GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Salhia Real Estate Co KSCP (KUW:SRE) » Definitions » Days Inventory

Salhia Real Estate Co KSCP (KUW:SRE) Days Inventory : 6.68 (As of Mar. 2024)


View and export this data going back to 1984. Start your Free Trial

What is Salhia Real Estate Co KSCP Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Salhia Real Estate Co KSCP's Average Total Inventories for the three months ended in Mar. 2024 was KWD0.20 Mil. Salhia Real Estate Co KSCP's Cost of Goods Sold for the three months ended in Mar. 2024 was KWD2.75 Mil. Hence, Salhia Real Estate Co KSCP's Days Inventory for the three months ended in Mar. 2024 was 6.68.

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

KUW:SRE' s Days Inventory Range Over the Past 10 Years
Min: 5.06   Med: 7.11   Max: 19.04
Current: 8.28

During the past 13 years, Salhia Real Estate Co KSCP's highest Days Inventory was 19.04. The lowest was 5.06. And the median was 7.11.

KUW:SRE's Days Inventory is ranked better than
91.42% of 1329 companies
in the Real Estate industry
Industry Median: 699.45 vs KUW:SRE: 8.28

Salhia Real Estate Co KSCP's Days Inventory increased from Mar. 2023 (6.60) to Mar. 2024 (6.68). It might indicate that Salhia Real Estate Co KSCP's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Salhia Real Estate Co KSCP's Inventory Turnover for the three months ended in Mar. 2024 was 13.66.

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. Salhia Real Estate Co KSCP's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.02.


Salhia Real Estate Co KSCP Days Inventory Historical Data

The historical data trend for Salhia Real Estate 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.

Salhia Real Estate Co KSCP Days Inventory Chart

Salhia Real Estate Co KSCP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.32 10.14 19.04 10.55 7.88

Salhia Real Estate 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 6.60 7.51 10.35 9.61 6.68

Competitive Comparison of Salhia Real Estate Co KSCP's Days Inventory

For the Real Estate Services subindustry, Salhia Real Estate 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.


Salhia Real Estate Co KSCP's Days Inventory Distribution in the Real Estate Industry

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

* The bar in red indicates where Salhia Real Estate Co KSCP's Days Inventory falls into.



Salhia Real Estate Co KSCP Days Inventory Calculation

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

Salhia Real Estate 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
=( (0.201 + 0.202) / 2 ) / 9.331*365
=0.2015 / 9.331*365
=7.88

Salhia Real Estate 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
=( (0.202 + 0.2) / 2 ) / 2.746*365 / 4
=0.201 / 2.746*365 / 4
=6.68

* 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.


Salhia Real Estate Co KSCP  (KUW:SRE) 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.

Salhia Real Estate 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.

Salhia Real Estate 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.


Salhia Real Estate Co KSCP Days Inventory Related Terms

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


Salhia Real Estate Co KSCP (KUW:SRE) Business Description

Traded in Other Exchanges
N/A
Address
Mohammed Thunayan Al-Ghanim Street, P.O. Box 23413, Salhia Complex, Safat, Kuwait City, KWT, 13095
Salhia Real Estate Co KSC is engaged in real estate leasing and development of commercial properties and hotel operations in Kuwait and the United Kingdom. The company operates its business through three segments: Real Estate Operations, Hotel Operations, and Care Home Operations. Real Estate Operations being the highest revenue generator is engaged in the development and leasing of properties. Hotel Operations consist of the hotel hospitality services provided through JW Marriott Hotel - Kuwait; Courtyard Marriott Hotel-Kuwait; and Arraya Ballroom - Kuwait. Care Home Operations consist of care home activities provided by subsidiary companies. Its primary geographic markets are Kuwait & GCC and Europe.