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Gulf Hotels Group BSC (BAH:GHG) Total Inventories : BHD2.55 Mil (As of Mar. 2024)


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What is Gulf Hotels Group BSC Total Inventories?

Gulf Hotels Group BSC's total inventories for the quarter that ended in Mar. 2024 was BHD2.55 Mil. Gulf Hotels Group BSC's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was BHD2.75 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Gulf Hotels Group BSC's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was BHD0.01.

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 three months 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 Total Inventories Historical Data

The historical data trend for Gulf Hotels Group BSC'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.

Gulf Hotels Group BSC Total Inventories Chart

Gulf Hotels Group BSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.15 2.74 1.80 3.02 2.95

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
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 3.23 3.52 3.23 2.95 2.55

Gulf Hotels Group BSC 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.


Gulf Hotels Group BSC  (BAH:GHG) 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.

Gulf Hotels Group BSC's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6.355+0.75 * 1.641+0.5 * 2.547-5.993
-0-0)/225.995
=0.01

2. 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 three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=2.746/2.111*365 / 4
=118.70

3. 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 (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=2.111 / 2.746
=0.77

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.

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 (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=2.746 / 8.983
=0.31

* 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.


Gulf Hotels Group BSC Total Inventories Related Terms

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Gulf Hotels Group BSC (BAH:GHG) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 580, Manama, BHR
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.