Taiba Kuwaiti Holding Co KSC (KUW:TAIBA) Days Payable: 0.00 (As of Sep. 2014)

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What is Taiba Kuwaiti Holding Co KSC Days Payable?

Taiba Kuwaiti Holding Co KSC KUW:TAIBA Days Payable is 0.00 as of Sep. 2014.

Taiba Kuwaiti Holding Co KSC's average Accounts Payable for the three months ended in Sep. 2014 was KWD0.0 Mil. Taiba Kuwaiti Holding Co KSC's Cost of Goods Sold for the three months ended in Sep. 2014 was KWD73.3 Mil. Hence, Taiba Kuwaiti Holding Co KSC's Days Payable for the three months ended in Sep. 2014 was 0.00.

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

KUW:TAIBA's Days Payable is not ranked *
in the Credit Services industry.
Industry Median: 33.87
* Ranked among companies with meaningful Days Payable only.

Taiba Kuwaiti Holding Co KSC's Days Payable stayed the same from Sep. 2012 (0.00) to Sep. 2014 (0.00). stayed the same

Taiba Kuwaiti Holding Co KSC Days Payable Historical Data

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The historical data trend for Taiba Kuwaiti Holding Co KSC'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.

Taiba Kuwaiti Holding Co KSC Days Payable Chart

Taiba Kuwaiti Holding Co KSC Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11
Days Payable
0.00 0.00 0.00 0.00 0.00

Taiba Kuwaiti Holding Co KSC Quarterly Data
Mar12 Jun12 Sep12 Jun13 Sep13 Jun14 Sep14
Days Payable Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Taiba Kuwaiti Holding Co KSC Days Payable Competitor Comparison

For the Credit Services subindustry, Taiba Kuwaiti Holding Co KSC'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.

Taiba Kuwaiti Holding Co KSC Days Payable vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Taiba Kuwaiti Holding Co KSC's Days Payable distribution charts can be found below:

* The bar in red indicates where Taiba Kuwaiti Holding Co KSC's Days Payable falls into.


Taiba Kuwaiti Holding Co KSC 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.

Taiba Kuwaiti Holding Co KSC's Days Payable for the fiscal year that ended in Dec. 2011 is calculated as

Days Payable (A: Dec. 2011 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2010 ) + Accounts Payable (A: Dec. 2011 )) / count ) / Cost of Goods Sold (A: Dec. 2011 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Taiba Kuwaiti Holding Co KSC's Days Payable for the quarter that ended in Sep. 2014 is calculated as:

Days Payable (Q: Sep. 2014 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2014 ) + Accounts Payable (Q: Sep. 2014 )) / count ) / Cost of Goods Sold (Q: Sep. 2014 )*Days in Period
=( (0 + 0) / 1 ) / 73.338*365 / 4
=0 / 73.338*365 / 4
=0.00

* 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 0.00 mean?
Taiba Kuwaiti Holding Co KSC (KUW:TAIBA) has a Days Payable of 0.00 as of Sep. 2014. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Taiba Kuwaiti Holding Co KSC and its competitors.
Is Taiba Kuwaiti Holding Co KSC's Days Payable too high?
Taiba Kuwaiti Holding Co KSC's current Days Payable is 0.00.
How does Taiba Kuwaiti Holding Co KSC's Days Payable compare to competitors?
Taiba Kuwaiti Holding Co KSC's Days Payable of 0.00 can be compared against companies in the Credit Services industry. The industry median Days Payable is 33.87. 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 Credit Services company?
The median Days Payable among Credit Services companies is 33.87, based on 301 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. 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 Taiba Kuwaiti Holding Co KSC and its competitors. For the Credit Services industry, the median Days Payable is 33.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiba Kuwaiti Holding Co KSC's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiba Kuwaiti Holding Co KSC stock overvalued right now?
Taiba Kuwaiti Holding Co KSC (KUW:TAIBA) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 Taiba Kuwaiti Holding Co KSC (KUW:TAIBA), the current Days Payable is 0.00 as of Sep. 2014. 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.

Taiba Kuwaiti Holding Co KSC Business Description

Comparable Companies KUW:ARZANKUW:FACIL
Taiba Kuwaiti Holding Co operates as an investment holding company. It holds shares of other companies, extends loans to investee companies, provides guarantees for third parties and acquires industrial trademarks, among others.