Future Arab Investment (AMM:FUTR) Inventory Turnover : 0.66 (As of Dec. 2024)

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What is Future Arab Investment Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Future Arab Investment's Cost of Goods Sold for the three months ended in Dec. 2024 was JOD4.62 Mil. Future Arab Investment's Average Total Inventories for the quarter that ended in Dec. 2024 was JOD6.96 Mil. Future Arab Investment's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.66.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Future Arab Investment's Days Inventory for the three months ended in Dec. 2024 was 137.52.

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. Future Arab Investment's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.17.

Future Arab Investment Inventory Turnover Historical Data

The historical data trend for Future Arab Investment's Inventory Turnover 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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Future Arab Investment Inventory Turnover Chart

Future Arab Investment Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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1.44

2.42

2.83

2.62

3.82

Future Arab Investment Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															0.23	0.75	1.38	0.64	0.66

Future Arab Investment Inventory Turnover Calculation

Future Arab Investment's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	18.824	/ (	(3.42	+	6.431)	/	2 )
=	18.824	/	4.9255
=	3.82

Future Arab Investment's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	4.616	/ (	(7.482	+	6.431)	/	2 )
=	4.616	/	6.9565
=	0.66

Future Arab Investment (AMM:FUTR) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Future Arab Investment's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	6.9565	/	4.616	*	365 / 4
	=	137.52

2. 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.

Future Arab Investment's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	6.9565	/	5.924
	=	1.17

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Future Arab Investment Inventory Turnover Related Terms

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Future Arab Investment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Future Arab Investment (AMM:FUTR) » Definitions » Inventory Turnover

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Address

128 Sharif Naser Street, Sport City Circle, P.O. Box 20082, Quqa Group Building, Al-Shimaisani, Amman, JOR, 11118

Website

http://www.fainvest.com

Future Arab Investment is a Jordan-based company engaged in the provision of investment project surveys. It is involved in the establishment, development, sale, rental, and management of movable and immovable properties; contribution to other companies; business development; and project management. The revenue is earned from the sale of vehicles, machines, and raw materials; rendering of services; and dividend and interest income.

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