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Aqaseem Factory for Chemicals & Plastics Co (SAU:9539) Inventory-to-Revenue : 0.20 (As of Dec. 2023)


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What is Aqaseem Factory for Chemicals & Plastics 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. Aqaseem Factory for Chemicals & Plastics Co's Average Total Inventories for the quarter that ended in Dec. 2023 was ﷼15.2 Mil. Aqaseem Factory for Chemicals & Plastics Co's Revenue for the six months ended in Dec. 2023 was ﷼76.2 Mil. Aqaseem Factory for Chemicals & Plastics Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.20.

Aqaseem Factory for Chemicals & Plastics Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.22) to Jun. 2023 (0.20)

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. Aqaseem Factory for Chemicals & Plastics Co's Days Inventory for the six months ended in Dec. 2023 was 50.69.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aqaseem Factory for Chemicals & Plastics Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.60.


Aqaseem Factory for Chemicals & Plastics Co Inventory-to-Revenue Historical Data

The historical data trend for Aqaseem Factory for Chemicals & Plastics 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.

Aqaseem Factory for Chemicals & Plastics Co Inventory-to-Revenue Chart

Aqaseem Factory for Chemicals & Plastics Co Annual Data
Trend Dec21 Dec22 Dec23
Inventory-to-Revenue
0.15 0.11 0.11

Aqaseem Factory for Chemicals & Plastics Co Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial 0.27 0.25 0.21 0.22 0.20

Competitive Comparison of Aqaseem Factory for Chemicals & Plastics Co's Inventory-to-Revenue

For the Oil & Gas Refining & Marketing subindustry, Aqaseem Factory for Chemicals & Plastics 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.


Aqaseem Factory for Chemicals & Plastics Co's Inventory-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Aqaseem Factory for Chemicals & Plastics Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Aqaseem Factory for Chemicals & Plastics Co's Inventory-to-Revenue falls into.



Aqaseem Factory for Chemicals & Plastics 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.

Aqaseem Factory for Chemicals & Plastics 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 )
=( (16.579 + 15.208) / 2 ) / 150.83
=15.8935 / 150.83
=0.11

Aqaseem Factory for Chemicals & Plastics Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (0 + 15.208) / 1 ) / 76.211
=15.208 / 76.211
=0.20

* 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.


Aqaseem Factory for Chemicals & Plastics Co  (SAU:9539) 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.

Aqaseem Factory for Chemicals & Plastics Co's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=15.208/54.75*365 / 2
=50.69

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

Aqaseem Factory for Chemicals & Plastics Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=54.75 / 15.208
=3.60

* 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.


Aqaseem Factory for Chemicals & Plastics Co Inventory-to-Revenue Related Terms

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Aqaseem Factory for Chemicals & Plastics Co (SAU:9539) Business Description

Traded in Other Exchanges
N/A
Address
East Ring Road - between exit 17 and 18, Riyadh, SAU
Aqaseem Factory for Chemicals & Plastics Co manufactures oils and lubricants. Its product offering comprises a range of Automotive Lubricants, Industrial Lubricants, Marine Lubricants, and Grease. The firm offers Gasoline Engine oil, diesel engine oil, Gear oil, turbine oil, compressor oil, and hydraulic oil, among others.

Aqaseem Factory for Chemicals & Plastics Co (SAU:9539) Headlines

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