Ali Alghanim Sons Automotive Co KSC (KUW:ALG) Inventories, Inventories Adjustments : KWD0.0 Mil (As of Mar. 2024)

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What is Ali Alghanim Sons Automotive Co KSC Inventories, Inventories Adjustments?

Ali Alghanim Sons Automotive Co KSC's Inventories, Inventories Adjustments for the quarter that ended in Mar. 2024 was KWD0.0 Mil.

Ali Alghanim Sons Automotive Co KSC's quarterly Inventories, Inventories Adjustments declined from Sep. 2023 (KWD0.0 Mil) to Dec. 2023 (KWD-3.2 Mil) but then increased from Dec. 2023 (KWD-3.2 Mil) to Mar. 2024 (KWD0.0 Mil).

Ali Alghanim Sons Automotive Co KSC's annual Inventories, Inventories Adjustments declined from Dec. 2021 (KWD-2.3 Mil) to Dec. 2022 (KWD-2.3 Mil) and declined from Dec. 2022 (KWD-2.3 Mil) to Dec. 2023 (KWD-3.2 Mil).

Ali Alghanim Sons Automotive Co KSC Inventories, Inventories Adjustments Historical Data

The historical data trend for Ali Alghanim Sons Automotive Co KSC's Inventories, Inventories Adjustments 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.

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Ali Alghanim Sons Automotive Co KSC Inventories, Inventories Adjustments Chart

Ali Alghanim Sons Automotive Co KSC Annual Data

Trend

Dec21

Dec22

Dec23

Inventories, Inventories Adjustments

-2.27

-2.33

-3.16

Ali Alghanim Sons Automotive Co KSC Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventories, Inventories Adjustments	Get a 7-Day Free Trial							-	-	-	-3.16	-

Ali Alghanim Sons Automotive Co KSC Inventories, Inventories Adjustments Calculation

Inventories, Inventories Adjustments represents certain charges made in the current period in inventory resulting from breakage, spoilage, employee theft and shoplifting, etc.

Ali Alghanim Sons Automotive Co KSC (KUW:ALG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ali Alghanim Sons Automotive Co KSC (KUW:ALG) » Definitions » Inventories, Inventories Adjustments

Comparable Companies

Traded in Other Exchanges

N/A

Address

Airport Road 55, P.O. Box 21540, Safat, Opposite Kaifan Telecommunication, Shuwaikh, KWT, 13076

Website

https://alg.com.kw

Ali Alghanim Sons Automotive Co KSC is engaged in the automotive business. The Primary Activities of the Company are selling and purchasing cars and spare parts, importing and exporting light and heavy vehicles and cars, renting cars, maintaining light & heavy vehicles and cars, trading auto spare parts, and renting equipment and their maintenance. The Group is divided into four main geographical segments which are the State of Kuwait, Iraq, Egypt and the United Arab Emirates. The majority is derived from Kuwait.