First Investment Company (K.S.C.C.) (KUW:ALOLA) Inventory Turnover : 0.24 (As of Mar. 2025)

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What is First Investment Company (K.S.C.C.) 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. First Investment Company (K.S.C.C.)'s Cost of Goods Sold for the three months ended in Mar. 2025 was KWD0.09 Mil. First Investment Company (K.S.C.C.)'s Average Total Inventories for the quarter that ended in Mar. 2025 was KWD0.39 Mil. First Investment Company (K.S.C.C.)'s Inventory Turnover for the quarter that ended in Mar. 2025 was 0.24.

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 three months ended in Mar. 2025 was 382.36.

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 quarter that ended in Mar. 2025 was 1.84.

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

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

First Investment Company (K.S.C.C.) Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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1.81

1.71

1.84

1.40

1.19

First Investment Company (K.S.C.C.) Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Inventory Turnover	Get a 7-Day Free Trial															0.28	0.28	0.28	0.42	0.24

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

First Investment Company (K.S.C.C.)'s Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	0.467	/ (	(0.398	+	0.387)	/	2 )
=	0.467	/	0.3925
=	1.19

First Investment Company (K.S.C.C.)'s Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

	Inventory Turnover (Q: Mar. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2025 )	/ (	(Total Inventories (Q: Dec. 2024 )	+	Total Inventories (Q: Mar. 2025 ))	/	count )
=	0.092	/ (	(0.387	+	0.384)	/	2 )
=	0.092	/	0.3855
=	0.24

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

First Investment Company (K.S.C.C.)'s Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2025 )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
	=	0.3855	/	0.092	*	365 / 4
	=	382.36

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 quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2025 )	/	Revenue (Q: Mar. 2025 )
	=	0.3855	/	0.209
	=	1.84

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.

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

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First Investment Company (K.S.C.C.) Business Description

Industry

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

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Traded in Other Exchanges

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Address

Al Hamra Tower, AI Shahada Street, Floor 68, Sharq Area, Kuwait City, KWT, 13063

Website

https://www.fic.com.kw

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 is organized into four business segments which are real estate, financial, services and others. The company operates in Kuwait, Kingdom of Saudi Arabia, and Others geographical areas with the majority of the revenue deriving from Kuwait.

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