HumanSoft Holding Co KSCP (KUW:HUMANSOFT) Days Payable : 14.07 (As of Sep. 2024)

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What is HumanSoft Holding Co KSCP Days Payable?

HumanSoft Holding Co KSCP's average Accounts Payable for the three months ended in Sep. 2024 was KWD0.46 Mil. HumanSoft Holding Co KSCP's Cost of Goods Sold for the three months ended in Sep. 2024 was KWD2.95 Mil. Hence, HumanSoft Holding Co KSCP's Days Payable for the three months ended in Sep. 2024 was 14.07.

The historical rank and industry rank for HumanSoft Holding Co KSCP's Days Payable or its related term are showing as below:

KUW:HUMANSOFT' s Days Payable Range Over the Past 10 Years
Min: 11.47 Med: 45.18 Max: 73.47
Current: 11.47

During the past 13 years, HumanSoft Holding Co KSCP's highest Days Payable was 73.47. The lowest was 11.47. And the median was 45.18.

KUW:HUMANSOFT's Days Payable is ranked worse than
77.21% of 215 companies
in the Education industry
Industry Median: 35.47 vs KUW:HUMANSOFT: 11.47

HumanSoft Holding Co KSCP's Days Payable declined from Sep. 2023 (14.94) to Sep. 2024 (14.07). It may suggest that HumanSoft Holding Co KSCP accelerated paying its suppliers.

HumanSoft Holding Co KSCP Days Payable Historical Data

The historical data trend for HumanSoft Holding Co KSCP'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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HumanSoft Holding Co KSCP Days Payable Chart

HumanSoft Holding Co KSCP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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35.31

25.23

22.92

21.47

17.02

HumanSoft Holding Co KSCP Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															14.94	10.64	13.35	10.68	14.07

Competitive Comparison of HumanSoft Holding Co KSCP's Days Payable

For the Education & Training Services subindustry, HumanSoft Holding Co KSCP'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.

HumanSoft Holding Co KSCP's Days Payable Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, HumanSoft Holding Co KSCP's Days Payable distribution charts can be found below:

* The bar in red indicates where HumanSoft Holding Co KSCP's Days Payable falls into.

HumanSoft Holding Co KSCP 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.

HumanSoft Holding Co KSCP'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
=	( (0.754	+	0.684)	/	2 )	/	15.422	*	365
=	0.719					/	15.422	*	365
=	17.02

HumanSoft Holding Co KSCP's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0.444	+	0.466)	/	2 )	/	2.95	*	365 / 4
=	0.455					/	2.95	*	365 / 4
=	14.07

HumanSoft Holding Co KSCP Days Payable Related Terms

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HumanSoft Holding Co KSCP Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » HumanSoft Holding Co KSCP (KUW:HUMANSOFT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ahmad Al-Jaber Street, 4th Floor, Dar Al-Awadhi Tower, Sharq, Kuwait city, KWT, 15300

Website

https://www.human-soft.com

HumanSoft Holding Co KSCP is Kuwait based company. The company is engaged, along with its subsidiaries, in establishing and managing private universities and colleges, providing computer education, language training, executive courses, and electronic commerce and media. The company is organized in business segments of Higher Education and Others. The company earns the majority of revenue from the Higher education segment.

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