ESG Emirates Stallions Group PJSC (ADX:ESG) Change In Inventory : د.إ-23.0 Mil (TTM As of Dec. 2023)

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What is ESG Emirates Stallions Group PJSC Change In Inventory?

ESG Emirates Stallions Group PJSC's change in inventory for the quarter that ended in Dec. 2023 was د.إ-22.8 Mil. It means ESG Emirates Stallions Group PJSC's inventory increased by د.إ22.8 Mil from Sep. 2023 to Dec. 2023 .

ESG Emirates Stallions Group PJSC's change in inventory for the fiscal year that ended in Dec. 2023 was د.إ-23.5 Mil. It means ESG Emirates Stallions Group PJSC's inventory increased by د.إ23.5 Mil from Dec. 2022 to Dec. 2023 .

ESG Emirates Stallions Group PJSC's Total Inventories for the quarter that ended in Dec. 2023 was د.إ195.9 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ESG Emirates Stallions Group PJSC's Days Inventory for the quarter that ended in Dec. 2023 was 67.14.

Inventory Turnover measures how fast the company turns over its inventory within a year. ESG Emirates Stallions Group PJSC's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.36.

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. ESG Emirates Stallions Group PJSC's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.48.

ESG Emirates Stallions Group PJSC Change In Inventory Historical Data

The historical data trend for ESG Emirates Stallions Group PJSC'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.
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ESG Emirates Stallions Group PJSC Change In Inventory Chart

ESG Emirates Stallions Group PJSC Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Inventory

0.37

1.17

2.68

-23.47

ESG Emirates Stallions Group PJSC Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial							1.21	1.51	-	-0.18	-22.80

ESG Emirates Stallions Group PJSC 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ-23.0 Mil.

ESG Emirates Stallions Group PJSC (ADX:ESG) Change In Inventory Explanation

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

ESG Emirates Stallions Group PJSC's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	100.2035	/	136.193	*	365 / 4
	=	67.14

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

ESG Emirates Stallions Group PJSC's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	136.193	/	100.2035
	=	1.36

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.

ESG Emirates Stallions Group PJSC's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	100.2035	/	209.137
	=	0.48

ESG Emirates Stallions Group PJSC Change In Inventory Related Terms

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ESG Emirates Stallions Group PJSC (ADX:ESG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » ESG Emirates Stallions Group PJSC (ADX:ESG) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Emirates Stallions Group, The Royal Group Building, PO Box 63811, 5th Floor, Abu Dhabi, ARE

Website

https://www.esguae.com

ESG Emirates Stallions Group PJSC main activities are buying, selling, and dividing plots and real estates, management and leasing of real estate and developing real estate, management services of companies and private institutions, performing technical, commercial, and contracting services. The operating segments of company are Contracting & consultancy, Landscaping & Business process/manpower outsourcing.