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Kuwait Emirates Holding Co KSCP (KUW:EMIRATES) Days Inventory : 32,775.34 (As of Mar. 2024)


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What is Kuwait Emirates Holding Co KSCP Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kuwait Emirates Holding Co KSCP's Average Total Inventories for the three months ended in Mar. 2024 was KWD3.95 Mil. Kuwait Emirates Holding Co KSCP's Cost of Goods Sold for the three months ended in Mar. 2024 was KWD0.01 Mil. Hence, Kuwait Emirates Holding Co KSCP's Days Inventory for the three months ended in Mar. 2024 was 32,775.34.

The historical rank and industry rank for Kuwait Emirates Holding Co KSCP's Days Inventory or its related term are showing as below:

KUW:EMIRATES' s Days Inventory Range Over the Past 10 Years
Min: 4841.17   Med: 12739.39   Max: 30683.3
Current: 30683.3

During the past 13 years, Kuwait Emirates Holding Co KSCP's highest Days Inventory was 30683.30. The lowest was 4841.17. And the median was 12739.39.

KUW:EMIRATES's Days Inventory is ranked worse than
98.82% of 170 companies
in the Asset Management industry
Industry Median: 77.38 vs KUW:EMIRATES: 30683.30

Kuwait Emirates Holding Co KSCP's Days Inventory increased from Mar. 2023 (30,044.06) to Mar. 2024 (32,775.34). It might indicate that Kuwait Emirates Holding Co KSCP's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kuwait Emirates Holding Co KSCP's Inventory Turnover for the three months ended in Mar. 2024 was 0.00.

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. Kuwait Emirates Holding Co KSCP's Inventory-to-Revenue for the three months ended in Mar. 2024 was 58.97.


Kuwait Emirates Holding Co KSCP Days Inventory Historical Data

The historical data trend for Kuwait Emirates Holding Co KSCP's Days 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.

Kuwait Emirates Holding Co KSCP Days Inventory Chart

Kuwait Emirates Holding Co KSCP Annual Data
Trend Dec12 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,582.01 13,440.30 20,143.44 27,732.98 28,842.30

Kuwait Emirates Holding Co KSCP Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30,044.06 30,044.06 30,044.06 30,044.06 32,775.34

Competitive Comparison of Kuwait Emirates Holding Co KSCP's Days Inventory

For the Asset Management subindustry, Kuwait Emirates Holding Co KSCP's Days Inventory, along with its competitors' market caps and Days Inventory 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.


Kuwait Emirates Holding Co KSCP's Days Inventory Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Kuwait Emirates Holding Co KSCP's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kuwait Emirates Holding Co KSCP's Days Inventory falls into.



Kuwait Emirates Holding Co KSCP Days Inventory Calculation

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

Kuwait Emirates Holding Co KSCP's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (3.951 + 3.951) / 2 ) / 0.05*365
=3.951 / 0.05*365
=28,842.30

Kuwait Emirates Holding Co KSCP's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (3.951 + 3.951) / 2 ) / 0.011*365 / 4
=3.951 / 0.011*365 / 4
=32,775.34

* 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.


Kuwait Emirates Holding Co KSCP  (KUW:EMIRATES) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Kuwait Emirates Holding Co KSCP's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

2. 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.

Kuwait Emirates Holding Co KSCP's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

* 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Kuwait Emirates Holding Co KSCP Days Inventory Related Terms

Thank you for viewing the detailed overview of Kuwait Emirates Holding Co KSCP's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Kuwait Emirates Holding Co KSCP (KUW:EMIRATES) Business Description

Traded in Other Exchanges
N/A
Address
Jaber Mubarak Street, Al khalijiya Tower, Third Floor, P.O.Box 29838, Safat, KWT, 13159
Kuwait Emirates Holding Co KSCP is a Kuwait-based shareholding company. Its activities include acquiring shares of Kuwaiti or foreign shareholding companies, lending to companies of which it owns part of their shares, obtaining industrial equity rights, purchase of properties, and the utilization of available financial surplus by investment. The company's main objective is to identify investment opportunities in Syria. It explores high-quality economic projects in the real estate, banking, insurance, hospitality, and transportation sectors.

Kuwait Emirates Holding Co KSCP (KUW:EMIRATES) Headlines

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