Noor Financial Investment Co (KUW:NOOR) Days Sales Outstanding : 116.36 (As of Mar. 2025)

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What is Noor Financial Investment Co Days Sales Outstanding?

Noor Financial Investment Co's average Accounts Receivable for the three months ended in Mar. 2025 was KWD5.01 Mil. Noor Financial Investment Co's Revenue for the three months ended in Mar. 2025 was KWD3.93 Mil. Hence, Noor Financial Investment Co's Days Sales Outstanding for the three months ended in Mar. 2025 was 116.36.

The historical rank and industry rank for Noor Financial Investment Co's Days Sales Outstanding or its related term are showing as below:

KUW:NOOR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 50.77 Med: 91.18 Max: 249.35
Current: 94.03

During the past 13 years, Noor Financial Investment Co's highest Days Sales Outstanding was 249.35. The lowest was 50.77. And the median was 91.18.

KUW:NOOR's Days Sales Outstanding is ranked worse than
70.16% of 506 companies
in the Asset Management industry
Industry Median: 49.96 vs KUW:NOOR: 94.03

Noor Financial Investment Co's Days Sales Outstanding declined from Mar. 2024 (126.07) to Mar. 2025 (116.36).

Noor Financial Investment Co Days Sales Outstanding Historical Data

The historical data trend for Noor Financial Investment Co'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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Noor Financial Investment Co Days Sales Outstanding Chart

Noor Financial Investment Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Sales Outstanding

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79.85

78.35

105.53

90.38

50.77

Noor Financial Investment Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Sales Outstanding	Get a 7-Day Free Trial															126.07	129.74	61.15	36.51	116.36

Competitive Comparison of Noor Financial Investment Co's Days Sales Outstanding

For the Asset Management subindustry, Noor Financial Investment Co'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.

Noor Financial Investment Co's Days Sales Outstanding Distribution in the Asset Management Industry

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

* The bar in red indicates where Noor Financial Investment Co's Days Sales Outstanding falls into.

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Noor Financial Investment Co 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.

Noor Financial Investment Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

	Days Sales Outstanding (A: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (1.995	+	2.786)	/	2 )	/	17.186	*	365
=	2.3905					/	17.186	*	365
=	50.77

Noor Financial Investment Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

	Days Sales Outstanding (Q: Mar. 2025 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2024 )	+	Accounts Receivable (A: Mar. 2025 ))	/	count )	/	Revenue (A: Mar. 2025 )	*	Days in Period
=	( (2.786	+	7.234)	/	2 )	/	3.929	*	365 / 4
=	5.01					/	3.929	*	365 / 4
=	116.36

Noor Financial Investment Co (KUW:NOOR) Days Sales Outstanding Explanation

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

Noor Financial Investment Co Days Sales Outstanding Related Terms

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Noor Financial Investment Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Noor Financial Investment Co (KUW:NOOR) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

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Address

Intersection of Jahra Street & Airport Road, PO Box 3311, Safat, Noor Building, Shuwaikh, Kuwait, KWT, 13034

Website

https://www.noorinvestment.com

Noor Financial Investment Co is engaged in investment activities and financial services, mainly in Kuwait, the Middle East, Asia, and other emerging markets. It has a diverse portfolio of Direct Capital Market Investments, Real Estate, and Alternative Investments. The company manages a proprietary listed equity portfolio comprising local, GCC, and international equities. The Marketable Securities Unit continues to deploy funds in GCC and International equity markets, achieving good returns. The company operates in four segments, i.e., investment, Real Estate, IT services, and Hotel business. The majority of its revenue is generated from IT services.

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