National Environmental Recycling Co (SAU:9540) Change In Inventory : ﷼-7.0 Mil (TTM As of Jun. 2024)

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What is National Environmental Recycling Co Change In Inventory?

National Environmental Recycling Co's change in inventory for the quarter that ended in Jun. 2024 was ﷼-7.0 Mil. It means National Environmental Recycling Co's inventory increased by ﷼7.0 Mil from Dec. 2023 to Jun. 2024 .

National Environmental Recycling Co's change in inventory for the fiscal year that ended in Dec. 2023 was ﷼0.0 Mil. It means National Environmental Recycling Co's inventory stayed the same from Dec. 2022 to Dec. 2023 .

National Environmental Recycling Co's Total Inventories for the quarter that ended in Jun. 2024 was ﷼103.7 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. National Environmental Recycling Co's Days Inventory for the quarter that ended in Jun. 2024 was 48.54.

Inventory Turnover measures how fast the company turns over its inventory within a year. National Environmental Recycling Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 3.76.

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. National Environmental Recycling Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.25.

National Environmental Recycling Co Change In Inventory Historical Data

The historical data trend for National Environmental Recycling 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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National Environmental Recycling Co Change In Inventory Chart

National Environmental Recycling Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-29.34

-24.76

National Environmental Recycling Co Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Inventory	Get a 7-Day Free Trial			-11.86	-12.90	-13.66	-	-6.97

National Environmental Recycling 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ﷼-7.0 Mil.

National Environmental Recycling Co (SAU:9540) Change In Inventory Explanation

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

National Environmental Recycling 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
	=	100.2165	/	376.817	*	365 / 2
	=	48.54

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

National Environmental Recycling Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	376.817	/	100.2165
	=	3.76

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.

National Environmental Recycling Co's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	100.2165	/	396.891
	=	0.25

National Environmental Recycling Co Change In Inventory Related Terms

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National Environmental Recycling Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » National Environmental Recycling Co (SAU:9540) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

7330, Wadi Waj Road, P.O. Box 3431, Al Malqa District, Riyadh, SAU, 3431-13524

Website

http://www.tadweeer.com

National Environmental Recycling Co provides environmental and safe solutions for the recycling of electronic and electrical equipment, which is in the Middle East and North Africa. Its operational areas comprise Ferrous recycling operations, Non-Ferrous recycling operations, Plastics recycling operations, and ITAD operations. Its recycling categories consist of Consumer and lighting equipment, Home appliances and electrical devices, Computers and their peripherals, televisions, monitors, radios and telephones, Medical equipment, and Surveillance and control equipment, among others.

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