Gulf Bank KSC (KUW:GBK) Change In Inventory : KWD0.0 Mil (TTM As of Mar. 2024)

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What is Gulf Bank KSC Change In Inventory?

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

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

Gulf Bank KSC'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. Gulf Bank KSC's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Gulf Bank KSC Change In Inventory Historical Data

The historical data trend for Gulf Bank KSC'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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Gulf Bank KSC Change In Inventory Chart

Gulf Bank KSC Annual Data

Trend

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Change In Inventory

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Gulf Bank KSC 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															-	-	-	-	-

Gulf Bank KSC 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.

Gulf Bank KSC (KUW:GBK) Change In Inventory Explanation

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

Gulf Bank KSC'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.

Gulf Bank KSC'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.

Gulf Bank KSC's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	48.28
	=	0.00

Gulf Bank KSC Change In Inventory Related Terms

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Gulf Bank KSC (KUW:GBK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Gulf Bank KSC (KUW:GBK) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

Mubarak Al Kabir Street, P. O. Box 3200, Safat, Kuwait, KWT, 13032

Website

https://www.e-gulfbank.com

Gulf Bank KSC is predominantly a Kuwait-based banking service company. The bank's business activities are mapped into two business lines which are Commercial Banking, Treasury & Investments. Commercial Banking engages in the acceptance of deposits from individuals, corporate and institutional customers, and providing consumer loans, overdrafts, credit card facilities, and funds transfer facilities to individuals; and other credit facilities to corporate and institutional customers. The Treasury & Investments segment provides money market, trading, and treasury services, as well as the management of the Bank's funding operations by use of Kuwait Government treasury bonds, government securities, placements, and acceptances with other banks.

Gulf Bank KSC (KUW:GBK) Headlines

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