Saudi Arabian Mining Co (SAU:1211) Change In Inventory : ﷼-309 Mil (TTM As of Dec. 2023)

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What is Saudi Arabian Mining Co Change In Inventory?

Saudi Arabian Mining Co's change in inventory for the quarter that ended in Dec. 2023 was ﷼252 Mil. It means Saudi Arabian Mining Co's inventory declined by ﷼252 Mil from Sep. 2023 to Dec. 2023 .

Saudi Arabian Mining Co's change in inventory for the fiscal year that ended in Dec. 2023 was ﷼-309 Mil. It means Saudi Arabian Mining Co's inventory increased by ﷼309 Mil from Dec. 2022 to Dec. 2023 .

Saudi Arabian Mining Co's Total Inventories for the quarter that ended in Dec. 2023 was ﷼7,200 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Saudi Arabian Mining Co's Days Inventory for the quarter that ended in Dec. 2023 was 127.21.

Inventory Turnover measures how fast the company turns over its inventory within a year. Saudi Arabian Mining Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.72.

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. Saudi Arabian Mining Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.91.

Saudi Arabian Mining Co Change In Inventory Historical Data

The historical data trend for Saudi Arabian Mining Co'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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Saudi Arabian Mining Co Change In Inventory Chart

Saudi Arabian Mining Co Annual Data

Trend

Dec14

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Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-953.26

-169.30

-992.54

-57.21

-308.72

Saudi Arabian Mining Co 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															468.38	-38.88	-502.95	-19.05	252.16

Saudi Arabian Mining Co 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 ﷼-309 Mil.

Saudi Arabian Mining Co (SAU:1211) Change In Inventory Explanation

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

Saudi Arabian Mining Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	7319.5805	/	5250.625	*	365 / 4
	=	127.21

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

Saudi Arabian Mining Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5250.625	/	7319.5805
	=	0.72

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.

Saudi Arabian Mining Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7319.5805	/	8034.567
	=	0.91

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Saudi Arabian Mining Co (SAU:1211) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Saudi Arabian Mining Co (SAU:1211) » Definitions » Change In Inventory

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Address

Abi Bakr Asseddiq Road, North Ring Road, Building Number 395, P.O. BOX 68861, South Exit 6, Riyadh, SAU, 11537

Website

https://www.maaden.com.sa

Saudi Arabian Mining Co, along with its subsidiaries, is involved in the development of mineral resources in Saudi Arabia. Its activities include mining of gold, phosphate rock, bauxite, low-grade bauxite, kaolin, and magnesite. It carries out its mining activities at Mahd Ad-Dahab, Bulghah, Al-Amar, Sukhaybarat, As Suq, Ad Duwayhi, Al-Jalamid, Al-Khabra, Az Zabirah, Al-Ghazallah, and Al-Ba'itha mines. It operates through various segments such as phosphate, aluminum, precious & base metals, and corporate. Its geographical segments are Europe, Spain, and the Indian Subcontinent.

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