AlMuneef Co For Trade Industry Agriculture And Contracting (SAU:9569) Inventory-to-Revenue : 0.25 (As of Dec. 2023)

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What is AlMuneef Co For Trade Industry Agriculture And Contracting 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. AlMuneef Co For Trade Industry Agriculture And Contracting's Average Total Inventories for the quarter that ended in Dec. 2023 was ﷼30.1 Mil. AlMuneef Co For Trade Industry Agriculture And Contracting's Revenue for the six months ended in Dec. 2023 was ﷼122.0 Mil. AlMuneef Co For Trade Industry Agriculture And Contracting's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.25.

AlMuneef Co For Trade Industry Agriculture And Contracting's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Jun. 2023 (0.21) to Jun. 2023 (0.25)

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. AlMuneef Co For Trade Industry Agriculture And Contracting's Days Inventory for the six months ended in Dec. 2023 was 50.78.

Inventory Turnover measures how fast the company turns over its inventory within a year. AlMuneef Co For Trade Industry Agriculture And Contracting's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.59.

AlMuneef Co For Trade Industry Agriculture And Contracting Inventory-to-Revenue Historical Data

The historical data trend for AlMuneef Co For Trade Industry Agriculture And Contracting'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.

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AlMuneef Co For Trade Industry Agriculture And Contracting Inventory-to-Revenue Chart

AlMuneef Co For Trade Industry Agriculture And Contracting Annual Data

Trend

Dec21

Dec22

Dec23

Inventory-to-Revenue

0.06

0.13

AlMuneef Co For Trade Industry Agriculture And Contracting Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Inventory-to-Revenue	-	0.16	0.21	0.25

Competitive Comparison of AlMuneef Co For Trade Industry Agriculture And Contracting's Inventory-to-Revenue

For the Agricultural Inputs subindustry, AlMuneef Co For Trade Industry Agriculture And Contracting'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.

AlMuneef Co For Trade Industry Agriculture And Contracting's Inventory-to-Revenue Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, AlMuneef Co For Trade Industry Agriculture And Contracting's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where AlMuneef Co For Trade Industry Agriculture And Contracting's Inventory-to-Revenue falls into.

AlMuneef Co For Trade Industry Agriculture And Contracting Inventory-to-Revenue Calculation

AlMuneef Co For Trade Industry Agriculture And Contracting'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 )
=	( (26.581	+	34.914)	/	2 )	/	246.296
=	30.7475					/	246.296
=	0.12

AlMuneef Co For Trade Industry Agriculture And Contracting'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 )
=	( (25.3	+	34.914)	/	2 )	/	121.958
=	30.107					/	121.958
=	0.25

AlMuneef Co For Trade Industry Agriculture And Contracting (SAU:9569) Inventory-to-Revenue Explanation

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

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.

AlMuneef Co For Trade Industry Agriculture And Contracting'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
	=	30.107	/	108.206	*	365 / 2
	=	50.78

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

AlMuneef Co For Trade Industry Agriculture And Contracting'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 )
	=	108.206	/	30.107
	=	3.59

AlMuneef Co For Trade Industry Agriculture And Contracting Inventory-to-Revenue Related Terms

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AlMuneef Co For Trade Industry Agriculture And Contracting (SAU:9569) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » AlMuneef Co For Trade Industry Agriculture And Contracting (SAU:9569) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building No. 5065, Unit No. 1, Al-Manakh District, Riyadh, SAU, 14314

Website

https://www.almuneef.com

AlMuneef Co For Trade Industry Agriculture And Contracting is engaged in the business which includes operating quarries, cutting and sawing marble, renovation of residential and non-residential buildings, wholesale of chemical fertilizers and soil conditioners, and pesticides, as listed in the commercial register. wholesale of pesticides, wholesale of health pesticides, and retail of pesticides. Fuel for automobiles and motorcycles (gas stations), retail of seedlings and saplings of agricultural products, retail of plant seeds, fertilizers, and soil conditioners, retail of agricultural pesticides, land transportation of goods, silo storage of grains, flour, and agricultural products.

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