Al Ahli Bank Of Kuwait (KUW:ABK) Change In Inventory : KWD0.0 Mil (TTM As of Mar. 2024)

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What is Al Ahli Bank Of Kuwait Change In Inventory?

Al Ahli Bank Of Kuwait's change in inventory for the quarter that ended in Mar. 2024 was KWD0.0 Mil. It means Al Ahli Bank Of Kuwait's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Al Ahli Bank Of Kuwait's change in inventory for the fiscal year that ended in Dec. 2023 was KWD0.0 Mil. It means Al Ahli Bank Of Kuwait's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Al Ahli Bank Of Kuwait's Total Inventories for the quarter that ended in Mar. 2024 was KWD0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Inventory Turnover measures how fast the company turns over its inventory within a year.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Al Ahli Bank Of Kuwait's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Al Ahli Bank Of Kuwait Change In Inventory Historical Data

The historical data trend for Al Ahli Bank Of Kuwait's Change In Inventory 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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Al Ahli Bank Of Kuwait Change In Inventory Chart

Al Ahli Bank Of Kuwait Annual Data

Trend

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Change In Inventory

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Al Ahli Bank Of Kuwait Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Al Ahli Bank Of Kuwait Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD0.0 Mil.

Al Ahli Bank Of Kuwait (KUW:ABK) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Al Ahli Bank Of Kuwait's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	0	*	365 / 4
	=	N/A

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Al Ahli Bank Of Kuwait's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=	N/A

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Al Ahli Bank Of Kuwait's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	50.844
	=	0.00

Al Ahli Bank Of Kuwait Change In Inventory Related Terms

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Al Ahli Bank Of Kuwait (KUW:ABK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Al Ahli Bank Of Kuwait (KUW:ABK) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

Al Safat Square, Ahmed Al Jaber Street, P.O. Box 1387, Safat, Kuwait City, KWT, 13014

Website

https://www.eahli.com

Al Ahli Bank Of Kuwait is a company engaged in the banking sector, primarily in Kuwait, United Arab Emirates, and Egypt. The group is organized into three business segments. The commercial Banking segment comprises a full range of credit, deposit, and related banking services provided to its corporate and institutional customers. Treasury and Investments segment comprises treasury services provided to customers and balance sheet management activities including money market, derivatives, propriety investment activities, assets management and the residual impact of inter-segment fund transfer pricing, and the Retail and private banking segment comprising products and services to customers which includes loans, credit cards, and wealth management.

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