Kuwait Co for Process Plant Constructionntracting KPSC (KUW:KCPC) Days Payable : 92.23 (As of Dec. 2024)

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What is Kuwait Co for Process Plant Constructionntracting KPSC Days Payable?

Kuwait Co for Process Plant Constructionntracting KPSC's average Accounts Payable for the three months ended in Dec. 2024 was KWD6.75 Mil. Kuwait Co for Process Plant Constructionntracting KPSC's Cost of Goods Sold for the three months ended in Dec. 2024 was KWD6.68 Mil. Hence, Kuwait Co for Process Plant Constructionntracting KPSC's Days Payable for the three months ended in Dec. 2024 was 92.23.

The historical rank and industry rank for Kuwait Co for Process Plant Constructionntracting KPSC's Days Payable or its related term are showing as below:

KUW:KCPC' s Days Payable Range Over the Past 10 Years
Min: 49.81 Med: 87.02 Max: 189.74
Current: 67.01

During the past 13 years, Kuwait Co for Process Plant Constructionntracting KPSC's highest Days Payable was 189.74. The lowest was 49.81. And the median was 87.02.

KUW:KCPC's Days Payable is ranked worse than
56.53% of 1668 companies
in the Construction industry
Industry Median: 77.04 vs KUW:KCPC: 67.01

Kuwait Co for Process Plant Constructionntracting KPSC's Days Payable increased from Dec. 2023 (83.29) to Dec. 2024 (92.23). It may suggest that Kuwait Co for Process Plant Constructionntracting KPSC delayed paying its suppliers.

Kuwait Co for Process Plant Constructionntracting KPSC Days Payable Historical Data

The historical data trend for Kuwait Co for Process Plant Constructionntracting KPSC'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.

* Premium members only.

Kuwait Co for Process Plant Constructionntracting KPSC Days Payable Chart

Kuwait Co for Process Plant Constructionntracting KPSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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92.58

105.66

100.41

81.46

66.03

Kuwait Co for Process Plant Constructionntracting KPSC Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															83.29	75.87	46.89	70.27	92.23

Competitive Comparison of Kuwait Co for Process Plant Constructionntracting KPSC's Days Payable

For the Engineering & Construction subindustry, Kuwait Co for Process Plant Constructionntracting KPSC'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.

Kuwait Co for Process Plant Constructionntracting KPSC's Days Payable Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kuwait Co for Process Plant Constructionntracting KPSC's Days Payable distribution charts can be found below:

* The bar in red indicates where Kuwait Co for Process Plant Constructionntracting KPSC's Days Payable falls into.

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Kuwait Co for Process Plant Constructionntracting KPSC 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.

Kuwait Co for Process Plant Constructionntracting KPSC'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
=	( (6.623	+	6.505)	/	2 )	/	36.283	*	365
=	6.564					/	36.283	*	365
=	66.03

Kuwait Co for Process Plant Constructionntracting KPSC's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (7.003	+	6.505)	/	2 )	/	6.682	*	365 / 4
=	6.754					/	6.682	*	365 / 4
=	92.23

Kuwait Co for Process Plant Constructionntracting KPSC Days Payable Related Terms

Thank you for viewing the detailed overview of Kuwait Co for Process Plant Constructionntracting KPSC's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Kuwait Co for Process Plant Constructionntracting KPSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kuwait Co for Process Plant Construction & Contracting KPSC (KUW:KCPC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shuwaikh Industrial No. 3, Makhfar Street 30, P.O. Box: 3404, Near Shahrazad Round About, Safat, Kuwait City, KWT, 13035

Website

https://www.kcpc.com.kw

Kuwait Co for Process Plant Construction & Contracting KPSC is engaged in building, civil construction, and infrastructure development activities. Its services comprise Civil Engineering, Road and Infrastructure, Specialty Projects, Electrical Engineering, Engineering Products, Water Facilities, Building Transport Systems, Scaffolding & Equipment Rentals, and Marble & Natural Stone Products and Services. It operates in three segments: Construction, installation, and maintenance; Hotels; and Investment of surplus funds, of which all of its revenue comes from the Construction segment. The company's geographical segments are Kuwait, United Arab Emirates, Oman, and Lebanon.

Kuwait Co for Process Plant Constructionntracting KPSC Headlines

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