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Burgan Company for Well Drilling Trading and MaintenanceK (KUW:ABAR) Total Inventories : KWD11.66 Mil (As of Sep. 2024)


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What is Burgan Company for Well Drilling Trading and MaintenanceK Total Inventories?

Burgan Company for Well Drilling Trading and MaintenanceK's total inventories for the quarter that ended in Sep. 2024 was KWD11.66 Mil. Burgan Company for Well Drilling Trading and MaintenanceK's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was KWD11.64 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Burgan Company for Well Drilling Trading and MaintenanceK's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was KWD-0.42.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Burgan Company for Well Drilling Trading and MaintenanceK's Days Inventory for the three months ended in Sep. 2024 was 103.27.

Inventory Turnover measures how fast the company turns over its inventory within a year. Burgan Company for Well Drilling Trading and MaintenanceK's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.88.

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. Burgan Company for Well Drilling Trading and MaintenanceK's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.93.


Burgan Company for Well Drilling Trading and MaintenanceK Total Inventories Historical Data

The historical data trend for Burgan Company for Well Drilling Trading and MaintenanceK's Total Inventories 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.

Burgan Company for Well Drilling Trading and MaintenanceK Total Inventories Chart

Burgan Company for Well Drilling Trading and MaintenanceK Annual Data
Trend Mar13 Mar14 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.39 14.56 15.56 13.20 11.59

Burgan Company for Well Drilling Trading and MaintenanceK Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Inventories 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 13.16 12.41 11.59 11.62 11.66

Burgan Company for Well Drilling Trading and MaintenanceK Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Burgan Company for Well Drilling Trading and MaintenanceK  (KUW:ABAR) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Burgan Company for Well Drilling Trading and MaintenanceK's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

Net-Net Working Capital Per Share (Q: Sep. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6.537+0.75 * 7.664+0.5 * 11.664-125.332
-0-0)/255.362
=-0.42

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

Burgan Company for Well Drilling Trading and MaintenanceK's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=11.642/10.287*365 / 4
=103.27

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Burgan Company for Well Drilling Trading and MaintenanceK's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=10.287 / 11.642
=0.88

4. 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.

Burgan Company for Well Drilling Trading and MaintenanceK's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=11.642 / 12.467
=0.93

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Burgan Company for Well Drilling Trading and MaintenanceK Total Inventories Related Terms

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Burgan Company for Well Drilling Trading and MaintenanceK Business Description

Traded in Other Exchanges
N/A
Address
Al-Ahmadi, Street 306, Al Fahaheel, Block 3, P.O. Box 47143, West Industrial Shuaiba, Kuwait, KWT, 64022
Burgan Company for Well Drilling Trading and Maintenance SAK provides drilling, exploration, and maintenance services for oil and gas companies. The company offers development and exploratory services, as well as drilling and maintenance of oil and gas wells in Kuwait and internationally with the approval of the Ministry of Oil. It also establishes, participates in, or acquires affiliates as outlined in its Memorandum of Incorporation. Additionally, the company invests its financial surpluses in portfolios managed by specialized entities. Burgan Company serves its clients by drilling deep, medium, and shallow wells, as well as performing workover operations. Its primary operating segment is oil and gas well services.

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