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Kuwait National Cinema Co (KUW:KCIN) Days Inventory : 13.83 (As of Mar. 2024)


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What is Kuwait National Cinema Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kuwait National Cinema Co's Average Total Inventories for the three months ended in Mar. 2024 was KWD0.68 Mil. Kuwait National Cinema Co's Cost of Goods Sold for the three months ended in Mar. 2024 was KWD4.50 Mil. Hence, Kuwait National Cinema Co's Days Inventory for the three months ended in Mar. 2024 was 13.83.

The historical rank and industry rank for Kuwait National Cinema Co's Days Inventory or its related term are showing as below:

KUW:KCIN' s Days Inventory Range Over the Past 10 Years
Min: 5.82   Med: 13.57   Max: 35.26
Current: 17.34

During the past 13 years, Kuwait National Cinema Co's highest Days Inventory was 35.26. The lowest was 5.82. And the median was 13.57.

KUW:KCIN's Days Inventory is ranked better than
57.12% of 653 companies
in the Media - Diversified industry
Industry Median: 26.06 vs KUW:KCIN: 17.34

Kuwait National Cinema Co's Days Inventory declined from Mar. 2023 (25.17) to Mar. 2024 (13.83).

Inventory Turnover measures how fast the company turns over its inventory within a year. Kuwait National Cinema Co's Inventory Turnover for the three months ended in Mar. 2024 was 6.60.

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. Kuwait National Cinema Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.09.


Kuwait National Cinema Co Days Inventory Historical Data

The historical data trend for Kuwait National Cinema 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.

Kuwait National Cinema Co Days Inventory Chart

Kuwait National Cinema Co 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 13.48 35.26 29.43 16.87 13.66

Kuwait National Cinema Co 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 25.17 26.49 14.61 16.52 13.83

Competitive Comparison of Kuwait National Cinema Co's Days Inventory

For the Entertainment subindustry, Kuwait National Cinema 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.


Kuwait National Cinema Co's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Kuwait National Cinema Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kuwait National Cinema Co's Days Inventory falls into.



Kuwait National Cinema Co Days Inventory Calculation

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

Kuwait National Cinema 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
=( (0.979 + 0.666) / 2 ) / 21.981*365
=0.8225 / 21.981*365
=13.66

Kuwait National Cinema Co'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
=( (0.666 + 0.698) / 2 ) / 4.499*365 / 4
=0.682 / 4.499*365 / 4
=13.83

* 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.


Kuwait National Cinema Co  (KUW:KCIN) 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.

Kuwait National Cinema Co'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.

Kuwait National Cinema Co'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.


Kuwait National Cinema Co Days Inventory Related Terms

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


Kuwait National Cinema Co (KUW:KCIN) Business Description

Traded in Other Exchanges
N/A
Address
Airport Road, Sama Khaitan Mall, Plot 9, Building 164, 2nd Floor (Office 1 & 2), P.O. Box 502, Old Khaitan Area, Safat, Kuwait, KWT, 13006
Kuwait National Cinema Company KPSC is a Kuwait-based company operates in the entertainment industry. It focuses on the activities related to the cinema industry, entertainment, and cultural events. The segment in which the company operates includes Cinema division, Concession division, and Investments division. Cinema segment covers activities related to cinema shows; the Concession segment covers activities related to concessions supplemented to theaters, and the Investment segment represents investments in shares and funds, in addition to investment properties. It generates maximum revenue from the Cinema Division segment.

Kuwait National Cinema Co (KUW:KCIN) Headlines

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