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Neft Alsharq Co For Chemical Industries (SAU:9605) Change In Inventory : ﷼0.07 Mil (TTM As of Jun. 2024)


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What is Neft Alsharq Co For Chemical Industries Change In Inventory?

Neft Alsharq Co For Chemical Industries's change in inventory for the quarter that ended in Jun. 2024 was ﷼0.07 Mil. It means Neft Alsharq Co For Chemical Industries's inventory declined by ﷼0.07 Mil from Jun. 2023 to Jun. 2024 .

Neft Alsharq Co For Chemical Industries's change in inventory for the fiscal year that ended in . 20 was ﷼0.00 Mil. It means Neft Alsharq Co For Chemical Industries's inventory stayed the same from . 20 to . 20 .

Neft Alsharq Co For Chemical Industries's Total Inventories for the quarter that ended in Jun. 2024 was ﷼7.42 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Neft Alsharq Co For Chemical Industries's Days Inventory for the quarter that ended in Jun. 2024 was 35.34.

Inventory Turnover measures how fast the company turns over its inventory within a year. Neft Alsharq Co For Chemical Industries's Inventory Turnover for the quarter that ended in Jun. 2024 was 5.16.

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. Neft Alsharq Co For Chemical Industries's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.16.

Neft Alsharq Co For Chemical Industries Change In Inventory Historical Data

The historical data trend for Neft Alsharq Co For Chemical Industries'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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Neft Alsharq Co For Chemical Industries Change In Inventory Chart

Neft Alsharq Co For Chemical Industries Annual Data
Trend
Change In Inventory

Neft Alsharq Co For Chemical Industries Semi-Annual Data
Jun23 Jun24
Change In Inventory -2.30 0.07

Neft Alsharq Co For Chemical Industries 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 ﷼0.07 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.

Neft Alsharq Co For Chemical Industries  (SAU:9605) Change In Inventory Explanation

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

Neft Alsharq Co For Chemical Industries's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=3.7115/19.167*365 / 2
=35.34

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

Neft Alsharq Co For Chemical Industries's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=19.167 / 3.7115
=5.16

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.

Neft Alsharq Co For Chemical Industries's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=3.7115 / 23.452
=0.16

* 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.

Neft Alsharq Co For Chemical Industries Change In Inventory Related Terms

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Neft Alsharq Co For Chemical Industries Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Neft Alsharq Co For Chemical Industries (SAU:9605) » Definitions » Change In Inventory
Comparable Companies
Traded in Other Exchanges
N/A
Address
Riyadh, Riyadh, SAU
Website
https://www.neftalsharq.com
Neft Alsharq Co For Chemical Industries is a Saudi company engaged in the manufacture and production of oils, industrial greases and motor fluids of all types and specifications.

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