Gulf Hotels Group BSC (BAH:GHG) Change In Inventory : BHD0.76 Mil (TTM As of Mar. 2024)

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What is Gulf Hotels Group BSC Change In Inventory?

Gulf Hotels Group BSC's change in inventory for the quarter that ended in Mar. 2024 was BHD0.40 Mil. It means Gulf Hotels Group BSC's inventory declined by BHD0.40 Mil from Dec. 2023 to Mar. 2024 .

Gulf Hotels Group BSC's change in inventory for the fiscal year that ended in Dec. 2023 was BHD0.15 Mil. It means Gulf Hotels Group BSC's inventory declined by BHD0.15 Mil from Dec. 2022 to Dec. 2023 .

Gulf Hotels Group BSC's Total Inventories for the quarter that ended in Mar. 2024 was BHD2.55 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gulf Hotels Group BSC's Days Inventory for the quarter that ended in Mar. 2024 was 118.70.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gulf Hotels Group BSC's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.77.

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. Gulf Hotels Group BSC's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.31.

Gulf Hotels Group BSC Change In Inventory Historical Data

The historical data trend for Gulf Hotels Group BSC's Change In Inventory 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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Gulf Hotels Group BSC Change In Inventory Chart

Gulf Hotels Group BSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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0.30

0.40

0.94

-1.23

0.15

Gulf Hotels Group BSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-0.21	-0.22	0.30	0.28	0.40

Gulf Hotels Group BSC Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was BHD0.76 Mil.

Gulf Hotels Group BSC (BAH:GHG) Change In Inventory Explanation

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

Gulf Hotels Group BSC's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2.746	/	2.111	*	365 / 4
	=	118.70

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

Gulf Hotels Group BSC's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.111	/	2.746
	=	0.77

3. 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.

Gulf Hotels Group BSC's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.746	/	8.983
	=	0.31

Gulf Hotels Group BSC Change In Inventory Related Terms

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Gulf Hotels Group BSC (BAH:GHG) Business Description

Industry

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Address

P.O. Box 580, Manama, BHR

Website

http://www.gulfhotelsgroup.com

Gulf Hotels Group BSC is involved in providing hospitality services. The company owns and operates the Gulf Hotel and Crown Plaza Hotels in the Kingdom of Bahrain and Gulf Court Hotel Business Bay in Dubai, UAE, GHG Colombo in Sri Lanka. The company has three segments; Hotel operations including Hotel rooms and rental and executive apartments and offices, food and beverage including the sale of food and beverages, and convention operations, and Investments and other activities including Investment activities of the Group. The company generates revenue on letting hotel rooms and sale of food and beverages.