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Advanced Technology Co KSCC (KUW:ATC) Days Inventory : 133.43 (As of Dec. 2023)


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What is Advanced Technology Co KSCC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Advanced Technology Co KSCC's Average Total Inventories for the three months ended in Dec. 2023 was KWD59.9 Mil. Advanced Technology Co KSCC's Cost of Goods Sold for the three months ended in Dec. 2023 was KWD40.9 Mil. Hence, Advanced Technology Co KSCC's Days Inventory for the three months ended in Dec. 2023 was 133.43.

The historical rank and industry rank for Advanced Technology Co KSCC's Days Inventory or its related term are showing as below:

KUW:ATC' s Days Inventory Range Over the Past 10 Years
Min: 63.79   Med: 177.89   Max: 302.04
Current: 166.79

During the past 13 years, Advanced Technology Co KSCC's highest Days Inventory was 302.04. The lowest was 63.79. And the median was 177.89.

KUW:ATC's Days Inventory is ranked worse than
90.43% of 94 companies
in the Medical Distribution industry
Industry Median: 62.15 vs KUW:ATC: 166.79

Advanced Technology Co KSCC's Days Inventory declined from Dec. 2022 (170.46) to Dec. 2023 (133.43).

Inventory Turnover measures how fast the company turns over its inventory within a year. Advanced Technology Co KSCC's Inventory Turnover for the three months ended in Dec. 2023 was 0.68.

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. Advanced Technology Co KSCC's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.15.


Advanced Technology Co KSCC Days Inventory Historical Data

The historical data trend for Advanced Technology Co KSCC's Days 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.

* Premium members only.

Advanced Technology Co KSCC Days Inventory Chart

Advanced Technology Co KSCC Annual Data
Trend Dec11 Dec12 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 214.36 250.24 302.04 194.80 153.51

Advanced Technology Co KSCC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days 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 170.46 160.11 178.62 230.66 133.43

Competitive Comparison of Advanced Technology Co KSCC's Days Inventory

For the Medical Distribution subindustry, Advanced Technology Co KSCC's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Advanced Technology Co KSCC's Days Inventory Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Advanced Technology Co KSCC's Days Inventory distribution charts can be found below:

* The bar in red indicates where Advanced Technology Co KSCC's Days Inventory falls into.



Advanced Technology Co KSCC Days Inventory Calculation

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

Advanced Technology Co KSCC's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (53.958 + 53.177) / 2 ) / 127.365*365
=53.5675 / 127.365*365
=153.51

Advanced Technology Co KSCC's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (66.545 + 53.177) / 2 ) / 40.938*365 / 4
=59.861 / 40.938*365 / 4
=133.43

* 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.


Advanced Technology Co KSCC  (KUW:ATC) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Advanced Technology Co KSCC's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

2. 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.

Advanced Technology Co KSCC's Inventory to Revenue for the three months ended in Dec. 2023 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Advanced Technology Co KSCC Days Inventory Related Terms

Thank you for viewing the detailed overview of Advanced Technology Co KSCC's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Advanced Technology Co KSCC (KUW:ATC) Business Description

Traded in Other Exchanges
N/A
Address
Salem Al Mubarak Street, ATC Tower, P.O.Box: 44558, Street 1 Opposite Layla Tower, Block 4, Salmiya, Hawali, Kuwait, KWT, 32060
Advanced Technology Co KSCC is a medical equipment supplier to the Kuwait healthcare sector. Some of the services provided by the company are - Diagnostic imaging, Laboratory environmental management and Automation, Medical & surgical O.R solutions, Healthcare manpower services, and more. The firm operates in one business segment namely trading, installation, and maintenance of medical and healthcare-related products. It also engages in constructing, managing, and possessing hospitals, medical centers, clinics, and specialized labs. In addition, the firm offers a pharmacy license, and home care services.