GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Al-Jouf Agriculture Development Co (SAU:6070) » Definitions » Inventory-to-Revenue

Al-Jouf Agriculture Development Co (SAU:6070) Inventory-to-Revenue : 1.61 (As of Mar. 2024)


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

What is Al-Jouf Agriculture Development 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. Al-Jouf Agriculture Development Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ﷼258.3 Mil. Al-Jouf Agriculture Development Co's Revenue for the three months ended in Mar. 2024 was ﷼160.5 Mil. Al-Jouf Agriculture Development Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.61.

Al-Jouf Agriculture Development Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (2.14) to Dec. 2023 (1.61)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Al-Jouf Agriculture Development Co's Days Inventory for the three months ended in Mar. 2024 was 234.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. Al-Jouf Agriculture Development Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.39.


Al-Jouf Agriculture Development Co Inventory-to-Revenue Historical Data

The historical data trend for Al-Jouf Agriculture Development 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.

Al-Jouf Agriculture Development Co Inventory-to-Revenue Chart

Al-Jouf Agriculture Development Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.58 0.45 0.49 0.51

Al-Jouf Agriculture Development Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.05 4.44 1.73 2.14 1.61

Competitive Comparison of Al-Jouf Agriculture Development Co's Inventory-to-Revenue

For the Farm Products subindustry, Al-Jouf Agriculture Development 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.


Al-Jouf Agriculture Development Co's Inventory-to-Revenue Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Al-Jouf Agriculture Development Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Al-Jouf Agriculture Development Co's Inventory-to-Revenue falls into.



Al-Jouf Agriculture Development 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.

Al-Jouf Agriculture Development 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: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (188.05 + 246.316) / 2 ) / 426.435
=217.183 / 426.435
=0.51

Al-Jouf Agriculture Development Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (246.316 + 270.195) / 2 ) / 160.467
=258.2555 / 160.467
=1.61

* 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.


Al-Jouf Agriculture Development Co  (SAU:6070) 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.

Al-Jouf Agriculture Development Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=258.2555/100.384*365 / 4
=234.76

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

Al-Jouf Agriculture Development Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=100.384 / 258.2555
=0.39

* 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.


Al-Jouf Agriculture Development Co Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Al-Jouf Agriculture Development Co's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Al-Jouf Agriculture Development Co (SAU:6070) Business Description

Traded in Other Exchanges
N/A
Address
Aljaouf Province, Buseta Center, P.O. Box 321, Sakakah, SAU
Al-Jouf Agriculture Development Co is engaged in the production and sale of agricultural products in Saudi Arabia. The company's products include corns, potatoes, forage and fodder crops, watermelons, wheat, onions, barley, and maize; olives and olive oil products; fruits, such as dates, plums, peaches, apricots, grapes, and pears; honey products; and vegetables, including tomatoes, peppers, squashes, cucumbers, and eggplants, as well as operates nurseries to produce seedlings of fruits and olive trees.

Al-Jouf Agriculture Development Co (SAU:6070) Headlines

No Headlines