Bank of Africa (LSE:BOAR) Change In Inventory : $0 Mil (TTM As of Dec. 2023)

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What is Bank of Africa Change In Inventory?

Bank of Africa's change in inventory for the quarter that ended in Dec. 2023 was $0 Mil. It means Bank of Africa's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Bank of Africa's change in inventory for the fiscal year that ended in Dec. 2023 was $0 Mil. It means Bank of Africa's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Bank of Africa's Total Inventories for the quarter that ended in Dec. 2023 was $0 Mil.

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

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

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. Bank of Africa's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Bank of Africa Change In Inventory Historical Data

The historical data trend for Bank of Africa'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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Bank of Africa Change In Inventory Chart

Bank of Africa Annual Data

Trend

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Change In Inventory

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Bank of Africa 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															-	-	-	-	-

Bank of Africa 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 Mil.

Bank of Africa (LSE:BOAR) Change In Inventory Explanation

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

Bank of Africa's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	0	*	365 / 4
	=	N/A

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

Bank of Africa's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=	N/A

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.

Bank of Africa's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	461.96
	=	0.00

Bank of Africa Change In Inventory Related Terms

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Bank of Africa (LSE:BOAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Africa (LSE:BOAR) » Definitions » Change In Inventory

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BOA:Morocco

Address

140 Avenue Hassan II, Casablanca, MAR, 20000

Website

https://www.ir-bankofafrica.ma

Bank of Africa, formerly Banque Marocaine Du Commerce Exterieur SA is a full-service commercial bank with operations in Morocco and neighboring countries in Africa but also in Europe, China, and Canada. It offers a range of financial services to individual, corporate, and professional clients, including banking, insurance, and asset management. Its products include accounts, credit cards, loans, and other savings and investment products. The bank focuses on developing its core business with stronger market penetration of small and medium-sized businesses and younger customers.

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