Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) Change In Inventory: KWD-13.2 Mil (TTM As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

KUW:SHIP Heavy Engineering Industries and Shipbuilding Co KSC KUW:SHIP
83 GF Score
Price KWD0.64
GF Value KWD1.06
Valuation Possible Value Trap
! 5 Warning Signs
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What is Heavy Engineering Industries and Shipbuilding Co KSC Change In Inventory?

Heavy Engineering Industries and Shipbuilding Co KSC KUW:SHIP 83 Change In Inventory is KWD-13.2 Mil as of Mar. 2026. GuruFocus rates KUW:SHIP with a GF Score™ of 83/100 and a GF Value™ of KWD1.06 (Possible Value Trap). The stock has 5 warning signs investors should review.

Heavy Engineering Industries and Shipbuilding Co KSC's change in inventory for the quarter that ended in Mar. 2026 was KWD-5.4 Mil. It means Heavy Engineering Industries and Shipbuilding Co KSC's inventory increased by KWD5.4 Mil from Dec. 2025 to Mar. 2026 .

Heavy Engineering Industries and Shipbuilding Co KSC's change in inventory for the fiscal year that ended in Dec. 2025 was KWD-8.3 Mil. It means Heavy Engineering Industries and Shipbuilding Co KSC's inventory increased by KWD8.3 Mil from Dec. 2024 to Dec. 2025 .

Heavy Engineering Industries and Shipbuilding Co KSC's Total Inventories for the quarter that ended in Mar. 2026 was KWD29.1 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Heavy Engineering Industries and Shipbuilding Co KSC's Days Inventory for the quarter that ended in Mar. 2026 was 58.47.

Inventory Turnover measures how fast the company turns over its inventory within a year. Heavy Engineering Industries and Shipbuilding Co KSC's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.56.

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. Heavy Engineering Industries and Shipbuilding Co KSC's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.61.


Heavy Engineering Industries and Shipbuilding Co KSC  (KUW:SHIP) Change In Inventory Explanation

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

Heavy Engineering Industries and Shipbuilding Co 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
=26.3775/41.166*365 / 4
=58.47

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

Heavy Engineering Industries and Shipbuilding Co KSC's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

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.

Heavy Engineering Industries and Shipbuilding Co KSC's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

* 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.


Heavy Engineering Industries and Shipbuilding Co KSC Change In Inventory Related Terms


Heavy Engineering Industries and Shipbuilding Co KSC Change In Inventory Historical Data

* Premium members only.

The historical data trend for Heavy Engineering Industries and Shipbuilding Co 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.

Heavy Engineering Industries and Shipbuilding Co KSC Change In Inventory Chart

Heavy Engineering Industries and Shipbuilding Co KSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.03 -0.48 -2.95 -1.76 -8.26

Heavy Engineering Industries and Shipbuilding Co KSC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.41 -2.17 -4.00 -1.68 -5.36
KUW:SHIP
83GF Score
Heavy Engineering Industries and Shipbuilding Co KSC KUW:SHIP
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Heavy Engineering Industries and Shipbuilding Co 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD-13.2 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of KWD-13.2 Mil mean?
Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) has a Change In Inventory of KWD-13.2 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Heavy Engineering Industries and Shipbuilding Co KSC and its competitors.
Is Heavy Engineering Industries and Shipbuilding Co KSC's Change In Inventory too high?
Heavy Engineering Industries and Shipbuilding Co KSC's current Change In Inventory is KWD-13.2 Mil. Overall, Heavy Engineering Industries and Shipbuilding Co KSC has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Heavy Engineering Industries and Shipbuilding Co KSC's Change In Inventory compare to PWR and FIX?
Heavy Engineering Industries and Shipbuilding Co KSC's Change In Inventory of KWD-13.2 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Construction company?
A good Change In Inventory depends on the Construction industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Heavy Engineering Industries and Shipbuilding Co KSC and its competitors. Heavy Engineering Industries and Shipbuilding Co KSC's current Change In Inventory is KWD-13.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heavy Engineering Industries and Shipbuilding Co KSC stock overvalued right now?
Based on GuruFocus' analysis, Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) is currently considered Possible Value Trap. The stock's GF Value™ is KWD1.06, compared to a current price of KWD0.64 — trading 40% below its estimated fair value. The current Change In Inventory is KWD-13.2 Mil. Heavy Engineering Industries and Shipbuilding Co KSC's overall GF Score™ is 83/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP), the current Change In Inventory is KWD-13.2 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) Overvalued in 2026?

Based on GuruFocus' analysis, Heavy Engineering Industries and Shipbuilding Co KSC stock appears to be undervalued. The current stock price of KWD0.64 is trading 40% below its estimated GF Value™ of KWD1.06. GuruFocus considers Heavy Engineering Industries and Shipbuilding Co KSC to be Possible Value Trap.

Key valuation signals for KUW:SHIP:

  • Change In Inventory: KWD-13.2 Mil
  • GF Value™: KWD1.06 vs. price of KWD0.64 (40% below fair value)
  • GF Score™: 83/100 with 5 warning signs

No single metric tells the full story. See the KUW:SHIP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Heavy Engineering Industries and Shipbuilding Co KSC Business Description

Address Shuwaik Port, Gate No.7, P.O. Box 21998, Safat, Kuwait, KWT, 13080
Heavy Engineering Industries and Shipbuilding Co KSC is engaged in engineering, procurement, and construction (EPC) contracting, focusing on the shipping and maritime industry in Kuwait. The Company serves sectors including oil and gas, refineries, petrochemicals, power, water distillation and desalination, shipbuilding, ship repair, dredging, and maritime construction. Its activities include industrial and marine works, installation and maintenance services, trading of equipment and spare parts, and contracting and tendering with international companies. It also provides services such as shipyard operations, fabrication, testing and calibration, quality control, scaffolding, galvanizing, onshore and offshore operations, technical manpower supply, and design and engineering services.
83GF Score

Get the complete analysis for KUW:SHIP

Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

KWD0.64
Price
KWD1.06
GF Value