Arabian Contracting Services Co (SAU:4071) Change In Inventory : ﷼-27 Mil (TTM As of Sep. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Arabian Contracting Services Co Change In Inventory?

Arabian Contracting Services Co's change in inventory for the quarter that ended in Sep. 2024 was ﷼-23 Mil. It means Arabian Contracting Services Co's inventory increased by ﷼23 Mil from Jun. 2024 to Sep. 2024 .

Arabian Contracting Services Co's change in inventory for the fiscal year that ended in Dec. 2023 was ﷼-1 Mil. It means Arabian Contracting Services Co's inventory increased by ﷼1 Mil from Dec. 2022 to Dec. 2023 .

Arabian Contracting Services Co's Total Inventories for the quarter that ended in Sep. 2024 was ﷼43 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Arabian Contracting Services Co's Days Inventory for the quarter that ended in Sep. 2024 was 11.21.

Inventory Turnover measures how fast the company turns over its inventory within a year. Arabian Contracting Services Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 8.14.

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. Arabian Contracting Services Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.09.

Arabian Contracting Services Co Change In Inventory Historical Data

The historical data trend for Arabian Contracting Services 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.

* Premium members only.

Arabian Contracting Services Co Change In Inventory Chart

Arabian Contracting Services Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-2.64

0.66

-2.68

-0.68

Arabian Contracting Services Co Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Inventory	Get a 7-Day Free Trial											0.79	-1.52	-1.13	-1.11	-23.11

Arabian Contracting Services 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼-27 Mil.

Arabian Contracting Services Co (SAU:4071) Change In Inventory Explanation

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

Arabian Contracting Services 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
	=	31.141	/	253.482	*	365 / 4
	=	11.21

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

Arabian Contracting Services Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	253.482	/	31.141
	=	8.14

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.

Arabian Contracting Services Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	31.141	/	352.881
	=	0.09

Arabian Contracting Services Co Change In Inventory Related Terms

Thank you for viewing the detailed overview of Arabian Contracting Services Co's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Arabian Contracting Services Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Arabian Contracting Services Co (SAU:4071) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Olaya Towers, Tower B, Floor 33, P.O.Box 55905, Riyadh, SAU, 11544

Website

https://www.al-arabia.com

Arabian Contracting Services Co in setting up and operating outdoor advertising billboards, including roadside advertising and indoor advertising. In roadside advertising, the company participates in the tenders organized by various secretariat, municipalities, and government agencies in all provinces and cities of Saudi Arabia to lease and invest in the many sites belonging to these agencies and secretariat by installing billboards in them and selling these billboards advertising spaces to their clients.

Arabian Contracting Services Co Headlines

No Headlines