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ESG Emirates Stallions Group PJSC (ADX:ESG) Inventory-to-Revenue : 0.48 (As of Dec. 2023)


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What is ESG Emirates Stallions Group PJSC Inventory-to-Revenue?

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 Average Total Inventories for the quarter that ended in Dec. 2023 was د.إ100.2 Mil. ESG Emirates Stallions Group PJSC's Revenue for the three months ended in Dec. 2023 was د.إ209.1 Mil. 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's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (0.03) to Sep. 2023 (0.48)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

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 three months 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.


ESG Emirates Stallions Group PJSC Inventory-to-Revenue Historical Data

The historical data trend for ESG Emirates Stallions Group PJSC's Inventory-to-Revenue 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.

ESG Emirates Stallions Group PJSC Inventory-to-Revenue Chart

ESG Emirates Stallions Group PJSC Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
0.02 - 0.01 0.16

ESG Emirates Stallions Group PJSC Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.03 0.04 0.03 0.48

Competitive Comparison of ESG Emirates Stallions Group PJSC's Inventory-to-Revenue

For the Engineering & Construction subindustry, ESG Emirates Stallions Group PJSC's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ESG Emirates Stallions Group PJSC's Inventory-to-Revenue Distribution in the Construction Industry

For the Construction industry and Industrials sector, ESG Emirates Stallions Group PJSC's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where ESG Emirates Stallions Group PJSC's Inventory-to-Revenue falls into.



ESG Emirates Stallions Group PJSC Inventory-to-Revenue Calculation

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 fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (3.559 + 195.87) / 2 ) / 609.355
=99.7145 / 609.355
=0.16

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

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (4.537 + 195.87) / 2 ) / 209.137
=100.2035 / 209.137
=0.48

* 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.


ESG Emirates Stallions Group PJSC  (ADX:ESG) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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 three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*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 (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=136.193 / 100.2035
=1.36

* 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.


ESG Emirates Stallions Group PJSC Inventory-to-Revenue Related Terms

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

Traded in Other Exchanges
N/A
Address
Emirates Stallions Group, The Royal Group Building, PO Box 63811, 5th Floor, Abu Dhabi, ARE
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.

ESG Emirates Stallions Group PJSC (ADX:ESG) Headlines