Tamdeen Real Estate Co KSCC (KUW:TAM) Days Sales Outstanding : 64.87 (As of Mar. 2024)

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What is Tamdeen Real Estate Co KSCC Days Sales Outstanding?

Tamdeen Real Estate Co KSCC's average Accounts Receivable for the three months ended in Mar. 2024 was KWD4.47 Mil. Tamdeen Real Estate Co KSCC's Revenue for the three months ended in Mar. 2024 was KWD6.29 Mil. Hence, Tamdeen Real Estate Co KSCC's Days Sales Outstanding for the three months ended in Mar. 2024 was 64.87.

The historical rank and industry rank for Tamdeen Real Estate Co KSCC's Days Sales Outstanding or its related term are showing as below:

KUW:TAM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 53.64 Med: 154.74 Max: 293.95
Current: 66.12

During the past 13 years, Tamdeen Real Estate Co KSCC's highest Days Sales Outstanding was 293.95. The lowest was 53.64. And the median was 154.74.

KUW:TAM's Days Sales Outstanding is ranked worse than
65.14% of 1661 companies
in the Real Estate industry
Industry Median: 36.42 vs KUW:TAM: 66.12

Tamdeen Real Estate Co KSCC's Days Sales Outstanding declined from Mar. 2023 (79.44) to Mar. 2024 (64.87).

Tamdeen Real Estate Co KSCC Days Sales Outstanding Historical Data

The historical data trend for Tamdeen Real Estate Co 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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Tamdeen Real Estate Co KSCC Days Sales Outstanding Chart

Tamdeen Real Estate Co KSCC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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93.93

108.41

53.64

84.30

96.94

Tamdeen Real Estate Co 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															79.44	68.53	63.17	73.54	64.87

Competitive Comparison of Tamdeen Real Estate Co KSCC's Days Sales Outstanding

For the Real Estate - Diversified subindustry, Tamdeen Real Estate Co 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.

Tamdeen Real Estate Co KSCC's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tamdeen Real Estate Co KSCC's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tamdeen Real Estate Co KSCC's Days Sales Outstanding falls into.

Tamdeen Real Estate Co 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.

Tamdeen Real Estate Co 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
=	( (7.245	+	5.482)	/	2 )	/	23.96	*	365
=	6.3635					/	23.96	*	365
=	96.94

Tamdeen Real Estate Co 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
=	( (5.482	+	3.464)	/	2 )	/	6.292	*	365 / 4
=	4.473					/	6.292	*	365 / 4
=	64.87

Tamdeen Real Estate Co KSCC (KUW:TAM) Days Sales Outstanding Explanation

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

Tamdeen Real Estate Co KSCC Days Sales Outstanding Related Terms

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Tamdeen Real Estate Co KSCC (KUW:TAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tamdeen Real Estate Co KSCC (KUW:TAM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

Mall - Sixth Ring Road, South Surra, 360 Complex, P.O. Box 21816, 4th Floor, Block 7, Al-Zahraa District, Safat, Kuwait, KWT, 13079

Website

https://www.tamdeenre.com

Tamdeen Real Estate Co KSCC operates as a real estate investment and development company. The business activity of the company includes the development of real estate projects and construction contracts of buildings, managing the properties of others. In addition, the group is also involved in providing consultation services on asset utilization for individual clients, as well as consultation and advisory services on merger and acquisition, and business succession for corporate clients; investment and portfolio management services; and research and analysis services. The company operates in two reportable segments that are the real estate and investment. It generates maximum revenue from Investment segment.

Tamdeen Real Estate Co KSCC (KUW:TAM) Headlines

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