Ajial Real Estate & Entertainment Co (KUW:AREEC) Change In Inventory : KWD0.01 Mil (TTM As of Mar. 2024)

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What is Ajial Real Estate & Entertainment Co Change In Inventory?

Ajial Real Estate & Entertainment Co's change in inventory for the quarter that ended in Mar. 2024 was KWD0.01 Mil. It means Ajial Real Estate & Entertainment Co's inventory declined by KWD0.01 Mil from Dec. 2023 to Mar. 2024 .

Ajial Real Estate & Entertainment Co's change in inventory for the fiscal year that ended in Dec. 2023 was KWD-0.08 Mil. It means Ajial Real Estate & Entertainment Co's inventory increased by KWD0.08 Mil from Dec. 2022 to Dec. 2023 .

Ajial Real Estate & Entertainment Co's Total Inventories for the quarter that ended in Mar. 2024 was KWD0.09 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ajial Real Estate & Entertainment Co's Days Inventory for the quarter that ended in Mar. 2024 was 13.82.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ajial Real Estate & Entertainment Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 6.60.

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. Ajial Real Estate & Entertainment Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.05.

Ajial Real Estate & Entertainment Co Change In Inventory Historical Data

The historical data trend for Ajial Real Estate & Entertainment Co'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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Ajial Real Estate & Entertainment Co Change In Inventory Chart

Ajial Real Estate & Entertainment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.01

-0.08

Ajial Real Estate & Entertainment Co 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															-0.01	-	-	-	0.01

Ajial Real Estate & Entertainment Co 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 KWD0.01 Mil.

Ajial Real Estate & Entertainment Co (KUW:AREEC) Change In Inventory Explanation

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

Ajial Real Estate & Entertainment Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.0915	/	0.604	*	365 / 4
	=	13.82

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

Ajial Real Estate & Entertainment Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.604	/	0.0915
	=	6.60

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.

Ajial Real Estate & Entertainment Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.0915	/	1.898
	=	0.05

Ajial Real Estate & Entertainment Co Change In Inventory Related Terms

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Ajial Real Estate & Entertainment Co (KUW:AREEC) Business Description

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Address

Al Hamra Tower, 26th Floor, Office No. 2, P.O. Box 22448, Safat, Kuwait City, KWT, 13085

Website

http://www.ajial-realestate.com

Ajial Real Estate & Entertainment Co is a real estate company. Its activities include buying and selling lands, renting and selling of real estate domestically and outside Kuwait, establishing and maintaining residential complexes, the building of commercial markets and entertainment centres, touristic facilities and special accommodations, provide contracting services and trading of building materials. The company's segments include Real estate investing activities that invests and trades in real estate and construction or development of real estate for the sale; and Equities and other investing activities that invest in financial and real estate funds and manages the group's liquidity requirements.

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