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National Marine Dredging Co PSC (ADX:NMDC) Total Inventories : د.إ610 Mil (As of Sep. 2023)


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What is National Marine Dredging Co PSC Total Inventories?

National Marine Dredging Co PSC's total inventories for the quarter that ended in Sep. 2023 was د.إ610 Mil. National Marine Dredging Co PSC's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was د.إ572 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. National Marine Dredging Co PSC's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was د.إ-5.43.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. National Marine Dredging Co PSC's Days Inventory for the three months ended in Sep. 2023 was 14.26.

Inventory Turnover measures how fast the company turns over its inventory within a year. National Marine Dredging Co PSC's Inventory Turnover for the quarter that ended in Sep. 2023 was 6.40.

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. National Marine Dredging Co PSC's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.13.


National Marine Dredging Co PSC Total Inventories Historical Data

The historical data trend for National Marine Dredging Co PSC'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.

* Premium members only.

National Marine Dredging Co PSC Total Inventories Chart

National Marine Dredging Co PSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 238.64 393.64 152.67 343.16 465.52

National Marine Dredging Co PSC Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23
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 Premium Member Only Premium Member Only 361.96 488.71 465.52 533.62 610.10

National Marine Dredging Co PSC 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.


National Marine Dredging Co PSC  (ADX:NMDC) 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.

National Marine Dredging Co PSC's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3513.136+0.75 * 2188.193+0.5 * 610.1-9935.717
-0-4.07)/825.000
=-5.43

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

National Marine Dredging Co PSC's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=571.859/3658.637*365 / 4
=14.26

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

National Marine Dredging Co PSC's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=3658.637 / 571.859
=6.40

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.

National Marine Dredging Co PSC's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=571.859 / 4274.015
=0.13

* 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.


National Marine Dredging Co PSC Total Inventories Related Terms

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National Marine Dredging Co PSC (ADX:NMDC) Business Description

Traded in Other Exchanges
N/A
Address
Mussafah Street 16, P.O. Box 3649, Abu Dhabi, ARE
National Marine Dredging Co PSC is engaged in the execution of dredging contracts and associated land reclamation works in the territorial waters of the United Arab Emirates. Geographically, the company has a business presence in the United Arab Emirates and internationally. It derives the majority of the revenue from its operations in the United Arab Emirates. The company activities include Dredging and Reclamation, and Marine Construction. It has projects in various sectors such as Energy, Environment, Seaborne Trade, Tourism and Urban Development.

National Marine Dredging Co PSC (ADX:NMDC) Headlines

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