Union Coop (DFM:UNIONCOOP) Change In Inventory : د.إ-8 Mil (TTM As of Dec. 2023)

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What is Union Coop Change In Inventory?

Union Coop's change in inventory for the quarter that ended in Dec. 2023 was د.إ31 Mil. It means Union Coop's inventory declined by د.إ31 Mil from Jun. 2023 to Dec. 2023 .

Union Coop's change in inventory for the fiscal year that ended in Dec. 2023 was د.إ-8 Mil. It means Union Coop's inventory increased by د.إ8 Mil from Dec. 2022 to Dec. 2023 .

Union Coop's Total Inventories for the quarter that ended in Dec. 2023 was د.إ285 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Union Coop's Days Inventory for the quarter that ended in Dec. 2023 was 58.81.

Inventory Turnover measures how fast the company turns over its inventory within a year. Union Coop's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.10.

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. Union Coop's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.35.

Union Coop Change In Inventory Historical Data

The historical data trend for Union Coop'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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Union Coop Change In Inventory Chart

Union Coop Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-70.11

-12.71

-5.39

-7.63

Union Coop Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial			-	-42.58	37.19	-38.89	31.25

Union Coop 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 د.إ-8 Mil.

Union Coop (DFM:UNIONCOOP) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	300.837	/	933.529	*	365 / 2
	=	58.81

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	933.529	/	300.837
	=	3.10

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	300.837	/	858.605
	=	0.35

Union Coop Change In Inventory Related Terms

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Union Coop (DFM:UNIONCOOP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Union Coop (DFM:UNIONCOOP) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

The Tripoli Street, Al Warqa - 3, Dubai, ARE

Website

https://corporate.unioncoop.ae/ar/

Union Coop is engaged in establishing and managing hypermarkets in the United Arab Emirates. The company has 26 branches, and owns five shopping centers: Al Warqa City Mall, Etihad Mall, Al Barsha South Mall, Al Barsha South Mall and Nad Al Hamar Mall, and launched a chain of stores under the name of Coop, representing new concepts of shopping, as it includes four outlets in addition to one branch of the Mini Coop chain, and Union Coop is the first consumer cooperative in the Middle East to include the concept of smart shopping.

Union Coop (DFM:UNIONCOOP) Headlines

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