Automated Systems Company (K.S.C.C) (KUW:ASC) Days Sales Outstanding : 120.59 (As of Jun. 2024)

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What is Automated Systems Company (K.S.C.C) Days Sales Outstanding?

Automated Systems Company (K.S.C.C)'s average Accounts Receivable for the three months ended in Jun. 2024 was KWD1.20 Mil. Automated Systems Company (K.S.C.C)'s Revenue for the three months ended in Jun. 2024 was KWD0.91 Mil. Hence, Automated Systems Company (K.S.C.C)'s Days Sales Outstanding for the three months ended in Jun. 2024 was 120.59.

The historical rank and industry rank for Automated Systems Company (K.S.C.C)'s Days Sales Outstanding or its related term are showing as below:

KUW:ASC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 110.43 Med: 266.67 Max: 355.75
Current: 110.43

During the past 13 years, Automated Systems Company (K.S.C.C)'s highest Days Sales Outstanding was 355.75. The lowest was 110.43. And the median was 266.67.

KUW:ASC's Days Sales Outstanding is ranked worse than
79.69% of 2743 companies
in the Software industry
Industry Median: 61.4 vs KUW:ASC: 110.43

Automated Systems Company (K.S.C.C)'s Days Sales Outstanding increased from Jun. 2023 (41.38) to Jun. 2024 (120.59).

Automated Systems Company (K.S.C.C) Days Sales Outstanding Historical Data

The historical data trend for Automated Systems Company (K.S.C.C)'s Days Sales Outstanding 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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Automated Systems Company (K.S.C.C) Days Sales Outstanding Chart

Automated Systems Company (K.S.C.C) Annual Data

Trend

Dec13

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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266.67

330.08

355.75

322.88

261.43

Automated Systems Company (K.S.C.C) Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															41.38	37.58	134.12	218.49	120.59

Competitive Comparison of Automated Systems Company (K.S.C.C)'s Days Sales Outstanding

For the Software - Infrastructure subindustry, Automated Systems Company (K.S.C.C)'s Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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.

Automated Systems Company (K.S.C.C)'s Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Automated Systems Company (K.S.C.C)'s Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Automated Systems Company (K.S.C.C)'s Days Sales Outstanding falls into.

Automated Systems Company (K.S.C.C) Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Automated Systems Company (K.S.C.C)'s Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (2.744	+	2.688)	/	2 )	/	3.792	*	365
=	2.716					/	3.792	*	365
=	261.43

Automated Systems Company (K.S.C.C)'s Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2024 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (2.072	+	0.328)	/	2 )	/	0.908	*	365 / 4
=	1.2					/	0.908	*	365 / 4
=	120.59

Automated Systems Company (K.S.C.C) (KUW:ASC) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Automated Systems Company (K.S.C.C) Days Sales Outstanding Related Terms

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Automated Systems Company (K.S.C.C) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Automated Systems Company Ltd (K.S.C.C) (KUW:ASC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Free zone, Future Area, P.O.Box 27159, Plot No. 28B / 29B, Safat, Kuwait, KWT, 13132

Website

http://www.asc-me.net

Automated Systems Company Ltd (K.S.C.C) operates in the IT (information technology) sector. It provides full end-to-end solution starting from cabling and network infrastructure up to the level of enterprise resource planning (ERP) implementation through specialized engineers. Its business activities are divided into three divisions including Global Distribution Systems, Services & Solutions and Engineering Solutions. The company offers various services including systems integration, in-house developed application and mobility solutions, IT managed services, consulting services, cloud computing, among others.