Oman Chromite CoOG (MUS:OCCI) Change In Inventory : ر.ع-0.08 Mil (TTM As of Mar. 2024)

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What is Oman Chromite CoOG Change In Inventory?

Oman Chromite CoOG's change in inventory for the quarter that ended in Mar. 2024 was ر.ع0.14 Mil. It means Oman Chromite CoOG's inventory declined by ر.ع0.14 Mil from Dec. 2023 to Mar. 2024 .

Oman Chromite CoOG's change in inventory for the fiscal year that ended in Dec. 2023 was ر.ع-0.04 Mil. It means Oman Chromite CoOG's inventory increased by ر.ع0.04 Mil from Dec. 2022 to Dec. 2023 .

Oman Chromite CoOG's Total Inventories for the quarter that ended in Mar. 2024 was ر.ع1.28 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Oman Chromite CoOG's Days Inventory for the quarter that ended in Mar. 2024 was 243.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. Oman Chromite CoOG's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.38.

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. Oman Chromite CoOG's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.35.

Oman Chromite CoOG Change In Inventory Historical Data

The historical data trend for Oman Chromite CoOG'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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Oman Chromite CoOG Change In Inventory Chart

Oman Chromite CoOG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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0.19

0.49

0.34

-0.55

-0.04

Oman Chromite CoOG Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															0.18	0.23	-0.18	-0.27	0.14

Oman Chromite CoOG 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 ر.ع-0.08 Mil.

Oman Chromite CoOG (MUS:OCCI) Change In Inventory Explanation

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

Oman Chromite CoOG's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1.348	/	0.506	*	365 / 4
	=	243.09

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

Oman Chromite CoOG's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.506	/	1.348
	=	0.38

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.

Oman Chromite CoOG's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.348	/	1.001
	=	1.35

Oman Chromite CoOG Change In Inventory Related Terms

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Oman Chromite CoOG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Oman Chromite Co SAOG (MUS:OCCI) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

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Address

NBO Building, 2nd Floor, Sohar, OMN

Website

https://www.omanchromite.com

Oman Chromite Co SAOG is engaged in the business of mining and marketing of chromite ore. The company extracts two types of chrome ore, namely metallic and refractory ore available from the mines in the north of the Sultanate. The company's products include Metallurgical grade ore and Refractory grade ore. Geographically presence in GCC (Oman), East Asia, Europe, South Africa, and Others.