Abu Dhabi Ship Building PJSC (ADX:ADSB) Change In Inventory: د.إ1 Mil (TTM As of Dec. 2023)

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ADX:ADSB Abu Dhabi Ship Building PJSC ADX:ADSB
5 GF Score
Price د.إ8.03
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What is Abu Dhabi Ship Building PJSC Change In Inventory?

Abu Dhabi Ship Building PJSC ADX:ADSB -0.86% 5 Change In Inventory is د.إ1 Mil as of Dec. 2023. GuruFocus rates ADX:ADSB with a GF Score™ of 5/100.

Abu Dhabi Ship Building PJSC's change in inventory for the quarter that ended in Dec. 2023 was د.إ1 Mil. It means Abu Dhabi Ship Building PJSC's inventory declined by د.إ1 Mil from Dec. 2022 to Dec. 2023 .

Abu Dhabi Ship Building PJSC's change in inventory for the fiscal year that ended in Dec. 2023 was د.إ1 Mil. It means Abu Dhabi Ship Building PJSC's inventory declined by د.إ1 Mil from Dec. 2022 to Dec. 2023 .

Abu Dhabi Ship Building PJSC's Total Inventories for the quarter that ended in Dec. 2023 was د.إ25 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Abu Dhabi Ship Building PJSC's Days Inventory for the quarter that ended in Dec. 2023 was 4.11.

Inventory Turnover measures how fast the company turns over its inventory within a year. Abu Dhabi Ship Building PJSC's Inventory Turnover for the quarter that ended in Dec. 2023 was 44.42.

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. Abu Dhabi Ship Building PJSC's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

Abu Dhabi Ship Building PJSC  (ADX:ADSB) Change In Inventory Explanation

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

Abu Dhabi Ship Building 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
=25.518/1133.485*365 / 2
=4.11

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

Abu Dhabi Ship Building PJSC's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=1133.485 / 25.518
=44.42

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.

Abu Dhabi Ship Building PJSC's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=25.518 / 1257.547
=0.02

* 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.

Abu Dhabi Ship Building PJSC Change In Inventory Related Terms

Abu Dhabi Ship Building PJSC Change In Inventory Historical Data

* Premium members only.

The historical data trend for Abu Dhabi Ship Building 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.
* 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.

Abu Dhabi Ship Building PJSC Change In Inventory Chart

Abu Dhabi Ship Building PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.91 8.51 -4.39 -8.05 0.81

Abu Dhabi Ship Building PJSC Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.91 8.51 -4.39 -8.05 0.81
ADX:ADSB
5GF Score
Abu Dhabi Ship Building PJSC ADX:ADSB
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Abu Dhabi Ship Building PJSC 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.إ1 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of د.إ1 Mil mean?
Abu Dhabi Ship Building PJSC (ADX:ADSB) has a Change In Inventory of د.إ1 Mil as of Dec. 2023. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Abu Dhabi Ship Building PJSC and its competitors.
Is Abu Dhabi Ship Building PJSC's Change In Inventory too high?
Abu Dhabi Ship Building PJSC's current Change In Inventory is د.إ1 Mil. Overall, Abu Dhabi Ship Building PJSC has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Abu Dhabi Ship Building PJSC's Change In Inventory compare to GE and RTX?
Abu Dhabi Ship Building PJSC's Change In Inventory of د.إ1 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for an Aerospace & Defense company?
A good Change In Inventory depends on the Aerospace & Defense industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Abu Dhabi Ship Building PJSC and its competitors. Abu Dhabi Ship Building PJSC's current Change In Inventory is د.إ1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abu Dhabi Ship Building PJSC stock overvalued right now?
Abu Dhabi Ship Building PJSC (ADX:ADSB) has a current Change In Inventory of د.إ1 Mil. The current Change In Inventory is د.إ1 Mil. Abu Dhabi Ship Building PJSC's overall GF Score™ is 5/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Abu Dhabi Ship Building PJSC (ADX:ADSB), the current Change In Inventory is د.إ1 Mil as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Abu Dhabi Ship Building PJSC Business Description

Address Musafah Industrial Area, P.O. Box 8922, Abu Dhabi, ARE
Abu Dhabi Ship Building PJSC is a shipbuilder and support services contractor locally and internationally. Its operating segments include New Build and Engineering; Small Boats; Military Repairs and Maintenance; Commercial Repairs and Maintenance and Combat System Integration. It generates maximum revenue from the New Build and Engineering services segment. It provides the design, engineering, research and development, construction, commissioning, test and trials, ILS, upgrades, conversions, and consultancy services for military, commercial, and leisure vessels in any construction material.
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Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ8.03
Price