Borouge (ADX:BOROUGE) Change In Inventory : د.إ-74 Mil (TTM As of Mar. 2024)

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What is Borouge Change In Inventory?

Borouge's change in inventory for the quarter that ended in Mar. 2024 was د.إ-85 Mil. It means Borouge's inventory increased by د.إ85 Mil from Dec. 2023 to Mar. 2024 .

Borouge's change in inventory for the fiscal year that ended in Dec. 2023 was د.إ2 Mil. It means Borouge's inventory declined by د.إ2 Mil from Dec. 2022 to Dec. 2023 .

Borouge's Total Inventories for the quarter that ended in Mar. 2024 was د.إ2,455 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Borouge's Days Inventory for the quarter that ended in Mar. 2024 was 82.13.

Inventory Turnover measures how fast the company turns over its inventory within a year. Borouge's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.11.

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. Borouge's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.50.

Borouge Change In Inventory Historical Data

The historical data trend for Borouge'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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Borouge Change In Inventory Chart

Borouge Annual Data

Trend

Dec21

Dec22

Dec23

Change In Inventory

2.00

Borouge Quarterly Data
	Mar21	Dec21	Mar22	Sep22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial				-9.04	-150.98	138.26	23.76	-84.62

Borouge 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ-74 Mil.

Borouge (ADX:BOROUGE) Change In Inventory Explanation

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

Borouge's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2412.276	/	2680.227	*	365 / 4
	=	82.13

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

Borouge's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2680.227	/	2412.276
	=	1.11

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.

Borouge's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2412.276	/	4782.914
	=	0.50

Borouge Change In Inventory Related Terms

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Borouge (ADX:BOROUGE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Borouge Plc (ADX:BOROUGE) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

El Corniche Street, PO Box 6925, Borouge Tower, Sheikh Khalifa Energy Complex, Abu Dhabi, ARE

Website

https://www.borouge.com

Borouge Plc petrochemical company that provides innovative solutions of polyolefins such as polyethylene and polypropylene for a wide range of industries such as packaging, infrastructure, energy, mobility, agriculture, and healthcare.

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