View United Real Estate Development Co (SAU:9591) Change In Inventory : ﷼-17.30 Mil (TTM As of Jun. 2024)

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What is View United Real Estate Development Co Change In Inventory?

View United Real Estate Development Co's change in inventory for the quarter that ended in Jun. 2024 was ﷼-42.18 Mil. It means View United Real Estate Development Co's inventory increased by ﷼42.18 Mil from Dec. 2023 to Jun. 2024 .

View United Real Estate Development Co's change in inventory for the fiscal year that ended in Dec. 2023 was ﷼19.50 Mil. It means View United Real Estate Development Co's inventory declined by ﷼19.50 Mil from Dec. 2022 to Dec. 2023 .

View United Real Estate Development Co's Total Inventories for the quarter that ended in Jun. 2024 was ﷼51.42 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. View United Real Estate Development Co's Days Inventory for the quarter that ended in Jun. 2024 was 242.73.

Inventory Turnover measures how fast the company turns over its inventory within a year. View United Real Estate Development Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.75.

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. View United Real Estate Development Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.99.

View United Real Estate Development Co Change In Inventory Historical Data

The historical data trend for View United Real Estate Development 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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View United Real Estate Development Co Change In Inventory Chart

View United Real Estate Development Co Annual Data

Trend

Dec22

Dec23

Change In Inventory

-8.50

19.50

View United Real Estate Development Co Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24
Change In Inventory	-	-5.38	24.87	-42.18

View United Real Estate Development 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 ﷼-17.30 Mil.

View United Real Estate Development Co (SAU:9591) Change In Inventory Explanation

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

View United Real Estate Development 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
	=	30.178	/	22.69	*	365 / 2
	=	242.73

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

View United Real Estate Development Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	22.69	/	30.178
	=	0.75

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.

View United Real Estate Development Co's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	30.178	/	30.402
	=	0.99

View United Real Estate Development Co Change In Inventory Related Terms

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View United Real Estate Development Co Business Description

Industry

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Traded in Other Exchanges

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Address

3898 Anas Bin Malik Road, Al Yasmeen District 6577, Riyadh, SAU, 13325

Website

https://www.view.sa

View United Real Estate Development Co is a real estate development company relying on high expertise and modern technology in all stages of development and implementation to reach the architectural and construction design. The company's business activities consists of construction of residential buildings, general construction of non-residential buildings such as schools, hospitals, and hotels, purchasing and selling land and properties, off-plan sales, and management and leasing of owned or leased residential and non-residential properties.

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