Commercial Bank Of Kuwait (KUW:CBK) Change In Inventory : KWD0.0 Mil (TTM As of Mar. 2024)

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What is Commercial Bank Of Kuwait Change In Inventory?

Commercial Bank Of Kuwait's change in inventory for the quarter that ended in Mar. 2024 was KWD0.0 Mil. It means Commercial Bank Of Kuwait's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Commercial Bank Of Kuwait's change in inventory for the fiscal year that ended in Dec. 2023 was KWD0.0 Mil. It means Commercial Bank Of Kuwait's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Commercial Bank Of Kuwait's Total Inventories for the quarter that ended in Mar. 2024 was KWD0.0 Mil.

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

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

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. Commercial Bank Of Kuwait's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Commercial Bank Of Kuwait Change In Inventory Historical Data

The historical data trend for Commercial Bank Of Kuwait'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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Commercial Bank Of Kuwait Change In Inventory Chart

Commercial Bank Of Kuwait Annual Data

Trend

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Change In Inventory

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Commercial Bank Of Kuwait 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															-	-	-	-	-

Commercial Bank Of Kuwait 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 KWD0.0 Mil.

Commercial Bank Of Kuwait (KUW:CBK) Change In Inventory Explanation

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

Commercial Bank Of Kuwait'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	/	0	*	365 / 4
	=	N/A

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

Commercial Bank Of Kuwait's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=	N/A

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.

Commercial Bank Of Kuwait's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	44.12
	=	0.00

Commercial Bank Of Kuwait Change In Inventory Related Terms

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Commercial Bank Of Kuwait (KUW:CBK) Business Description

Industry

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Traded in Other Exchanges

N/A

Address

Mubarak Al Kabeer Street, P.O. Box 2861, Safat, Kuwait, KWT, 13029

Website

https://www.cbk.com

Commercial Bank Of Kuwait is the financial institution in Kuwait. It operates corporate and retail banking franchise that provides innovative financial and investment solutions to its growing customer base. The company operates in two segments: Corporate and Retail banking, which provides a full range of lending, deposit, and related banking services to domestic and international corporate and individual customers; and Treasury and Investment banking segment comprises of money market, foreign exchange, treasury bonds, and brokerage services. Most of the bank's revenue is derived from traditional banking net interest income, with the remainder coming from fees and commissions.

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