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Ades Holding Co (SAU:2382) Inventory-to-Revenue : 0.26 (As of Jun. 2024)


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What is Ades Holding Co Inventory-to-Revenue?

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. Ades Holding Co's Average Total Inventories for the quarter that ended in Jun. 2024 was ﷼401 Mil. Ades Holding Co's Revenue for the three months ended in Jun. 2024 was ﷼1,525 Mil. Ades Holding Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.26.

Ades Holding Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 increased from Mar. 2024 (0.23) to Mar. 2024 (0.26)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ades Holding Co's Days Inventory for the three months ended in Jun. 2024 was 38.48.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ades Holding Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 2.37.


Ades Holding Co Inventory-to-Revenue Historical Data

The historical data trend for Ades Holding Co's Inventory-to-Revenue 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.

Ades Holding Co Inventory-to-Revenue Chart

Ades Holding Co Annual Data
Trend Dec23
Inventory-to-Revenue
0.08

Ades Holding Co Quarterly Data
Mar23 Jun23 Dec23 Mar24 Jun24
Inventory-to-Revenue - - - 0.23 0.26

Competitive Comparison of Ades Holding Co's Inventory-to-Revenue

For the Oil & Gas Drilling subindustry, Ades Holding Co's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ades Holding Co's Inventory-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ades Holding Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Ades Holding Co's Inventory-to-Revenue falls into.



Ades Holding Co Inventory-to-Revenue Calculation

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.

Ades Holding Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: . 20 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( ( + 331.892) / 1 ) / 4331.903
=331.892 / 4331.903
=0.08

Ades Holding Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue (Q: Jun. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Revenue (Q: Jun. 2024 )
=( (384.375 + 417.918) / 2 ) / 1525.287
=401.1465 / 1525.287
=0.26

* 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.


Ades Holding Co  (SAU:2382) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Ades Holding Co's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=401.1465/951.263*365 / 4
=38.48

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

Ades Holding Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=951.263 / 401.1465
=2.37

* 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.


Ades Holding Co Inventory-to-Revenue Related Terms

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Ades Holding Co Business Description

Traded in Other Exchanges
N/A
Address
7429 Prince turki street, Corniche District, Al Khobar, SAU, 2203
Ades Holding Co is a company whose main purpose is oil and gas drilling and production services providing in the MENA region. The Company's main activities are as follows which is Contracting services for excavation and maintenance of onshore and offshore wells, Services related to oil extraction, Excavation and onshore and offshore maintenance services. Provision of contracted offshore and onshore excavation services Provision of maintenance and production services.

Ades Holding Co Headlines

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