Munshaat Real Estate Projects Co KSCC (KUW:MUNSHAAT) Days Inventory : 22.31 (As of Mar. 2024)

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What is Munshaat Real Estate Projects Co KSCC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Munshaat Real Estate Projects Co KSCC's Average Total Inventories for the three months ended in Mar. 2024 was KWD0.74 Mil. Munshaat Real Estate Projects Co KSCC's Cost of Goods Sold for the three months ended in Mar. 2024 was KWD3.04 Mil. Hence, Munshaat Real Estate Projects Co KSCC's Days Inventory for the three months ended in Mar. 2024 was 22.31.

The historical rank and industry rank for Munshaat Real Estate Projects Co KSCC's Days Inventory or its related term are showing as below:

KUW:MUNSHAAT' s Days Inventory Range Over the Past 10 Years
Min: 27.66 Med: 55.69 Max: 147.02
Current: 27.66

During the past 13 years, Munshaat Real Estate Projects Co KSCC's highest Days Inventory was 147.02. The lowest was 27.66. And the median was 55.69.

KUW:MUNSHAAT's Days Inventory is ranked better than
87.51% of 1329 companies
in the Real Estate industry
Industry Median: 699.45 vs KUW:MUNSHAAT: 27.66

Munshaat Real Estate Projects Co KSCC's Days Inventory declined from Mar. 2023 (31.96) to Mar. 2024 (22.31).

Inventory Turnover measures how fast the company turns over its inventory within a year. Munshaat Real Estate Projects Co KSCC's Inventory Turnover for the three months ended in Mar. 2024 was 4.09.

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. Munshaat Real Estate Projects Co KSCC's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.15.

Munshaat Real Estate Projects Co KSCC Days Inventory Historical Data

The historical data trend for Munshaat Real Estate Projects Co KSCC'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.

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Munshaat Real Estate Projects Co KSCC Days Inventory Chart

Munshaat Real Estate Projects Co KSCC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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61.36

147.02

71.61

41.28

31.07

Munshaat Real Estate Projects Co KSCC 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															31.96	28.85	33.79	30.05	22.31

Competitive Comparison of Munshaat Real Estate Projects Co KSCC's Days Inventory

For the Real Estate Services subindustry, Munshaat Real Estate Projects Co KSCC'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.

Munshaat Real Estate Projects Co KSCC's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Munshaat Real Estate Projects Co KSCC's Days Inventory distribution charts can be found below:

* The bar in red indicates where Munshaat Real Estate Projects Co KSCC's Days Inventory falls into.

Munshaat Real Estate Projects Co KSCC Days Inventory Calculation

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

Munshaat Real Estate Projects Co KSCC'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
=	( (1.003	+	0.936)	/	2 )	/	11.391	*	365
=	0.9695					/	11.391	*	365
=	31.07

Munshaat Real Estate Projects Co KSCC'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
=	( (0.936	+	0.548)	/	2 )	/	3.035	*	365 / 4
=	0.742					/	3.035	*	365 / 4
=	22.31

Munshaat Real Estate Projects Co KSCC (KUW:MUNSHAAT) 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.

Munshaat Real Estate Projects Co KSCC's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.035	/	0.742
	=	4.09

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.

Munshaat Real Estate Projects Co KSCC's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.742	/	4.896
	=	0.15

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.

Munshaat Real Estate Projects Co KSCC Days Inventory Related Terms

Thank you for viewing the detailed overview of Munshaat Real Estate Projects Co KSCC's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Munshaat Real Estate Projects Co KSCC (KUW:MUNSHAAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Munshaat Real Estate Projects Co KSCC (KUW:MUNSHAAT) » Definitions » Days Inventory

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Traded in Other Exchanges

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Address

Al-Shuhada Street, Al-Arraya Tower 2, Floor 43, Sharq, Kuwait City, KWT

Website

http://www.munshaat.com

Munshaat Real Estate Projects Co KSCC is a real estate company. The company's operations predominantly consist of owning, selling and purchasing real estates and lands as well as developing them inside and outside Kuwait, and also managing the properties of others. The company is organized into two business segments - Real Estate segment comprises purchase, sale, development, renting, hotel operations and managing of properties; and Investment segment is involved in managing a portfolio of investments. Its primary geographic markets are Kuwait and Gulf Cooperation Council countries.

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