Credit Ratingllection KSCC (KUW:TAHSSILAT) Days Sales Outstanding : 4,205.10 (As of Mar. 2024)

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What is Credit Ratingllection KSCC Days Sales Outstanding?

Credit Ratingllection KSCC's average Accounts Receivable for the three months ended in Mar. 2024 was KWD0.28 Mil. Credit Ratingllection KSCC's Revenue for the three months ended in Mar. 2024 was KWD0.01 Mil. Hence, Credit Ratingllection KSCC's Days Sales Outstanding for the three months ended in Mar. 2024 was 4,205.10.

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

KUW:TAHSSILAT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.1 Med: 282.53 Max: 2463.75
Current: 2216.55

During the past 13 years, Credit Ratingllection KSCC's highest Days Sales Outstanding was 2463.75. The lowest was 6.10. And the median was 282.53.

KUW:TAHSSILAT's Days Sales Outstanding is ranked worse than
96.45% of 564 companies
in the Capital Markets industry
Industry Median: 61.895 vs KUW:TAHSSILAT: 2216.55

Credit Ratingllection KSCC's Days Sales Outstanding increased from Mar. 2023 (2,304.06) to Mar. 2024 (4,205.10).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Credit Ratingllection KSCC Days Sales Outstanding Historical Data

The historical data trend for Credit Ratingllection KSCC'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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Credit Ratingllection KSCC Days Sales Outstanding Chart

Credit Ratingllection KSCC Annual Data

Trend

Dec11

Dec12

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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178.83

812.95

517.08

1,432.82

2,463.75

Credit Ratingllection KSCC 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															2,304.06	4,964.00	1,129.22	1,782.88	4,205.10

Competitive Comparison of Credit Ratingllection KSCC's Days Sales Outstanding

For the Capital Markets subindustry, Credit Ratingllection KSCC'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.

Credit Ratingllection KSCC's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Credit Ratingllection KSCC's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Credit Ratingllection KSCC's Days Sales Outstanding falls into.

Credit Ratingllection KSCC 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.

Credit Ratingllection KSCC'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
=	( (0.217	+	0.269)	/	2 )	/	0.036	*	365
=	0.243					/	0.036	*	365
=	2,463.75

Credit Ratingllection KSCC'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
=	( (0.269	+	0.284)	/	2 )	/	0.006	*	365 / 4
=	0.2765					/	0.006	*	365 / 4
=	4,205.10

Credit Ratingllection KSCC (KUW:TAHSSILAT) Days Sales Outstanding Explanation

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

Credit Ratingllection KSCC Days Sales Outstanding Related Terms

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Credit Ratingllection KSCC (KUW:TAHSSILAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Credit Rating & Collection KSCC (KUW:TAHSSILAT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ahmad Al-Jaber Street, 1st Floor, P.O. Box 1432, Al-Awadi Towers, Tower Number 3, Al-Sharq, Safat, Kuwait, KWT, 13015

Website

https://www.crckt.com

Credit Rating & Collection KSCC is a Kuwait-based company engaged in collecting and purchasing commercial and other debts on behalf of corporate and private clients, Developing, utilizing, and providing tools for collection and purchasing debts of clients and third parties, and Providing Risk Management Services through its Credit Rating Service among other services. Its operating segment includes Investment and Credit rating collection. The company generates maximum revenue from its Investment segment.

Credit Ratingllection KSCC (KUW:TAHSSILAT) Headlines

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