Al Soor Fuel Marketing Co KSC (KUW:SOOR) Days Sales Outstanding : 4.55 (As of Jun. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Al Soor Fuel Marketing Co KSC Days Sales Outstanding?

Al Soor Fuel Marketing Co KSC's average Accounts Receivable for the three months ended in Jun. 2024 was KWD1.9 Mil. Al Soor Fuel Marketing Co KSC's Revenue for the three months ended in Jun. 2024 was KWD38.2 Mil. Hence, Al Soor Fuel Marketing Co KSC's Days Sales Outstanding for the three months ended in Jun. 2024 was 4.55.

The historical rank and industry rank for Al Soor Fuel Marketing Co KSC's Days Sales Outstanding or its related term are showing as below:

KUW:SOOR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.78 Med: 7.5 Max: 15.69
Current: 4.08

During the past 13 years, Al Soor Fuel Marketing Co KSC's highest Days Sales Outstanding was 15.69. The lowest was 1.78. And the median was 7.50.

KUW:SOOR's Days Sales Outstanding is ranked better than
97.64% of 931 companies
in the Oil & Gas industry
Industry Median: 48.3 vs KUW:SOOR: 4.08

Al Soor Fuel Marketing Co KSC's Days Sales Outstanding increased from Jun. 2023 (3.98) to Jun. 2024 (4.55).

Al Soor Fuel Marketing Co KSC Days Sales Outstanding Historical Data

The historical data trend for Al Soor Fuel Marketing 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.

* Premium members only.

Al Soor Fuel Marketing Co KSC Days Sales Outstanding Chart

Al Soor Fuel Marketing Co KSC Annual Data

Trend

Dec13

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

6.12

6.49

3.88

2.34

1.78

Al Soor Fuel Marketing Co KSC 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															3.98	4.70	3.36	3.05	4.55

Competitive Comparison of Al Soor Fuel Marketing Co KSC's Days Sales Outstanding

For the Oil & Gas Refining & Marketing subindustry, Al Soor Fuel Marketing 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.

Al Soor Fuel Marketing Co KSC's Days Sales Outstanding Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Al Soor Fuel Marketing Co KSC's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Al Soor Fuel Marketing Co KSC's Days Sales Outstanding falls into.

Al Soor Fuel Marketing 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.

Al Soor Fuel Marketing 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
=	( (0.731	+	0.805)	/	2 )	/	157.74	*	365
=	0.768					/	157.74	*	365
=	1.78

Al Soor Fuel Marketing Co KSC'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
=	( (1.634	+	2.173)	/	2 )	/	38.203	*	365 / 4
=	1.9035					/	38.203	*	365 / 4
=	4.55

Al Soor Fuel Marketing Co KSC (KUW:SOOR) Days Sales Outstanding Explanation

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

Al Soor Fuel Marketing Co KSC Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Al Soor Fuel Marketing Co KSC's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Al Soor Fuel Marketing Co KSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Al Soor Fuel Marketing Co KSC (KUW:SOOR) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

AlMirqab - Block 3 - Omar bin Al-Khattab Street, P.O. Box 28396, KBT Tower, 14th Floor, Kuwait, KWT, 13144

Website

http://www.soor.com.kw

Al Soor Fuel Marketing Co KSC is engaged in the acquisition, construction, leasing, operation, and maintenance of petrol filling stations. It also constructs, develops, operates, and maintains customer services center at petrol stations. The customer services centers operated by the company provide all services related to cars and vehicles such as oil changes, car wash, maintenance services, repair and technical testing of vehicles, and supermarket services. Its operating segments are Fuel marketing and other related services and Investment operations. The majority of its revenue derives from Fuel marketing and other associated services.

Al Soor Fuel Marketing Co KSC Headlines

No Headlines