Future Kid Entertainment and Real Estate Co (KUW:FUTUREKID) Change In Inventory : KWD0.06 Mil (TTM As of Mar. 2024)

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What is Future Kid Entertainment and Real Estate Co Change In Inventory?

Future Kid Entertainment and Real Estate Co's change in inventory for the quarter that ended in Mar. 2024 was KWD0.02 Mil. It means Future Kid Entertainment and Real Estate Co's inventory declined by KWD0.02 Mil from Dec. 2023 to Mar. 2024 .

Future Kid Entertainment and Real Estate Co's change in inventory for the fiscal year that ended in Dec. 2023 was KWD0.02 Mil. It means Future Kid Entertainment and Real Estate Co's inventory declined by KWD0.02 Mil from Dec. 2022 to Dec. 2023 .

Future Kid Entertainment and Real Estate Co's Total Inventories for the quarter that ended in Mar. 2024 was KWD0.47 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Future Kid Entertainment and Real Estate Co's Days Inventory for the quarter that ended in Mar. 2024 was 32.71.

Inventory Turnover measures how fast the company turns over its inventory within a year. Future Kid Entertainment and Real Estate Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.79.

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. Future Kid Entertainment and Real Estate Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.37.

Future Kid Entertainment and Real Estate Co Change In Inventory Historical Data

The historical data trend for Future Kid Entertainment and Real Estate Co'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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Future Kid Entertainment and Real Estate Co Change In Inventory Chart

Future Kid Entertainment and Real Estate Co Annual Data

Trend

Dec10

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.06

-0.02

-0.01

-0.11

0.02

Future Kid Entertainment and Real Estate Co 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															-0.01	0.09	-0.09	0.04	0.02

Future Kid Entertainment and Real Estate Co 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 KWD0.06 Mil.

Future Kid Entertainment and Real Estate Co (KUW:FUTUREKID) Change In Inventory Explanation

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

Future Kid Entertainment and Real Estate Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.481	/	1.342	*	365 / 4
	=	32.71

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

Future Kid Entertainment and Real Estate Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.342	/	0.481
	=	2.79

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.

Future Kid Entertainment and Real Estate Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.481	/	1.312
	=	0.37

Future Kid Entertainment and Real Estate Co Change In Inventory Related Terms

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Future Kid Entertainment and Real Estate Co (KUW:FUTUREKID) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Future Kid Entertainment and Real Estate Co (KUW:FUTUREKID) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Free Zone Area, Futur Ara, Block D20, P.O. Box 4277, Al-Safat, KWT, 13043

Website

https://www.futurekid.com.kw

Future Kid Entertainment and Real Estate Co operates and manages family entertainment centers in Kuwait. It provides recreational services for kids and families. It also operates entertainment complexes which include facilities like games & aqua parks. It also engages in the acquisition, development, and sale of real estate and lands. It derives revenue from customer charges and game cards used for games available in different branches.

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