real Estate industry, the median Days Payable is 92.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Al Enmaa Real Estate Co's current Days Payable is 286.78, which is 91% above median its own 10-year median of 150.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Enmaa Real Estate Co stock overvalued right now?
Based on GuruFocus' analysis, Al Enmaa Real Estate Co (KUW:ALENMA) is currently considered Modestly Overvalued. The stock's GF Value™ is KWD0.10, compared to a current price of KWD0.13 — trading 25% above its estimated fair value. The current Days Payable is 286.78, which is 91% above median its 10-year median of 150.29 and 210.3% above the Real Estate industry median of 92.43. Al Enmaa Real Estate Co's overall GF Score™ is 26/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Al Enmaa Real Estate Co (KUW:ALENMA), the current Days Payable is 286.78 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Al Enmaa Real Estate Co (KUW:ALENMA) Overvalued in 2026?

Based on GuruFocus' analysis, Al Enmaa Real Estate Co stock appears to be overvalued. The current stock price of KWD0.13 is trading 25% above its estimated GF Value™ of KWD0.10. GuruFocus considers Al Enmaa Real Estate Co to be Modestly Overvalued.

Key valuation signals for KUW:ALENMA:

  • Days Payable: 286.78 (91% above median its 10-year median of 150.29)
  • GF Value™: KWD0.10 vs. price of KWD0.13 (25% above fair value)
  • GF Score™: 26/100 with 6 warning signs
  • Industry Position: 210.3% above the Real Estate median (#300 of 1573)

No single metric tells the full story. See the KUW:ALENMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Al Enmaa Real Estate Co Business Description

Address Abdullah Al-Mubarak Street, P.O. Box 24544, 1st, 2nd anD 3rd Floors, Al-Enmaa Tower, Mirqab, Safat, Kuwait City, KWT, 13160
Al Enmaa Real Estate Co is a real estate development and investment company. It operates in the following reportable segments: Construction projects, Services rendered, Real estate, and Investments. Maximum revenue is generated from the Services rendered segment, which undertakes maintenance of mechanical and electrical spare parts and building materials, provides security services, and manages real estate for others. The Construction projects segment undertakes contracts to construct buildings; the Real estate segment is involved in managing its own properties and renting properties; and the Investments segment invests in shares of local and foreign companies and real estate properties. Geographically, the Group generates maximum revenue from Kuwait and the rest from other Gulf countries.
26GF Score

Get the complete analysis for KUW:ALENMA

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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