Independent Petroleum Group KSCP (KUW:IPG) Other Operating Expense : KWD10 Mil (TTM As of Mar. 2024)

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What is Independent Petroleum Group KSCP Other Operating Expense?

Independent Petroleum Group KSCP's Other Operating Expense for the three months ended in Mar. 2024 was KWD4 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 was KWD10 Mil.

Independent Petroleum Group KSCP's quarterly Other Operating Expense increased from Sep. 2023 (KWD2 Mil) to Dec. 2023 (KWD2 Mil) and increased from Dec. 2023 (KWD2 Mil) to Mar. 2024 (KWD4 Mil).

Independent Petroleum Group KSCP's annual Other Operating Expense declined from Dec. 2021 (KWD14 Mil) to Dec. 2022 (KWD7 Mil) but then increased from Dec. 2022 (KWD7 Mil) to Dec. 2023 (KWD13 Mil).

Independent Petroleum Group KSCP Other Operating Expense Historical Data

The historical data trend for Independent Petroleum Group KSCP's Other Operating Expense 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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Independent Petroleum Group KSCP Other Operating Expense Chart

Independent Petroleum Group KSCP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Operating Expense

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12.21

20.94

13.93

6.73

12.89

Independent Petroleum Group KSCP Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Operating Expense	Get a 7-Day Free Trial															7.38	1.92	1.63	1.95	4.16

Independent Petroleum Group KSCP Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense 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 KWD10 Mil.

Independent Petroleum Group KSCP Other Operating Expense Related Terms

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Independent Petroleum Group KSCP (KUW:IPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Independent Petroleum Group KSCP (KUW:IPG) » Definitions » Other Operating Expense

Traded in Other Exchanges

N/A

Address

Block 1A, Street 7, 4th Ring Road, P.O. Box 24027, Building, No. 18, Jabriya, Safat, KWT, 13101

Website

https://ipg.com.kw

Independent Petroleum Group KSCP is engaged in the trading and marketing of crude oil, petroleum products. The trading of crude oil and petroleum products is also related to storage and distribution operations. LPG, petrochemicals, and fertilizers. In addition to this core activity, it has interests in terminalling, pipelines, and shipping. The company is involved in trading of the following petroleum products - Motor gasoline, Jet fuels, Crude oils, Gas, Asphalt, and Naphtha. The group operates in Africa, the Middle East, Europe, Asia and the Far East where Africa and the Middle East region generates maximum revenue.