Mezzan Holding Co KSC (KUW:MEZZAN) Days Sales Outstanding : 60.88 (As of Mar. 2024)

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What is Mezzan Holding Co KSC Days Sales Outstanding?

Mezzan Holding Co KSC's average Accounts Receivable for the three months ended in Mar. 2024 was KWD57.0 Mil. Mezzan Holding Co KSC's Revenue for the three months ended in Mar. 2024 was KWD85.5 Mil. Hence, Mezzan Holding Co KSC's Days Sales Outstanding for the three months ended in Mar. 2024 was 60.88.

The historical rank and industry rank for Mezzan Holding Co KSC's Days Sales Outstanding or its related term are showing as below:

KUW:MEZZAN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 70.11 Med: 80.34 Max: 87.18
Current: 72.02

During the past 9 years, Mezzan Holding Co KSC's highest Days Sales Outstanding was 87.18. The lowest was 70.11. And the median was 80.34.

KUW:MEZZAN's Days Sales Outstanding is ranked worse than
82.85% of 1848 companies
in the Consumer Packaged Goods industry
Industry Median: 39.07 vs KUW:MEZZAN: 72.02

Mezzan Holding Co KSC's Days Sales Outstanding increased from Mar. 2023 (60.59) to Mar. 2024 (60.88).

Mezzan Holding Co KSC Days Sales Outstanding Historical Data

The historical data trend for Mezzan Holding Co KSC'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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Mezzan Holding Co KSC Days Sales Outstanding Chart

Mezzan Holding Co KSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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82.51

80.34

76.56

74.07

70.11

Mezzan Holding Co KSC 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															60.59	78.07	74.09	75.25	60.88

Competitive Comparison of Mezzan Holding Co KSC's Days Sales Outstanding

For the Packaged Foods subindustry, Mezzan Holding Co KSC'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.

Mezzan Holding Co KSC's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mezzan Holding Co KSC's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Mezzan Holding Co KSC's Days Sales Outstanding falls into.

Mezzan Holding Co KSC 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.

Mezzan Holding Co KSC'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
=	( (50.737	+	53.44)	/	2 )	/	271.178	*	365
=	52.0885					/	271.178	*	365
=	70.11

Mezzan Holding Co KSC'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
=	( (53.44	+	60.601)	/	2 )	/	85.467	*	365 / 4
=	57.0205					/	85.467	*	365 / 4
=	60.88

Mezzan Holding Co KSC (KUW:MEZZAN) Days Sales Outstanding Explanation

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

Mezzan Holding Co KSC Days Sales Outstanding Related Terms

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Mezzan Holding Co KSC (KUW:MEZZAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Mezzan Holding Co KSC (KUW:MEZZAN) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Shuwaikh Industrial Area 3, Block 1A, Jassim Al Wazzan Sons Building, P.O Box: 124, Safat, KWT, 13002

Website

https://www.mezzan.com

Mezzan Holding Co KSC is engaged in the manufacturing, sale, and distribution of food and non-food products. It manufactures and distributes chips, snacks, meats, bottled water, and canned foods and is also involved in the catering business, providing meals to corporations, hotels, airlines, industrial sites, and government ministries. It operates in five segments namely: Food; Catering; Services; Fast Moving Consumer Goods, Healthcare Industrial; and Industrial. The firm derives most of its revenue from the Food segment. The company's geographical segments include Kuwait, Saudi Arabia, United Arab Emirates, Qatar, Jordan, Afghanistan, and Iraq.

Mezzan Holding Co KSC (KUW:MEZZAN) Headlines

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