Gulf Insurance Group KSC (KUW:GINS) Change In Inventory : KWD0 Mil (TTM As of Sep. 2024)

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What is Gulf Insurance Group KSC Change In Inventory?

Gulf Insurance Group KSC's change in inventory for the quarter that ended in Sep. 2024 was KWD0 Mil. It means Gulf Insurance Group KSC's inventory stayed the same from Jun. 2024 to Sep. 2024 .

Gulf Insurance Group KSC's change in inventory for the fiscal year that ended in Dec. 2023 was KWD0 Mil. It means Gulf Insurance Group KSC's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Gulf Insurance Group KSC's Total Inventories for the quarter that ended in Sep. 2024 was KWD0 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. Gulf Insurance Group KSC's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.00.

Gulf Insurance Group KSC Change In Inventory Historical Data

The historical data trend for Gulf Insurance Group KSC'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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Gulf Insurance Group KSC Change In Inventory Chart

Gulf Insurance Group KSC Annual Data

Trend

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Change In Inventory

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Gulf Insurance Group KSC Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Gulf Insurance Group KSC 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD0 Mil.

Gulf Insurance Group KSC (KUW:GINS) Change In Inventory Explanation

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

Gulf Insurance Group KSC'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.

Gulf Insurance Group KSC's Inventory Turnover for the quarter that ended in Sep. 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.

Gulf Insurance Group KSC's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	205.583
	=	0.00

Gulf Insurance Group KSC Change In Inventory Related Terms

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Gulf Insurance Group KSC Business Description

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Address

Khaled Ibn Al Waleed Street, Sharq, P.O.Box 1040, Safat, KIPCO Tower, 40th Floor, Office No. 1 and 2, Kuwait City, KWT, 13011

Website

https://www.gig.com.kw

Gulf Insurance Group KSC is an insurance company offering solutions and covering a range of risks related to Motor, Marine & Aviation, Property & Casualty, and Life & Health Insurance both in conventional and Takaful (Islamic insurance based on Shariah principles) basis. Gulf Insurance operates its business in two segments namely General risk insurance and Life and medical insurance offering general insurance including marine and aviation, motor vehicles, property, engineering and general accidents; and savings, protection products, and other long-term contracts respectively.

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