IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Change In Inventory : KWD-0.46 Mil (TTM As of Mar. 2024)

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

What is IFA Hotels & Resorts Co KSCC Change In Inventory?

IFA Hotels & Resorts Co KSCC's change in inventory for the quarter that ended in Mar. 2024 was KWD0.24 Mil. It means IFA Hotels & Resorts Co KSCC's inventory declined by KWD0.24 Mil from Dec. 2023 to Mar. 2024 .

IFA Hotels & Resorts Co KSCC's change in inventory for the fiscal year that ended in Dec. 2023 was KWD-0.76 Mil. It means IFA Hotels & Resorts Co KSCC's inventory increased by KWD0.76 Mil from Dec. 2022 to Dec. 2023 .

IFA Hotels & Resorts Co KSCC's Total Inventories for the quarter that ended in Mar. 2024 was KWD7.43 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. IFA Hotels & Resorts Co KSCC's Days Inventory for the quarter that ended in Mar. 2024 was 160.52.

Inventory Turnover measures how fast the company turns over its inventory within a year. IFA Hotels & Resorts Co KSCC's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.57.

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. IFA Hotels & Resorts Co KSCC's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.73.

IFA Hotels & Resorts Co KSCC Change In Inventory Historical Data

The historical data trend for IFA Hotels & Resorts Co KSCC'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.

IFA Hotels & Resorts Co KSCC Change In Inventory Chart

IFA Hotels & Resorts Co KSCC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

28.53

4.70

14.00

9.48

-0.76

IFA Hotels & Resorts Co KSCC 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															-0.06	-0.10	-0.36	-0.24	0.24

IFA Hotels & Resorts Co KSCC 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-0.46 Mil.

IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Change In Inventory Explanation

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

IFA Hotels & Resorts Co KSCC's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	7.654	/	4.351	*	365 / 4
	=	160.52

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

IFA Hotels & Resorts Co KSCC's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4.351	/	7.654
	=	0.57

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.

IFA Hotels & Resorts Co KSCC's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7.654	/	10.414
	=	0.73

IFA Hotels & Resorts Co KSCC Change In Inventory Related Terms

Thank you for viewing the detailed overview of IFA Hotels & Resorts Co KSCC's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » IFA Hotels & Resorts Co KSCC (KUW:IFAHR) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Souk Al-Kuwait Building, Block A, P.O. Box 4694, 8th Floor, Al Abdul Razzak Square, Safat, Kuwait City, KWT, 13047

Website

https://www.ifahotelsresorts.com

IFA Hotels & Resorts Co KSCC is engaged in the development and operations of mixed-use hotel and tourism resort projects and luxury leisure services. In addition, it invests in the land; and engages in property development activities. The company operates in four reportable segments namely property development, hoteliering, investments, and others. The majority of the revenue is generated from the property development segment. Its geographical segments include Kuwait, United Arab Emirates & Asia, Africa, and others, of which majority revenue comes from the United Arab Emirates & Asia.

IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Headlines

No Headlines