Bena Steel Industries Co (SAU:9563) Change In Inventory : ﷼5.3 Mil (TTM As of Jun. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Bena Steel Industries Co Change In Inventory?

Bena Steel Industries Co's change in inventory for the quarter that ended in Jun. 2024 was ﷼5.3 Mil. It means Bena Steel Industries Co's inventory declined by ﷼5.3 Mil from Jun. 2023 to Jun. 2024 .

Bena Steel Industries Co's change in inventory for the fiscal year that ended in . 20 was ﷼0.0 Mil. It means Bena Steel Industries Co's inventory stayed the same from . 20 to . 20 .

Bena Steel Industries Co's Total Inventories for the quarter that ended in Jun. 2024 was ﷼103.8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Bena Steel Industries Co's Days Inventory for the quarter that ended in Jun. 2024 was 112.18.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bena Steel Industries Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.63.

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. Bena Steel Industries Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.55.

Bena Steel Industries Co Change In Inventory Historical Data

The historical data trend for Bena Steel Industries 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.

Bena Steel Industries Co Change In Inventory Chart

Bena Steel Industries Co Annual Data

Trend

Change In Inventory

Bena Steel Industries Co Semi-Annual Data
	Jun22	Jun23	Jun24
Change In Inventory	-41.28	-3.70	5.31

Bena Steel Industries 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 ﷼5.3 Mil.

Bena Steel Industries Co (SAU:9563) Change In Inventory Explanation

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

Bena Steel Industries 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
	=	105.516	/	171.666	*	365 / 2
	=	112.18

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

Bena Steel Industries Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	171.666	/	105.516
	=	1.63

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.

Bena Steel Industries Co's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	105.516	/	191.379
	=	0.55

Bena Steel Industries Co Change In Inventory Related Terms

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

Bena Steel Industries Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Bena Steel Industries Co (SAU:9563) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

4781 King Fahad Ibn Abdulaziz Road 34th Street, 1st Industrial City, Dammam, SAU, 32234-7789

Website

https://www.benasteel.com

Bena Steel Industries Co is engaged in the production of galva ribbed, metal structures and metal sheets, ribbed and non-ribbed sheets, pre-painted corrugated sheets, electro plated steel, silicon steel, as well as aluminum. It also manufactures ERW pipes & tubes and produces tape rolls, rods, skewers, angles, Wheelbarrow, wires, and clips of all shapes and sizes. .

Bena Steel Industries Co Headlines

No Headlines