National Bank of Ras Al-Khaimah PSC (ADX:RAKBANK) Change In Inventory : د.إ0 Mil (TTM As of Dec. 2023)

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What is National Bank of Ras Al-Khaimah PSC Change In Inventory?

National Bank of Ras Al-Khaimah PSC's change in inventory for the quarter that ended in Dec. 2023 was د.إ0 Mil. It means National Bank of Ras Al-Khaimah PSC's inventory stayed the same from Sep. 2023 to Dec. 2023 .

National Bank of Ras Al-Khaimah PSC's change in inventory for the fiscal year that ended in Dec. 2023 was د.إ0 Mil. It means National Bank of Ras Al-Khaimah PSC's inventory stayed the same from Dec. 2022 to Dec. 2023 .

National Bank of Ras Al-Khaimah PSC's Total Inventories for the quarter that ended in Dec. 2023 was د.إ0 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.

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. National Bank of Ras Al-Khaimah PSC's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

National Bank of Ras Al-Khaimah PSC Change In Inventory Historical Data

The historical data trend for National Bank of Ras Al-Khaimah PSC'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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National Bank of Ras Al-Khaimah PSC Change In Inventory Chart

National Bank of Ras Al-Khaimah PSC Annual Data

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Change In Inventory

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National Bank of Ras Al-Khaimah PSC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
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National Bank of Ras Al-Khaimah PSC 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.إ0 Mil.

National Bank of Ras Al-Khaimah PSC (ADX:RAKBANK) Change In Inventory Explanation

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

National Bank of Ras Al-Khaimah PSC's Days Inventory for the quarter that ended in is calculated as:

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

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

National Bank of Ras Al-Khaimah PSC's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=	N/A

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.

National Bank of Ras Al-Khaimah PSC's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	1002.983
	=	0.00

National Bank of Ras Al-Khaimah PSC Change In Inventory Related Terms

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National Bank of Ras Al-Khaimah PSC (ADX:RAKBANK) Business Description

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Address

Exit No. 129, Sheikh Mohammed Bin Zayed Road, P.O. Box 5300, Al Rifa Area, The National Bank of Ras Al Khaimah Building, Ras Al-Khaimah, ARE

Website

https://rakbank.ae

National Bank of Ras Al-Khaimah PSC is engaged in providing retail and commercial banking services in the UAE. The bank has operating segments namely Personal Banking, Wholesale Banking, Business Banking, Treasury and Insurance. It generates maximum revenue from the Retail banking segment. The company offers current, savings, call, and fixed deposit accounts, debit cards, credit cards, personal loans, and home loans among other services.

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