Kuwait Portland Cement Co (KUW:PCEM) Days Sales Outstanding : 67.81 (As of Mar. 2024)

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What is Kuwait Portland Cement Co Days Sales Outstanding?

Kuwait Portland Cement Co's average Accounts Receivable for the three months ended in Mar. 2024 was KWD24.8 Mil. Kuwait Portland Cement Co's Revenue for the three months ended in Mar. 2024 was KWD33.3 Mil. Hence, Kuwait Portland Cement Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 67.81.

The historical rank and industry rank for Kuwait Portland Cement Co's Days Sales Outstanding or its related term are showing as below:

KUW:PCEM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 66.67 Med: 106.61 Max: 191.04
Current: 69.07

During the past 13 years, Kuwait Portland Cement Co's highest Days Sales Outstanding was 191.04. The lowest was 66.67. And the median was 106.61.

KUW:PCEM's Days Sales Outstanding is ranked worse than
61.56% of 385 companies
in the Building Materials industry
Industry Median: 55.6 vs KUW:PCEM: 69.07

Kuwait Portland Cement Co's Days Sales Outstanding increased from Mar. 2023 (63.93) to Mar. 2024 (67.81).

Kuwait Portland Cement Co Days Sales Outstanding Historical Data

The historical data trend for Kuwait Portland Cement 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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Kuwait Portland Cement Co Days Sales Outstanding Chart

Kuwait Portland Cement Co Annual Data

Trend

Dec09

Dec10

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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113.29

191.04

80.24

66.67

68.64

Kuwait Portland Cement Co 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															63.93	83.02	75.64	57.75	67.81

Competitive Comparison of Kuwait Portland Cement Co's Days Sales Outstanding

For the Building Materials subindustry, Kuwait Portland Cement 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.

Kuwait Portland Cement Co's Days Sales Outstanding Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Kuwait Portland Cement Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Kuwait Portland Cement Co's Days Sales Outstanding falls into.

Kuwait Portland Cement 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.

Kuwait Portland Cement Co'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
=	( (28.302	+	26.529)	/	2 )	/	145.789	*	365
=	27.4155					/	145.789	*	365
=	68.64

Kuwait Portland Cement Co'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
=	( (26.529	+	23.013)	/	2 )	/	33.332	*	365 / 4
=	24.771					/	33.332	*	365 / 4
=	67.81

Kuwait Portland Cement Co (KUW:PCEM) Days Sales Outstanding Explanation

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

Kuwait Portland Cement Co Days Sales Outstanding Related Terms

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Kuwait Portland Cement Co (KUW:PCEM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Kuwait Portland Cement Co (KUW:PCEM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Canada Dry Street, Al Showaikh, In front of Kotmac furniture showroom, Section number (101 c), Kuwait City, KWT, 70652

Website

https://www.portlandkw.co

Kuwait Portland Cement Co is a Kuwait-based company. The products of the company include cement and ready-mix concrete. The company is engaged in trading by import and export of different kinds of bulk cement and packaging it. It also works in establishing, operating, managing, renting to other parties and renting warehouses and silos for the supply and distribution of cement of different kinds, and appropriating the necessary transportation.

Kuwait Portland Cement Co (KUW:PCEM) Headlines

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