Arabi Holding Group (KUW:AGHC) Change In Inventory : KWD2.18 Mil (TTM As of Mar. 2024)

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What is Arabi Holding Group Change In Inventory?

Arabi Holding Group's change in inventory for the quarter that ended in Mar. 2024 was KWD0.53 Mil. It means Arabi Holding Group's inventory declined by KWD0.53 Mil from Dec. 2023 to Mar. 2024 .

Arabi Holding Group's change in inventory for the fiscal year that ended in Dec. 2023 was KWD0.96 Mil. It means Arabi Holding Group's inventory declined by KWD0.96 Mil from Dec. 2022 to Dec. 2023 .

Arabi Holding Group's 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. Arabi Holding Group's Days Inventory for the quarter that ended in Mar. 2024 was 160.34.

Inventory Turnover measures how fast the company turns over its inventory within a year. Arabi Holding Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.57.

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. Arabi Holding Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.35.

Arabi Holding Group Change In Inventory Historical Data

The historical data trend for Arabi Holding Group's Change In 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.

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Arabi Holding Group Change In Inventory Chart

Arabi Holding Group Annual Data

Trend

Dec13

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-3.28

1.65

4.97

-0.43

0.96

Arabi Holding Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-0.69	0.43	0.59	0.63	0.53

Arabi Holding Group Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD2.18 Mil.

Arabi Holding Group (KUW:AGHC) Change In Inventory Explanation

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

Arabi Holding Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	22.0765	/	12.564	*	365 / 4
	=	160.34

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

Arabi Holding Group's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	12.564	/	22.0765
	=	0.57

3. 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.

Arabi Holding Group's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	22.0765	/	16.339
	=	1.35

Arabi Holding Group Change In Inventory Related Terms

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Arabi Holding Group (KUW:AGHC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Arabi Holding Group (KUW:AGHC) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

Forth Ring Road, P.O. Box 4090, Plot 175/176C, Behind Ali Abdulwahab Furniture Showroom, Shuwaikh Industrial Area, Safat, Kuwait, KWT, 13041

Website

http://www.arabigroup.com

Arabi Holding Group is an investment holding company. Its operating segment includes Oil and Gas, and Commercial. It generates maximum revenue from the Oil and Gas segment. Its group's revenue sources include services and maintenance, construction, manpower supply, sale of goods, and other sources. Geographically, it derives a majority of its revenue from Kuwait.