Auto Nejma (CAS:NEJ) Change In Inventory : MAD0 Mil (TTM As of Dec. 2023)

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What is Auto Nejma Change In Inventory?

Auto Nejma's change in inventory for the quarter that ended in Dec. 2023 was MAD0 Mil. It means Auto Nejma's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Auto Nejma's change in inventory for the fiscal year that ended in Dec. 2023 was MAD0 Mil. It means Auto Nejma's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Auto Nejma's Total Inventories for the quarter that ended in Dec. 2023 was MAD888 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Auto Nejma's Days Inventory for the quarter that ended in Dec. 2023 was 150.43.

Inventory Turnover measures how fast the company turns over its inventory within a year. Auto Nejma's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.21.

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. Auto Nejma's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.63.

Auto Nejma Change In Inventory Historical Data

The historical data trend for Auto Nejma'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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Auto Nejma Change In Inventory Chart

Auto Nejma Annual Data

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Change In Inventory

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Auto Nejma Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Auto Nejma 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 semi-annually data reported by the company within the most recent 12 months, which was MAD0 Mil.

Auto Nejma (CAS:NEJ) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	753.2905	/	913.874	*	365 / 2
	=	150.43

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

Auto Nejma's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	913.874	/	753.2905
	=	1.21

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.

Auto Nejma's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	753.2905	/	1186.711
	=	0.63

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Auto Nejma (CAS:NEJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Auto Nejma (CAS:NEJ) » Definitions » Change In Inventory

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Address

Km 10, El Jadida Road, Casablanca, MAR, 20230

Website

http://www.autonejma.ma

Auto Nejma is an automobile distributor in Morocco. The company imports and markets vehicles, spare parts and car accessories. It represents the Mercedes-Benz private and commercial vehicle brands, SsangYong and Mahindra in Morocco.

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