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Saudi Top for Trading Co (SAU:9552) Change In Inventory : ﷼-14.0 Mil (TTM As of Jun. 2024)


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What is Saudi Top for Trading Co Change In Inventory?

Saudi Top for Trading Co's change in inventory for the quarter that ended in Jun. 2024 was ﷼-11.6 Mil. It means Saudi Top for Trading Co's inventory increased by ﷼11.6 Mil from Dec. 2023 to Jun. 2024 .

Saudi Top for Trading Co's change in inventory for the fiscal year that ended in Dec. 2023 was ﷼0.2 Mil. It means Saudi Top for Trading Co's inventory declined by ﷼0.2 Mil from Dec. 2022 to Dec. 2023 .

Saudi Top for Trading Co's Total Inventories for the quarter that ended in Jun. 2024 was ﷼52.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Saudi Top for Trading Co's Days Inventory for the quarter that ended in Jun. 2024 was 133.58.

Inventory Turnover measures how fast the company turns over its inventory within a year. Saudi Top for Trading Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.37.

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 Top for Trading Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.63.

Saudi Top for Trading Co Change In Inventory Historical Data

The historical data trend for Saudi Top for Trading 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.

Saudi Top for Trading Co Change In Inventory Chart

Saudi Top for Trading Co Annual Data
Trend Dec21 Dec22 Dec23
Change In Inventory
- -10.57 0.18

Saudi Top for Trading Co Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Change In Inventory Get a 7-Day Free Trial -4.93 -5.64 2.64 -2.46 -11.58

Saudi Top for Trading 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 ﷼-14.0 Mil.

* 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.

Saudi Top for Trading Co  (SAU:9552) Change In Inventory Explanation

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

Saudi Top for Trading 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
=46.2465/63.183*365 / 2
=133.58

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

Saudi Top for Trading Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=63.183 / 46.2465
=1.37

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 Top for Trading Co's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=46.2465 / 73.983
=0.63

* 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.

Saudi Top for Trading Co Change In Inventory Related Terms

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Saudi Top for Trading Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Saudi Top for Trading Co (SAU:9552) » Definitions » Change In Inventory
Comparable Companies
SAU:9548 SAU:9607 SAU:9623 SAU:9605 SAU:9525 LIN XPAR:AI SHW ECL APD XSWX:GIVN ISX:TPIA XSWX:SIKA OCSE:NSIS B XAMS:DSFIR DD BOM:500820 SHSE:600309 PPG ADX:BOROUGE
Traded in Other Exchanges
N/A
Address
3776 Eastern Ring Road, Alnoor District, Riyadh, SAU, 14321
Website
https://www.stp.com.sa
Saudi Top for Trading Co is engaged in the plastic raw materials business as a trading company or manufacturer and also an authorized distributor for petrochemical-producing companies. The company's product portfolio includes Polyethylene WAX, Polyethylene, Polyethylene Terephthalate, Thermoplastic Elastomers, Styrenics, Polypropylene Rubber, and Engineering Polymers.

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