ForteBank JSC (XKAZ:ASBN) Change In Inventory : ₸0 Mil (TTM As of Mar. 2024)

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What is ForteBank JSC Change In Inventory?

ForteBank JSC's change in inventory for the quarter that ended in Mar. 2024 was ₸0 Mil. It means ForteBank JSC's inventory stayed the same from Dec. 2023 to Mar. 2024 .

ForteBank JSC's change in inventory for the fiscal year that ended in Dec. 2023 was ₸0 Mil. It means ForteBank JSC's inventory stayed the same from Dec. 2022 to Dec. 2023 .

ForteBank JSC's Total Inventories for the quarter that ended in Mar. 2024 was ₸0 Mil.

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

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

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. ForteBank JSC's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

ForteBank JSC Change In Inventory Historical Data

The historical data trend for ForteBank JSC'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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ForteBank JSC Change In Inventory Chart

ForteBank JSC Annual Data

Trend

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Change In Inventory

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ForteBank JSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

ForteBank JSC 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₸0 Mil.

ForteBank JSC (XKAZ:ASBN) Change In Inventory Explanation

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

ForteBank JSC's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	0	*	365 / 4
	=	N/A

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

ForteBank JSC's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=	N/A

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.

ForteBank JSC's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	64654
	=	0.00

ForteBank JSC Change In Inventory Related Terms

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ForteBank JSC (XKAZ:ASBN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ForteBank JSC (XKAZ:ASBN) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

Dostyk Street, 8/1, Astana, KAZ, 010017

Website

https://www.forte.bank

ForteBank JSC is a commercial bank based in Kazakhstan. It is a result of the merger of OJSC Semipalatinsk Municipal Joint Stock Bank and OJSC Irtyshbusinessbank. ForteBank's core services involve the provision of banking services to individuals and corporates. Its customers can also avail insurance coverage for deposits, depending upon a number of deposits. The group's primary business is related to commercial banking activities, granting of loans and guarantees, accepting deposits, exchanging foreign currencies, dealing with securities, transferring cash payments, as well as providing other banking services.

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