Combined Group Contracting K C (KUW:CGC) Days Payable: 141.35 (As of Mar. 2026) — 34% Below Median


KUW:CGC Combined Group Contracting SA K C KUW:CGC
77 GF Score
Price KWD0.94
GF Value KWD1.07
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Combined Group Contracting K C Days Payable?

Combined Group Contracting K C KUW:CGC +1.30% 77 Days Payable is 141.35 as of Mar. 2026, which is 34% below its 10-year median of 213.51. GuruFocus rates KUW:CGC with a GF Score™ of 77/100 and a GF Value™ of KWD1.07 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,712 Construction companies, Combined Group Contracting K C ranks better than 71.61% on this metric.

Combined Group Contracting K C's average Accounts Payable for the three months ended in Mar. 2026 was KWD88.6 Mil. Combined Group Contracting K C's Cost of Goods Sold for the three months ended in Mar. 2026 was KWD57.2 Mil. Hence, Combined Group Contracting K C's Days Payable for the three months ended in Mar. 2026 was 141.35.

The historical rank and industry rank for Combined Group Contracting K C's Days Payable or its related term are showing as below:

KUW:CGC' s Days Payable Range Over the Past 10 Years
Min: 133.86   Med: 213.51   Max: 250.91
Current: 133.86

During the past 13 years, Combined Group Contracting K C's highest Days Payable was 250.91. The lowest was 133.86. And the median was 213.51.

KUW:CGC's Days Payable is ranked better than
71.61% of 1712 companies
in the Construction industry
Industry Median: 76.695 vs KUW:CGC: 133.86

Combined Group Contracting K C's Days Payable declined from Mar. 2025 (190.19) to Mar. 2026 (141.35). It may suggest that Combined Group Contracting K C accelerated paying its suppliers.


Combined Group Contracting K C Days Payable Historical Data

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The historical data trend for Combined Group Contracting K 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.

Combined Group Contracting K C Days Payable Chart

Combined Group Contracting K C Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 250.91 241.05 216.52 224.06 141.26

Combined Group Contracting K C Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 190.19 154.41 137.54 109.12 141.35

KUW:CGC vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Combined Group Contracting K 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.


Combined Group Contracting K C Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Combined Group Contracting K C's Days Payable distribution charts can be found below:

* The bar in red indicates where Combined Group Contracting K C's Days Payable falls into.


KUW:CGC
77GF Score
Combined Group Contracting SA K C KUW:CGC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Combined Group Contracting K 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.

Combined Group Contracting K C's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (86.111 + 87.324) / 2 ) / 224.066*365
=86.7175 / 224.066*365
=141.26

Combined Group Contracting K C's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (87.324 + 89.778) / 2 ) / 57.167*365 / 4
=88.551 / 57.167*365 / 4
=141.35

* 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 141.35 mean?
Combined Group Contracting K C (KUW:CGC) has a Days Payable of 141.35 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Combined Group Contracting K C and its competitors. This is 34% below median its historical median of 213.51. Over the past decade, Combined Group Contracting K C's Days Payable has ranged from 133.86 to 250.91. According to the industry distribution chart, Combined Group Contracting K C ranks #486 out of 1712 companies in the Construction industry, placing it in the top 28.4%.
Is Combined Group Contracting K C's Days Payable too high?
Combined Group Contracting K C's current Days Payable of 141.35 is 34% below median its 10-year median of 213.51. Over the past 10 years, this metric has ranged from a low of 133.86 to a high of 250.91. The Construction industry median Days Payable is 76.70. Combined Group Contracting K C's value of 141.35 is 84.3% above this industry median. Based on the distribution chart, Combined Group Contracting K C ranks #486 out of 1712 companies in the Construction industry, which is above the industry midpoint. Overall, Combined Group Contracting K C has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Combined Group Contracting K C's Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Combined Group Contracting K C ranks #486 out of 1712 companies for Days Payable. This puts Combined Group Contracting K C in the upper half of its industry. The industry median Days Payable is 76.70. Combined Group Contracting K C's value of 141.35 is 84.3% above this benchmark. Historically, Combined Group Contracting K C's own Days Payable has ranged from 133.86 to 250.91 over the past decade. While the company's 10-year median is 213.51 vs. the industry median of 76.70, Combined Group Contracting K C 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 Construction company?
The median Days Payable among Construction companies is 76.70, based on 1,712 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. Combined Group Contracting K C's current Days Payable of 141.35 is 84.3% 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 Combined Group Contracting K C and its competitors. For the Construction industry, the median Days Payable is 76.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Combined Group Contracting K C's current Days Payable is 141.35, which is 34% below median its own 10-year median of 213.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Combined Group Contracting K C stock overvalued right now?
Based on GuruFocus' analysis, Combined Group Contracting K C (KUW:CGC) is currently considered Modestly Undervalued. The stock's GF Value™ is KWD1.07, compared to a current price of KWD0.94 — trading 12.3% below its estimated fair value. The current Days Payable is 141.35, which is 34% below median its 10-year median of 213.51 and 84.3% above the Construction industry median of 76.70. Combined Group Contracting K C's overall GF Score™ is 77/100 with 3 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 Combined Group Contracting K C (KUW:CGC), the current Days Payable is 141.35 as of Mar. 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 Combined Group Contracting K C (KUW:CGC) Overvalued in 2026?

Based on GuruFocus' analysis, Combined Group Contracting K C stock appears to be undervalued. The current stock price of KWD0.94 is trading 12.3% below its estimated GF Value™ of KWD1.07. GuruFocus considers Combined Group Contracting K C to be Modestly Undervalued.

Key valuation signals for KUW:CGC:

  • Days Payable: 141.35 (34% below median its 10-year median of 213.51)
  • GF Value™: KWD1.07 vs. price of KWD0.94 (12.3% below fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 84.3% above the Construction median (#486 of 1712)

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


Combined Group Contracting K C Business Description

Address Al Ardiya Industrial, P.O. Box : 4819, Block No. 2, Plot No. 284, Kuwait City, KWT, 13049
Combined Group Contracting SA K C is a Kuwait-based company engaged in the construction of residential, commercial, and governmental buildings, roads, and infrastructure, and oil and gas-related development projects. Its service centers are Ready Mix plant, Asphalt Factories, Heavy Equipment, and Service Centers. The Group is divided into functional divisions to manage its various lines of business. The Group operates mainly in the State of Kuwait and other Gulf countries. The Group's segments are: the State of Kuwait segment and the Gulf Countries segment. It generates the majority of its revenue from the State of Kuwait segment.
77GF Score

Get the complete analysis for KUW:CGC

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

KWD0.94
Price
KWD1.07
GF Value