Kuwait Co for Process Plant Constructionntracting KPSC (KUW:KCPC) Inventory Turnover : 2.34 (As of Dec. 2023)

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What is Kuwait Co for Process Plant Constructionntracting KPSC 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 Co for Process Plant Constructionntracting KPSC's Cost of Goods Sold for the three months ended in Dec. 2023 was KWD7.58 Mil. Kuwait Co for Process Plant Constructionntracting KPSC's Average Total Inventories for the quarter that ended in Dec. 2023 was KWD3.24 Mil. Kuwait Co for Process Plant Constructionntracting KPSC's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kuwait Co for Process Plant Constructionntracting KPSC's Days Inventory for the three months ended in Dec. 2023 was 38.96.

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 Co for Process Plant Constructionntracting KPSC's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.38.

Kuwait Co for Process Plant Constructionntracting KPSC Inventory Turnover Historical Data

The historical data trend for Kuwait Co for Process Plant Constructionntracting KPSC'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 Co for Process Plant Constructionntracting KPSC Inventory Turnover Chart

Kuwait Co for Process Plant Constructionntracting KPSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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30.32

17.28

9.31

8.29

9.38

Kuwait Co for Process Plant Constructionntracting KPSC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															2.21	2.80	1.87	2.19	2.34

Kuwait Co for Process Plant Constructionntracting KPSC Inventory Turnover Calculation

Kuwait Co for Process Plant Constructionntracting KPSC's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	28.566	/ (	(2.608	+	3.484)	/	2 )
=	28.566	/	3.046
=	9.38

Kuwait Co for Process Plant Constructionntracting KPSC's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	7.58	/ (	(2.988	+	3.484)	/	2 )
=	7.58	/	3.236
=	2.34

Kuwait Co for Process Plant Constructionntracting KPSC (KUW:KCPC) 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 Co for Process Plant Constructionntracting KPSC's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	3.236	/	7.58	*	365 / 4
	=	38.96

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 Co for Process Plant Constructionntracting KPSC's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	3.236	/	8.434
	=	0.38

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 Co for Process Plant Constructionntracting KPSC Inventory Turnover Related Terms

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Kuwait Co for Process Plant Constructionntracting KPSC (KUW:KCPC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kuwait Co for Process Plant Construction & Contracting KPSC (KUW:KCPC) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shuwaikh Industrial No. 3, Makhfar Stree 30, P.O. Box: 3404, Near Shahrazad Round About, Safat, Kuwait City, KWT, 13035

Website

https://www.kcpc.com.kw

Kuwait Co for Process Plant Construction & Contracting KPSC is engaged in building, civil construction, and infrastructure development activities. Its services comprise Civil Engineering, Road and Infrastructure, Specialty Projects, Electrical Engineering, Engineering Products, Water Facilities, Building Transport Systems, Scaffolding & Equipment Rentals, and Marble & Natural Stone Products and Services. It operates in three segments: Construction, installation, and maintenance; Hotels; and Investment of surplus funds, of which all of its revenue comes from the Construction segment. The company's geographical segments are Kuwait, United Arab Emirates, Oman, and Lebanon.

Kuwait Co for Process Plant Constructionntracting KPSC (KUW:KCPC) Headlines

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