GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Egypt Kuwait Holding Co (CAI:EKHOA) » Definitions » Inventory Turnover

Egypt Kuwait Holding Co (CAI:EKHOA) Inventory Turnover : 0.81 (As of Dec. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Egypt Kuwait Holding Co Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Egypt Kuwait Holding Co's Cost of Goods Sold for the three months ended in Dec. 2024 was E£5,001 Mil. Egypt Kuwait Holding Co's Average Total Inventories for the quarter that ended in Dec. 2024 was E£6,169 Mil. Egypt Kuwait Holding Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.81.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Egypt Kuwait Holding Co's Days Inventory for the three months ended in Dec. 2024 was 112.56.

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. Egypt Kuwait Holding Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.77.


Egypt Kuwait Holding Co Inventory Turnover Historical Data

The historical data trend for Egypt Kuwait Holding Co's Inventory Turnover 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.

Egypt Kuwait Holding Co Inventory Turnover Chart

Egypt Kuwait Holding Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.19 6.17 5.70 3.92 3.86

Egypt Kuwait Holding Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Inventory Turnover 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 0.89 1.08 0.70 0.82 0.81

Egypt Kuwait Holding Co Inventory Turnover Calculation

Egypt Kuwait Holding Co's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Inventory Turnover (A: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2024 ) / ((Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count )
=19698.953 / ((3975.662 + 6229.56) / 2 )
=19698.953 / 5102.611
=3.86

Egypt Kuwait Holding Co's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover (Q: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2024 ) / ((Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count )
=5001.001 / ((6108.062 + 6229.56) / 2 )
=5001.001 / 6168.811
=0.81

* 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.


Egypt Kuwait Holding Co  (CAI:EKHOA) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Egypt Kuwait Holding Co's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=6168.811/5001.001*365 / 4
=112.56

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.

Egypt Kuwait Holding Co's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=6168.811 / 7983.733
=0.77

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Egypt Kuwait Holding Co Inventory Turnover Related Terms

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


Egypt Kuwait Holding Co Business Description

Traded in Other Exchanges
Address
14, Hassan Mohamed El Razzaz Street, Dokki, Agouza, Giza, EGY
Egypt Kuwait Holding Co is an investment company with a portfolio of companies that operate in oil and gas, fertilizers and petrochemicals, insurance, manufacturing, information technology, transportation, and infrastructure. The company operates in the business segments comprising the energy sector, fertilizers and chemicals; Non-banking sector; the Wood Processing sector, and other operations. The company generates maximum revenue from the Fertilizers and chemicals segment. The fertilizers and chemicals segment of the company encompasses products ranging from urea, ammonium nitrate, and formaldehyde flakes and Formica flakes.

Egypt Kuwait Holding Co Headlines

No Headlines