Al-Deera Holding Co KSCC (KUW:ALDEERA) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Al-Deera Holding Co KSCC Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Al-Deera Holding Co KSCC's Cost of Goods Sold for the three months ended in Mar. 2024 was KWD0.04 Mil. Al-Deera Holding Co KSCC's Average Total Inventories for the quarter that ended in Mar. 2024 was KWD0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Al-Deera Holding Co KSCC's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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. Al-Deera Holding Co KSCC's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Al-Deera Holding Co KSCC Inventory Turnover Historical Data

The historical data trend for Al-Deera Holding Co KSCC's Inventory Turnover 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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Al-Deera Holding Co KSCC Inventory Turnover Chart

Al-Deera Holding Co KSCC Annual Data

Trend

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Dec23

Inventory Turnover

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Al-Deera Holding Co KSCC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Al-Deera Holding Co KSCC Inventory Turnover Calculation

Al-Deera Holding Co KSCC's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	0.158	/ (	(0	+	0)	/	1 )
=	0.158	/	0
=	N/A

Al-Deera Holding Co KSCC's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	0.042	/ (	(0	+	0)	/	1 )
=	0.042	/	0
=	N/A

Al-Deera Holding Co KSCC (KUW:ALDEERA) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Al-Deera Holding Co KSCC's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	0	/	0.042	*	365 / 4
	=	0.00

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.

Al-Deera Holding Co KSCC's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	0	/	0.199
	=	0.00

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Al-Deera Holding Co KSCC Inventory Turnover Related Terms

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Al-Deera Holding Co KSCC (KUW:ALDEERA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Al-Deera Holding Co KSCC (KUW:ALDEERA) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

Salhia Complex - Gate 8 - Floor 5, P.O. Box: 4839, Safat, Kuwait City, KWT, 13049

Website

http://www.aldeeraholding.com

Al-Deera Holding Co KSCC is an investment holding company. The company along with its subsidiaries operates under business segments that are Telecommunications and Investment.

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