GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » First Investment Company (K.S.C.C.) (KUW:ALOLA) » Definitions » Days Inventory
中文

First Investment Company (K.S.C.C.) (KUW:ALOLA) Days Inventory : 213.10 (As of Dec. 2023)


View and export this data going back to 2001. Start your Free Trial

What is First Investment Company (K.S.C.C.) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). First Investment Company (K.S.C.C.)'s Average Total Inventories for the three months ended in Dec. 2023 was KWD0.39 Mil. First Investment Company (K.S.C.C.)'s Cost of Goods Sold for the three months ended in Dec. 2023 was KWD0.17 Mil. Hence, First Investment Company (K.S.C.C.)'s Days Inventory for the three months ended in Dec. 2023 was 213.10.

The historical rank and industry rank for First Investment Company (K.S.C.C.)'s Days Inventory or its related term are showing as below:

KUW:ALOLA' s Days Inventory Range Over the Past 10 Years
Min: 103.75   Med: 202.2   Max: 470.46
Current: 284.62

During the past 13 years, First Investment Company (K.S.C.C.)'s highest Days Inventory was 470.46. The lowest was 103.75. And the median was 202.20.

KUW:ALOLA's Days Inventory is ranked worse than
75.15% of 165 companies
in the Asset Management industry
Industry Median: 75.96 vs KUW:ALOLA: 284.62

First Investment Company (K.S.C.C.)'s Days Inventory increased from Dec. 2022 (155.07) to Dec. 2023 (213.10). It might indicate that First Investment Company (K.S.C.C.)'s sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. First Investment Company (K.S.C.C.)'s Inventory Turnover for the three months ended in Dec. 2023 was 0.43.

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. First Investment Company (K.S.C.C.)'s Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.77.


First Investment Company (K.S.C.C.) Days Inventory Historical Data

The historical data trend for First Investment Company (K.S.C.C.)'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.

First Investment Company (K.S.C.C.) Days Inventory Chart

First Investment Company (K.S.C.C.) 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 466.00 202.20 213.47 198.86 261.61

First Investment Company (K.S.C.C.) Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 155.07 274.20 337.98 393.45 213.10

Competitive Comparison of First Investment Company (K.S.C.C.)'s Days Inventory

For the Asset Management subindustry, First Investment Company (K.S.C.C.)'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.


First Investment Company (K.S.C.C.)'s Days Inventory Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Investment Company (K.S.C.C.)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where First Investment Company (K.S.C.C.)'s Days Inventory falls into.



First Investment Company (K.S.C.C.) Days Inventory Calculation

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

First Investment Company (K.S.C.C.)'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
=( (0.27 + 0.398) / 2 ) / 0.466*365
=0.334 / 0.466*365
=261.61

First Investment Company (K.S.C.C.)'s Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.382 + 0.398) / 2 ) / 0.167*365 / 4
=0.39 / 0.167*365 / 4
=213.10

* 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.


First Investment Company (K.S.C.C.)  (KUW:ALOLA) 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.

First Investment Company (K.S.C.C.)'s Inventory Turnover for the three months ended in Dec. 2023 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.

First Investment Company (K.S.C.C.)'s Inventory to Revenue for the three months ended in Dec. 2023 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.


First Investment Company (K.S.C.C.) Days Inventory Related Terms

Thank you for viewing the detailed overview of First Investment Company (K.S.C.C.)'s Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


First Investment Company (K.S.C.C.) (KUW:ALOLA) Business Description

Traded in Other Exchanges
N/A
Address
Al Hamra Tower, AI Shahada Street, Floor 68, Sharq Area, Kuwait City, KWT, 13063
First Investment Company (K.S.C.C.) is a provider of investment and financial services in Kuwait. The company's activities include financial brokerage activities, securities trading transitions including buying and selling stocks and bonds of governmental and non-governmental agencies and companies. It invests in Agriculture, Oil & Oil Products, Manufacturing, Utilities, Construction, Services Sectors, Trade, Hotels, Transport, Finance, Real Estate, and Social and Personal services sector. The company operates in Kuwait, Kingdom of Saudi Arabia, and Others geographical areas with the majority of the revenue deriving from Kuwait.

First Investment Company (K.S.C.C.) (KUW:ALOLA) Headlines

No Headlines