Kuwait National Cinema Co (KUW:KCIN) Inventory Turnover : 7.81 (As of Dec. 2024)

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What is Kuwait National Cinema 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. Kuwait National Cinema Co's Cost of Goods Sold for the three months ended in Dec. 2024 was KWD5.39 Mil. Kuwait National Cinema Co's Average Total Inventories for the quarter that ended in Dec. 2024 was KWD0.69 Mil. Kuwait National Cinema Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 7.81.

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 three months ended in Dec. 2024 was 11.68.

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 quarter that ended in Dec. 2024 was 0.08.

Kuwait National Cinema Co Inventory Turnover Historical Data

The historical data trend for Kuwait National Cinema 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.

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Kuwait National Cinema Co Inventory Turnover Chart

Kuwait National Cinema Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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10.35

12.40

21.64

26.72

36.59

Kuwait National Cinema 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															5.68	6.60	9.36	8.90	7.81

Kuwait National Cinema Co Inventory Turnover Calculation

Kuwait National Cinema 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 )
=	24.243	/ (	(0.666	+	0.659)	/	2 )
=	24.243	/	0.6625
=	36.59

Kuwait National Cinema 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 )
=	5.39	/ (	(0.721	+	0.659)	/	2 )
=	5.39	/	0.69
=	7.81

Kuwait National Cinema Co (KUW:KCIN) 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.

Kuwait National Cinema 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
	=	0.69	/	5.39	*	365 / 4
	=	11.68

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 quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	0.69	/	8.865
	=	0.08

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.

Kuwait National Cinema Co Inventory Turnover Related Terms

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Kuwait National Cinema Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Kuwait National Cinema Co (KUW:KCIN) » Definitions » Inventory Turnover

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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

Website

https://www.cinescape.com.kw

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.

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