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Umm Al Qaiwain General Investments Co (KUW:QIC) Total Inventories : KWD0.00 Mil (As of Mar. 2024)


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What is Umm Al Qaiwain General Investments Co Total Inventories?

Umm Al Qaiwain General Investments Co's total inventories for the quarter that ended in Mar. 2024 was KWD0.00 Mil. Umm Al Qaiwain General Investments Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was KWD0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Umm Al Qaiwain General Investments Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was KWD0.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Umm Al Qaiwain General Investments Co's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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. Umm Al Qaiwain General Investments Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.


Umm Al Qaiwain General Investments Co Total Inventories Historical Data

The historical data trend for Umm Al Qaiwain General Investments Co's Total Inventories 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.

Umm Al Qaiwain General Investments Co Total Inventories Chart

Umm Al Qaiwain General Investments Co Annual Data
Trend Dec11 Dec12 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
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Umm Al Qaiwain General Investments Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Umm Al Qaiwain General Investments Co Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Umm Al Qaiwain General Investments Co  (KUW:QIC) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Umm Al Qaiwain General Investments Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(23.796+0.75 * 1.225+0.5 * 0-9.404
-0-0)/363
=0.04

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

Umm Al Qaiwain General Investments Co'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
=0/0.053*365 / 4
=0.00

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

Umm Al Qaiwain General Investments Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=0.053 / 0
=N/A

4. 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.

Umm Al Qaiwain General Investments Co'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 / 1.485
=0.00

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


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Umm Al Qaiwain General Investments Co (KUW:QIC) Business Description

Traded in Other Exchanges
Address
Al Ittihad Street, Fahad Al Salem Street, P.O.Box: 816, Building a Big Market Tower Floor 9, Al Raafah Kuwait: Al Dar Audit - Abdullah Muzaini, Umm Al-Qaiwain, ARE
Umm Al Qaiwain General Investments Co is engaged in real estate enterprise investment, development, and institution and management, funds and stock investments. The commercial activities of the company include investment in lands, buildings, education, health sector, general investments, among others. The two geographical segments in which the company operates comprise of the United Arab Emirates and the Gulf Cooperation Council.

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