Al Enmaa Real Estate Co (KUW:ERESCO) Change In Inventory : KWD0.00 Mil (TTM As of Apr. 2024)

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What is Al Enmaa Real Estate Co Change In Inventory?

Al Enmaa Real Estate Co's change in inventory for the quarter that ended in Apr. 2024 was KWD0.00 Mil. It means Al Enmaa Real Estate Co's inventory stayed the same from Jan. 2024 to Apr. 2024 .

Al Enmaa Real Estate Co's change in inventory for the fiscal year that ended in Oct. 2023 was KWD0.03 Mil. It means Al Enmaa Real Estate Co's inventory declined by KWD0.03 Mil from Oct. 2022 to Oct. 2023 .

Al Enmaa Real Estate Co's Total Inventories for the quarter that ended in Apr. 2024 was KWD0.01 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Al Enmaa Real Estate Co's Days Inventory for the quarter that ended in Apr. 2024 was 0.50.

Inventory Turnover measures how fast the company turns over its inventory within a year. Al Enmaa Real Estate Co's Inventory Turnover for the quarter that ended in Apr. 2024 was 183.40.

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. Al Enmaa Real Estate Co's Inventory-to-Revenue for the quarter that ended in Apr. 2024 was 0.00.

Al Enmaa Real Estate Co Change In Inventory Historical Data

The historical data trend for Al Enmaa Real Estate 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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Al Enmaa Real Estate Co Change In Inventory Chart

Al Enmaa Real Estate Co Annual Data

Trend

Oct14

Oct15

Oct16

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Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Change In Inventory

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-0.01

0.01

0.03

Al Enmaa Real Estate Co Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Al Enmaa Real Estate 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 Apr. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD0.00 Mil.

Al Enmaa Real Estate Co (KUW:ERESCO) Change In Inventory Explanation

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

Al Enmaa Real Estate 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
	=	0.01	/	1.834	*	365 / 4
	=	0.50

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

Al Enmaa Real Estate Co's Inventory Turnover for the quarter that ended in Apr. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.834	/	0.01
	=	183.40

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.

Al Enmaa Real Estate Co's Inventory to Revenue for the quarter that ended in Apr. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.01	/	2.722
	=	0.00

Al Enmaa Real Estate Co Change In Inventory Related Terms

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Al Enmaa Real Estate Co (KUW:ERESCO) Business Description

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Address

Al-Enmaa Tower, Abdullah Al-Mubarak Street, P.O. Box 24544, 1st, 2nd and Mezzanine Floors, Opposite Scientific Museum, Mirqab, Kuwait, KWT, 13160

Website

https://www.enmaa.com

Al Enmaa Real Estate Co is a real estate development and investment company. It is organized into the following operating segments namely Construction, Services Rendered, Real Estate, and Investments. The Services Rendered segment undertakes contracts to construct buildings and maintenance of mechanical and electrical spare parts and building materials. It generates maximum revenue from the Services Rendered segment.

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