Arab Aluminium Industry (AMM:AALU) Change In Inventory : JOD-0.21 Mil (TTM As of Mar. 2024)

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What is Arab Aluminium Industry Change In Inventory?

Arab Aluminium Industry's change in inventory for the quarter that ended in Mar. 2024 was JOD-0.04 Mil. It means Arab Aluminium Industry's inventory increased by JOD0.04 Mil from Dec. 2023 to Mar. 2024 .

Arab Aluminium Industry's change in inventory for the fiscal year that ended in Dec. 2023 was JOD0.04 Mil. It means Arab Aluminium Industry's inventory declined by JOD0.04 Mil from Dec. 2022 to Dec. 2023 .

Arab Aluminium Industry's Total Inventories for the quarter that ended in Mar. 2024 was JOD4.69 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Arab Aluminium Industry's Days Inventory for the quarter that ended in Mar. 2024 was 187.65.

Inventory Turnover measures how fast the company turns over its inventory within a year. Arab Aluminium Industry's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.49.

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. Arab Aluminium Industry's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.89.

Arab Aluminium Industry Change In Inventory Historical Data

The historical data trend for Arab Aluminium Industry'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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Arab Aluminium Industry Change In Inventory Chart

Arab Aluminium Industry Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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0.59

1.19

-0.94

-0.19

0.04

Arab Aluminium Industry Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															0.20	-0.21	0.10	-0.06	-0.04

Arab Aluminium Industry 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 JOD-0.21 Mil.

Arab Aluminium Industry (AMM:AALU) Change In Inventory Explanation

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

Arab Aluminium Industry's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	4.666	/	2.269	*	365 / 4
	=	187.65

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.269	/	4.666
	=	0.49

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.666	/	2.471
	=	1.89

Arab Aluminium Industry Change In Inventory Related Terms

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Arab Aluminium Industry (AMM:AALU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Arab Aluminium Industry (AMM:AALU) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ain El-Basha, P. O. Box 35042, Amman, JOR, 11180

Website

https://www.aralaluminum.com

Arab Aluminium Industry is engaged in producing all kinds of aluminum. The company manufactures aluminum, extrusion, cutting and pulling profiles, and manufacture raw materials for aluminum. Its products include a Sliding system, Curtain wall and shutters, Hinges system, and curtains. The company conducts operations in the Kingdom, representing local operations.

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