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IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Days Inventory : 160.52 (As of Mar. 2024)


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What is IFA Hotels & Resorts Co KSCC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). IFA Hotels & Resorts Co KSCC's Average Total Inventories for the three months ended in Mar. 2024 was KWD7.65 Mil. IFA Hotels & Resorts Co KSCC's Cost of Goods Sold for the three months ended in Mar. 2024 was KWD4.35 Mil. Hence, IFA Hotels & Resorts Co KSCC's Days Inventory for the three months ended in Mar. 2024 was 160.52.

The historical rank and industry rank for IFA Hotels & Resorts Co KSCC's Days Inventory or its related term are showing as below:

KUW:IFAHR' s Days Inventory Range Over the Past 10 Years
Min: 56.15   Med: 379.28   Max: 1496.38
Current: 189.07

During the past 13 years, IFA Hotels & Resorts Co KSCC's highest Days Inventory was 1496.38. The lowest was 56.15. And the median was 379.28.

KUW:IFAHR's Days Inventory is ranked better than
75.96% of 1327 companies
in the Real Estate industry
Industry Median: 694.58 vs KUW:IFAHR: 189.07

IFA Hotels & Resorts Co KSCC's Days Inventory increased from Mar. 2023 (115.81) to Mar. 2024 (160.52). It might indicate that IFA Hotels & Resorts Co KSCC's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. IFA Hotels & Resorts Co KSCC's Inventory Turnover for the three months ended in Mar. 2024 was 0.57.

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. IFA Hotels & Resorts Co KSCC's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.73.


IFA Hotels & Resorts Co KSCC Days Inventory Historical Data

The historical data trend for IFA Hotels & Resorts 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.

IFA Hotels & Resorts Co KSCC Days Inventory Chart

IFA Hotels & Resorts Co KSCC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 363.24 1,496.38 395.32 279.31 178.38

IFA Hotels & Resorts Co KSCC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 115.81 139.13 192.23 387.13 160.52

Competitive Comparison of IFA Hotels & Resorts Co KSCC's Days Inventory

For the Real Estate Services subindustry, IFA Hotels & Resorts 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.


IFA Hotels & Resorts Co KSCC's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, IFA Hotels & Resorts Co KSCC's Days Inventory distribution charts can be found below:

* The bar in red indicates where IFA Hotels & Resorts Co KSCC's Days Inventory falls into.



IFA Hotels & Resorts Co KSCC Days Inventory Calculation

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

IFA Hotels & Resorts 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
=( (7.591 + 7.881) / 2 ) / 15.829*365
=7.736 / 15.829*365
=178.38

IFA Hotels & Resorts Co KSCC's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (7.881 + 7.427) / 2 ) / 4.351*365 / 4
=7.654 / 4.351*365 / 4
=160.52

* 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.


IFA Hotels & Resorts Co KSCC  (KUW:IFAHR) 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.

IFA Hotels & Resorts Co KSCC's Inventory Turnover for the three months ended in Mar. 2024 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.

IFA Hotels & Resorts Co KSCC's Inventory to Revenue for the three months ended in Mar. 2024 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.


IFA Hotels & Resorts Co KSCC Days Inventory Related Terms

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


IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Business Description

Traded in Other Exchanges
N/A
Address
Souk Al-Kuwait Building, Block A, P.O. Box 4694, 8th Floor, Al Abdul Razzak Square, Safat, Kuwait City, KWT, 13047
IFA Hotels & Resorts Co KSCC is engaged in the development and operations of mixed-use hotel and tourism resort projects and luxury leisure services. In addition, it invests in the land; and engages in property development activities. The company operates in four reportable segments namely property development, hoteliering, investments, and others. The majority of the revenue is generated from the property development segment. Its geographical segments include Kuwait, United Arab Emirates & Asia, Africa, and others, of which majority revenue comes from the United Arab Emirates & Asia.

IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Headlines

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