Advanced Technology Co KSCC (KUW:ATC) Change In Inventory : KWD1.2 Mil (TTM As of Dec. 2023)

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What is Advanced Technology Co KSCC Change In Inventory?

Advanced Technology Co KSCC's change in inventory for the quarter that ended in Dec. 2023 was KWD12.9 Mil. It means Advanced Technology Co KSCC's inventory declined by KWD12.9 Mil from Sep. 2023 to Dec. 2023 .

Advanced Technology Co KSCC's change in inventory for the fiscal year that ended in Dec. 2023 was KWD1.2 Mil. It means Advanced Technology Co KSCC's inventory declined by KWD1.2 Mil from Dec. 2022 to Dec. 2023 .

Advanced Technology Co KSCC's Total Inventories for the quarter that ended in Dec. 2023 was KWD53.2 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Advanced Technology Co KSCC's Days Inventory for the quarter that ended in Dec. 2023 was 133.43.

Inventory Turnover measures how fast the company turns over its inventory within a year. Advanced Technology Co KSCC's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.68.

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. Advanced Technology Co KSCC's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.15.

Advanced Technology Co KSCC Change In Inventory Historical Data

The historical data trend for Advanced Technology Co KSCC'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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Advanced Technology Co KSCC Change In Inventory Chart

Advanced Technology Co KSCC Annual Data

Trend

Dec11

Dec12

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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2.92

-23.00

2.95

21.76

1.20

Advanced Technology Co KSCC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-1.57	-0.45	-7.58	-3.65	12.88

Advanced Technology Co KSCC 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD1.2 Mil.

Advanced Technology Co KSCC (KUW:ATC) Change In Inventory Explanation

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

Advanced Technology Co KSCC's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	59.861	/	40.938	*	365 / 4
	=	133.43

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

Advanced Technology Co KSCC's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	40.938	/	59.861
	=	0.68

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.

Advanced Technology Co KSCC's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	59.861	/	51.918
	=	1.15

Advanced Technology Co KSCC Change In Inventory Related Terms

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Advanced Technology Co KSCC (KUW:ATC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Advanced Technology Co KSCC (KUW:ATC) » Definitions » Change In Inventory

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Address

Salem Al Mubarak Street, ATC Tower, P.O.Box: 44558, Street 1 Opposite Layla Tower, Block 4, Salmiya, Hawali, Kuwait, KWT, 32060

Website

https://www.atc.com.kw

Advanced Technology Co KSCC is a medical equipment supplier to the Kuwait healthcare sector. Some of the services provided by the company are - Diagnostic imaging, Laboratory environmental management and Automation, Medical & surgical O.R solutions, Healthcare manpower services, and more. The firm operates in one business segment namely trading, installation, and maintenance of medical and healthcare-related products. It also engages in constructing, managing, and possessing hospitals, medical centers, clinics, and specialized labs. In addition, the firm offers a pharmacy license, and home care services.