Combined Group Contracting K C (KUW:CGC) Change In Inventory : KWD-0.6 Mil (TTM As of Mar. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Combined Group Contracting K C Change In Inventory?

Combined Group Contracting K C's change in inventory for the quarter that ended in Mar. 2024 was KWD0.4 Mil. It means Combined Group Contracting K C's inventory declined by KWD0.4 Mil from Dec. 2023 to Mar. 2024 .

Combined Group Contracting K C's change in inventory for the fiscal year that ended in Dec. 2023 was KWD-0.7 Mil. It means Combined Group Contracting K C's inventory increased by KWD0.7 Mil from Dec. 2022 to Dec. 2023 .

Combined Group Contracting K C's Total Inventories for the quarter that ended in Mar. 2024 was KWD19.3 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Combined Group Contracting K C's Days Inventory for the quarter that ended in Mar. 2024 was 49.83.

Inventory Turnover measures how fast the company turns over its inventory within a year. Combined Group Contracting K C's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.83.

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. Combined Group Contracting K C's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.47.

Combined Group Contracting K C Change In Inventory Historical Data

The historical data trend for Combined Group Contracting K C'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.

* Premium members only.

Combined Group Contracting K C Change In Inventory Chart

Combined Group Contracting K C Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-1.21

10.98

2.69

-6.80

-0.69

Combined Group Contracting K C 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															0.38	1.79	-1.80	-1.06	0.42

Combined Group Contracting K C 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 KWD-0.6 Mil.

Combined Group Contracting K C (KUW:CGC) Change In Inventory Explanation

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

Combined Group Contracting K C's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	19.549	/	35.802	*	365 / 4
	=	49.83

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

Combined Group Contracting K C's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	35.802	/	19.549
	=	1.83

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.

Combined Group Contracting K C's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	19.549	/	41.633
	=	0.47

Combined Group Contracting K C Change In Inventory Related Terms

Thank you for viewing the detailed overview of Combined Group Contracting K C's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Combined Group Contracting K C (KUW:CGC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Combined Group Contracting SA K C (KUW:CGC) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Ardiya Industrial, P.O. Box : 4819, Block No. 2, Plot No. 284, Kuwait City, KWT, 13049

Website

https://www.cgc-kw.com

Combined Group Contracting SA K C is a Kuwait-based company engaged in the construction industry. It undertakes general contracting, mechanical works, engineering works; packaging cement, sand, and related materials; Asphalt production, constructions works of building, ways, bridges and managing, controlling them and their related works and many other activities. The group has the operations in State of Kuwait and Gulf Countries of which it earns the majority of revenue share from Kuwait region.