Inovest BSC (KUW:INOVEST) Days Sales Outstanding : 213.91 (As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Inovest BSC Days Sales Outstanding?

Inovest BSC's average Accounts Receivable for the three months ended in Mar. 2024 was KWD4.56 Mil. Inovest BSC's Revenue for the three months ended in Mar. 2024 was KWD1.95 Mil. Hence, Inovest BSC's Days Sales Outstanding for the three months ended in Mar. 2024 was 213.91.

The historical rank and industry rank for Inovest BSC's Days Sales Outstanding or its related term are showing as below:

KUW:INOVEST' s Days Sales Outstanding Range Over the Past 10 Years
Min: 119.11 Med: 365.46 Max: 1889.89
Current: 160.06

During the past 13 years, Inovest BSC's highest Days Sales Outstanding was 1889.89. The lowest was 119.11. And the median was 365.46.

KUW:INOVEST's Days Sales Outstanding is ranked worse than
80.59% of 510 companies
in the Asset Management industry
Industry Median: 49.855 vs KUW:INOVEST: 160.06

Inovest BSC's Days Sales Outstanding increased from Mar. 2023 (137.41) to Mar. 2024 (213.91).

Inovest BSC Days Sales Outstanding Historical Data

The historical data trend for Inovest BSC'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.

* Premium members only.

Inovest BSC Days Sales Outstanding Chart

Inovest BSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

401.65

415.66

652.93

283.38

243.43

Inovest BSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															137.41	353.79	287.48	98.76	213.91

Competitive Comparison of Inovest BSC's Days Sales Outstanding

For the Asset Management subindustry, Inovest BSC'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.

Inovest BSC's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Inovest BSC's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Inovest BSC's Days Sales Outstanding falls into.

Inovest BSC 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.

Inovest BSC'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
=	( (5.194	+	6.788)	/	2 )	/	8.983	*	365
=	5.991					/	8.983	*	365
=	243.43

Inovest BSC's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (6.788	+	2.331)	/	2 )	/	1.945	*	365 / 4
=	4.5595					/	1.945	*	365 / 4
=	213.91

Inovest BSC (KUW:INOVEST) Days Sales Outstanding Explanation

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

Inovest BSC Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Inovest BSC's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Inovest BSC (KUW:INOVEST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Inovest BSC (KUW:INOVEST) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

INOVEST:Bahrain

Address

King Faisal Street, Bahrain Financial Harbour, 35th Floor, P.O. Box 18334, East Tower, Manama, BHR

Website

https://www.inovest.bh

Inovest BSC is an investment company. The principal business activity of the company includes all types of investments, including direct investment and securities, and varied investment funds; establishing and managing various investment funds; and dealing in financial instruments in the local, regional and international markets. Its segments are Investment and related services, Construction contracts, Development and sale of industrial plots and Property and facility management services.

Inovest BSC (KUW:INOVEST) Headlines

No Headlines