Professional Medical Expertise Co (SAU:9574) Change In Inventory : ﷼0.0 Mil (TTM As of Dec. 2022)

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What is Professional Medical Expertise Co Change In Inventory?

Professional Medical Expertise Co's change in inventory for the quarter that ended in Dec. 2022 was ﷼0.0 Mil. It means Professional Medical Expertise Co's inventory stayed the same from . 20 to Dec. 2022 .

Professional Medical Expertise Co's change in inventory for the fiscal year that ended in Dec. 2023 was ﷼-40.4 Mil. It means Professional Medical Expertise Co's inventory increased by ﷼40.4 Mil from Dec. 2022 to Dec. 2023 .

Professional Medical Expertise Co's Total Inventories for the quarter that ended in Dec. 2022 was ﷼73.4 Mil.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Professional Medical Expertise Co's Inventory Turnover for the quarter that ended in Dec. 2022 was 0.00.

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.

Professional Medical Expertise Co Change In Inventory Historical Data

The historical data trend for Professional Medical Expertise Co'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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Professional Medical Expertise Co Change In Inventory Chart

Professional Medical Expertise Co Annual Data

Trend

Dec22

Dec23

Change In Inventory

-25.19

-40.43

Professional Medical Expertise Co Quarterly Data
	Dec22	Dec23
Change In Inventory	-	-

Professional Medical Expertise Co 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼0.0 Mil.

Professional Medical Expertise Co (SAU:9574) Change In Inventory Explanation

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

Professional Medical Expertise Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	36.7215	/	0	*	365 / 4
	=	N/A

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

Professional Medical Expertise Co's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	36.7215
	=	0.00

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.

Professional Medical Expertise Co's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	36.7215	/	0
	=	N/A

Professional Medical Expertise Co Change In Inventory Related Terms

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Professional Medical Expertise Co (SAU:9574) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Professional Medical Expertise Co (SAU:9574) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prince Saud Al-Faisal Street, Office No. 503, 5th Floor, Rawdah Bussiness Center, Rawdah District, Jeddah, SAU, 23434

Website

https://www.promedex.com

Professional Medical Expertise Co is a medical devices distributor in the Saudi market, representing selected top-notch quality suppliers of inventive state of the art medical technologies. The Company's current activities comprise the import and export of medical implants, devices and high-tech consumables and their sale to private and public hospitals and medical centers throughout the Kingdom. It activities consist of the following: Agents involved in the sale of medicines, Drug warehouse activities, Retail sale of medical equipment, tools and supplies, Medical Devices warehouse activities and Legal representation of medical products and devices' manufacturers.

Professional Medical Expertise Co (SAU:9574) Headlines

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