Ghabbour Auto (Ghabbour Auto) Change In Inventory : $0.00 Mil (TTM As of Dec. 2023)

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What is Ghabbour Auto Change In Inventory?

Ghabbour Auto's change in inventory for the quarter that ended in Dec. 2023 was $0.00 Mil. It means Ghabbour Auto's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Ghabbour Auto's change in inventory for the fiscal year that ended in Dec. 2023 was $-71.30 Mil. It means Ghabbour Auto's inventory increased by $71.30 Mil from Dec. 2022 to Dec. 2023 .

Ghabbour Auto's Total Inventories for the quarter that ended in Dec. 2023 was $205.95 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ghabbour Auto's Days Inventory for the quarter that ended in Dec. 2023 was 87.12.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ghabbour Auto's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.05.

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. Ghabbour Auto's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.68.

Ghabbour Auto Change In Inventory Historical Data

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

Ghabbour Auto Annual Data

Trend

Dec14

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Dec16

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Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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63.96

27.72

-53.27

19.12

-71.30

Ghabbour Auto Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Ghabbour Auto 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 quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Ghabbour Auto (OTCPK:GBAXY) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	192.705	/	201.844	*	365 / 4
	=	87.12

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	201.844	/	192.705
	=	1.05

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	192.705	/	284.52
	=	0.68

Ghabbour Auto Change In Inventory Related Terms

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Ghabbour Auto (Ghabbour Auto) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ghabbour Auto (OTCPK:GBAXY) » Definitions » Change In Inventory

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GBCO:Egypt

Address

Alexandria Desert Road, Industrial Zone - Abou Rawash Kilo meter 28 Cairo, Giza, EGY

Website

https://www.gb-corporation.com

GB Corp is a company engaged in trading, distributing, and marketing of all transportation means including heavy trucks, semi-trucks, passenger cars, buses, minibuses, microbuses, agriculture tractors pick-ups, mechanical tools equipment for sail movement. It operates in segments that include Passenger cars engaged in trading, distributing, and marketing for all kinds of passenger cars including locally manufactured and imported cars. Buses and trucks segment, 2 & 3 Wheels, Financial Services non-Banking, and Other operations which includes trading spare parts, and accessories. The company derives the majority of its revenue from the Passenger car segment.