Abu Dhabi Ship Building PJSC (ADX:ADSB) Total Inventories: د.إ25 Mil (As of Dec. 2023)

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ADX:ADSB Abu Dhabi Ship Building PJSC ADX:ADSB
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What is Abu Dhabi Ship Building PJSC Total Inventories?

Abu Dhabi Ship Building PJSC ADX:ADSB -1.11% 5 Total Inventories is د.إ25 Mil as of Dec. 2023. GuruFocus rates ADX:ADSB with a GF Score™ of 5/100.

Abu Dhabi Ship Building PJSC's total inventories for the quarter that ended in Dec. 2023 was د.إ25 Mil. Abu Dhabi Ship Building PJSC's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Dec. 2023 was د.إ26 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Abu Dhabi Ship Building PJSC's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was د.إ-5.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Abu Dhabi Ship Building PJSC's Days Inventory for the six months ended in Dec. 2023 was 4.11.

Inventory Turnover measures how fast the company turns over its inventory within a year. Abu Dhabi Ship Building PJSC's Inventory Turnover for the quarter that ended in Dec. 2023 was 44.42.

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. Abu Dhabi Ship Building PJSC's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.


Abu Dhabi Ship Building PJSC  (ADX:ADSB) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Abu Dhabi Ship Building PJSC's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(745.267+0.75 * 764.213+0.5 * 25.182-2395.032
-0--0.138)/211.992
=-5.02

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

Abu Dhabi Ship Building PJSC'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
=25.518/1133.485*365 / 2
=4.11

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

Abu Dhabi Ship Building PJSC'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 )
=1133.485 / 25.518
=44.42

4. 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.

Abu Dhabi Ship Building PJSC's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=25.518 / 1257.547
=0.02

* 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.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Abu Dhabi Ship Building PJSC Total Inventories Related Terms


Abu Dhabi Ship Building PJSC Total Inventories Historical Data

* Premium members only.

The historical data trend for Abu Dhabi Ship Building PJSC's Total Inventories 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.

Abu Dhabi Ship Building PJSC Total Inventories Chart

Abu Dhabi Ship Building PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.68 11.28 15.73 25.85 25.18

Abu Dhabi Ship Building PJSC Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories 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 19.68 11.28 15.73 25.85 25.18
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Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Abu Dhabi Ship Building PJSC Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of د.إ25 Mil mean?
Abu Dhabi Ship Building PJSC (ADX:ADSB) has a Total Inventories of د.إ25 Mil as of Dec. 2023. The total amount of inventory as recorded on a company's balance sheet. View historical data for Abu Dhabi Ship Building PJSC and its competitors.
Is Abu Dhabi Ship Building PJSC's Total Inventories too high?
Abu Dhabi Ship Building PJSC's current Total Inventories is د.إ25 Mil. Overall, Abu Dhabi Ship Building PJSC has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Abu Dhabi Ship Building PJSC's Total Inventories compare to GE and RTX?
Abu Dhabi Ship Building PJSC's Total Inventories of د.إ25 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for an Aerospace & Defense company?
A good Total Inventories depends on the Aerospace & Defense industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Abu Dhabi Ship Building PJSC and its competitors. Abu Dhabi Ship Building PJSC's current Total Inventories is د.إ25 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abu Dhabi Ship Building PJSC stock overvalued right now?
Abu Dhabi Ship Building PJSC (ADX:ADSB) has a current Total Inventories of د.إ25 Mil. The current Total Inventories is د.إ25 Mil. Abu Dhabi Ship Building PJSC's overall GF Score™ is 5/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Abu Dhabi Ship Building PJSC (ADX:ADSB), the current Total Inventories is د.إ25 Mil as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Abu Dhabi Ship Building PJSC Business Description

Address Musafah Industrial Area, P.O. Box 8922, Abu Dhabi, ARE
Abu Dhabi Ship Building PJSC is a shipbuilder and support services contractor locally and internationally. Its operating segments include New Build and Engineering; Small Boats; Military Repairs and Maintenance; Commercial Repairs and Maintenance and Combat System Integration. It generates maximum revenue from the New Build and Engineering services segment. It provides the design, engineering, research and development, construction, commissioning, test and trials, ILS, upgrades, conversions, and consultancy services for military, commercial, and leisure vessels in any construction material.
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Total Inventories is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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