ADNOC Logistics & Services (ADX:ADNOCLS) Change In Inventory : د.إ-58 Mil (TTM As of Dec. 2023)

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What is ADNOC Logistics & Services Change In Inventory?

ADNOC Logistics & Services's change in inventory for the quarter that ended in Dec. 2023 was د.إ-58 Mil. It means ADNOC Logistics & Services's inventory increased by د.إ58 Mil from Dec. 2022 to Dec. 2023 .

ADNOC Logistics & Services's change in inventory for the fiscal year that ended in Dec. 2023 was د.إ-58 Mil. It means ADNOC Logistics & Services's inventory increased by د.إ58 Mil from Dec. 2022 to Dec. 2023 .

ADNOC Logistics & Services's Total Inventories for the quarter that ended in Dec. 2023 was د.إ443 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ADNOC Logistics & Services's Days Inventory for the quarter that ended in Dec. 2023 was 10.31.

Inventory Turnover measures how fast the company turns over its inventory within a year. ADNOC Logistics & Services's Inventory Turnover for the quarter that ended in Dec. 2023 was 17.70.

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. ADNOC Logistics & Services's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.04.

ADNOC Logistics & Services Change In Inventory Historical Data

The historical data trend for ADNOC Logistics & Services'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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ADNOC Logistics & Services Change In Inventory Chart

ADNOC Logistics & Services Annual Data

Trend

Dec21

Dec22

Dec23

Change In Inventory

-54.97

-138.94

-58.43

ADNOC Logistics & Services Semi-Annual Data
	Dec21	Dec22	Dec23
Change In Inventory	-54.97	-138.94	-58.43

ADNOC Logistics & Services Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 was د.إ-58 Mil.

ADNOC Logistics & Services (ADX:ADNOCLS) Change In Inventory Explanation

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

ADNOC Logistics & Services's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	415.5865	/	7357.927	*	365 / 2
	=	10.31

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

ADNOC Logistics & Services's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7357.927	/	415.5865
	=	17.70

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.

ADNOC Logistics & Services's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	415.5865	/	10119.786
	=	0.04

ADNOC Logistics & Services Change In Inventory Related Terms

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ADNOC Logistics & Services (ADX:ADNOCLS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » ADNOC Logistics & Services plc (ADX:ADNOCLS) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

Abu Dhabi Global Market Square, Part of Level 28, 28, Al Sarab Tower, Al Maryah Island, Abu Dhabi, ARE, 764649

Website

https://www.adnoc.ae

ADNOC Logistics & Services plc provides fully-integrated, end-to-end services to ADNOC Group companies and our extensive range of customers in the global energy maritime industry. Its business is organised into six operating segments plus others namely tankers, gas carriers, dry bulk shipping (which includes containers), offshore logistics services, onshore logistics services, marine services, and others.

ADNOC Logistics & Services (ADX:ADNOCLS) Headlines

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