Future Kid Entertainment and Real Estate Co (KUW:FUTUREKID) Days Inventory : 24.47 (As of Jun. 2024)

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What is Future Kid Entertainment and Real Estate Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Future Kid Entertainment and Real Estate Co's Average Total Inventories for the three months ended in Jun. 2024 was KWD0.42 Mil. Future Kid Entertainment and Real Estate Co's Cost of Goods Sold for the three months ended in Jun. 2024 was KWD1.58 Mil. Hence, Future Kid Entertainment and Real Estate Co's Days Inventory for the three months ended in Jun. 2024 was 24.47.

The historical rank and industry rank for Future Kid Entertainment and Real Estate Co's Days Inventory or its related term are showing as below:

KUW:FUTUREKID' s Days Inventory Range Over the Past 10 Years
Min: 20.81 Med: 25.41 Max: 35.25
Current: 30.01

During the past 13 years, Future Kid Entertainment and Real Estate Co's highest Days Inventory was 35.25. The lowest was 20.81. And the median was 25.41.

KUW:FUTUREKID's Days Inventory is ranked better than
51.62% of 680 companies
in the Travel & Leisure industry
Industry Median: 32.025 vs KUW:FUTUREKID: 30.01

Future Kid Entertainment and Real Estate Co's Days Inventory declined from Jun. 2023 (31.99) to Jun. 2024 (24.47).

Inventory Turnover measures how fast the company turns over its inventory within a year. Future Kid Entertainment and Real Estate Co's Inventory Turnover for the three months ended in Jun. 2024 was 3.73.

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. Future Kid Entertainment and Real Estate Co's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.16.

Future Kid Entertainment and Real Estate Co Days Inventory Historical Data

The historical data trend for Future Kid Entertainment and Real Estate Co'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.

Future Kid Entertainment and Real Estate Co Days Inventory Chart

Future Kid Entertainment and Real Estate Co Annual Data

Trend

Dec10

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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22.75

27.68

32.33

34.97

35.25

Future Kid Entertainment and Real Estate Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Inventory	Get a 7-Day Free Trial															31.99	30.87	37.02	32.71	24.47

Competitive Comparison of Future Kid Entertainment and Real Estate Co's Days Inventory

For the Leisure subindustry, Future Kid Entertainment and Real Estate Co'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.

Future Kid Entertainment and Real Estate Co's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Future Kid Entertainment and Real Estate Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Future Kid Entertainment and Real Estate Co's Days Inventory falls into.

Future Kid Entertainment and Real Estate Co Days Inventory Calculation

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

Future Kid Entertainment and Real Estate Co'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
=	( (0.514	+	0.492)	/	2 )	/	5.209	*	365
=	0.503					/	5.209	*	365
=	35.25

Future Kid Entertainment and Real Estate Co's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

	Days Inventory (Q: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (0.47	+	0.379)	/	2 )	/	1.583	*	365 / 4
=	0.4245					/	1.583	*	365 / 4
=	24.47

Future Kid Entertainment and Real Estate Co (KUW:FUTUREKID) 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.

Future Kid Entertainment and Real Estate Co's Inventory Turnover for the three months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.583	/	0.4245
	=	3.73

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.

Future Kid Entertainment and Real Estate Co's Inventory to Revenue for the three months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.4245	/	2.649
	=	0.16

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.

Future Kid Entertainment and Real Estate Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Future Kid Entertainment and Real Estate Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Future Kid Entertainment and Real Estate Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Future Kid Entertainment and Real Estate Co (KUW:FUTUREKID) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Free Zone Area, Futur Ara, Block D20, P.O. Box 4277, Al-Safat, KWT, 13043

Website

https://www.futurekid.com.kw

Future Kid Entertainment and Real Estate Co operates and manages family entertainment centers in Kuwait. It provides recreational services for kids and families. It also operates entertainment complexes which include facilities like games & aqua parks. It also engages in the acquisition, development, and sale of real estate and lands. It derives revenue from customer charges and game cards used for games available in different branches.

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