National Industries Group HoldingK (KUW:NIND) Change In Inventory : KWD1.1 Mil (TTM As of Dec. 2024)

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What is National Industries Group HoldingK Change In Inventory?

National Industries Group HoldingK's change in inventory for the quarter that ended in Dec. 2024 was KWD2.4 Mil. It means National Industries Group HoldingK's inventory declined by KWD2.4 Mil from Sep. 2024 to Dec. 2024 .

National Industries Group HoldingK's change in inventory for the fiscal year that ended in Dec. 2024 was KWD1.1 Mil. It means National Industries Group HoldingK's inventory declined by KWD1.1 Mil from Dec. 2023 to Dec. 2024 .

National Industries Group HoldingK's Total Inventories for the quarter that ended in Dec. 2024 was KWD46.1 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. National Industries Group HoldingK's Days Inventory for the quarter that ended in Dec. 2024 was 115.91.

Inventory Turnover measures how fast the company turns over its inventory within a year. National Industries Group HoldingK's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.79.

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. National Industries Group HoldingK's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.99.

National Industries Group HoldingK Change In Inventory Historical Data

The historical data trend for National Industries Group HoldingK'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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National Industries Group HoldingK Change In Inventory Chart

National Industries Group HoldingK Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Inventory

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1.11

-2.09

-3.95

-5.31

1.05

National Industries Group HoldingK Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Change In Inventory	Get a 7-Day Free Trial															-3.77	0.92	-1.43	-0.85	2.41

National Industries Group HoldingK 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD1.1 Mil.

National Industries Group HoldingK (KUW:NIND) Change In Inventory Explanation

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

National Industries Group HoldingK's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	47.333	/	37.262	*	365 / 4
	=	115.91

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

National Industries Group HoldingK's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	37.262	/	47.333
	=	0.79

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.

National Industries Group HoldingK's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	47.333	/	47.941
	=	0.99

National Industries Group HoldingK Change In Inventory Related Terms

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National Industries Group HoldingK Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » National Industries Group Holding SAK (KUW:NIND) » Definitions » Change In Inventory

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NIND:United Arab Emirates

Address

Shuwaikh - Jahra Road Interchange, P.O. Box 417, Beside kuwait Red Cresent Society, Safat, Kuwait City, KWT, 13005

Website

http://www.nig.com.kw

National Industries Group Holding SAK operates in investment and its objectives are owning stocks and shares, lending money, owning industrial equities such as patents, and royalties, and owning real estate and moveable property. The company has four segments: Investment and financial services, Real estate and construction, Specialist engineering and chemical, and IT services. Geographically, it generates the majority of revenue from the Kuwait region.

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