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National Cement Co PSC (DFM:NCC) Total Inventories : د.إ73.5 Mil (As of Dec. 2024)


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What is National Cement Co PSC Total Inventories?

National Cement Co PSC's total inventories for the quarter that ended in Dec. 2024 was د.إ73.5 Mil. National Cement Co PSC's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was د.إ72.9 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. National Cement Co PSC's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was د.إ0.41.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. National Cement Co PSC's Days Inventory for the three months ended in Dec. 2024 was 168.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. National Cement Co PSC's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.54.

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 Cement Co PSC's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.71.


National Cement Co PSC Total Inventories Historical Data

The historical data trend for National Cement 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 Cement Co PSC Total Inventories Chart

National Cement Co PSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.08 51.07 77.48 69.42 73.48

National Cement Co PSC Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 69.42 66.81 73.99 72.39 73.48

National Cement 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 Cement Co PSC  (DFM:NCC) 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 Cement Co PSC's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

Net-Net Working Capital Per Share (Q: Dec. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(128.218+0.75 * 94.012+0.5 * 73.476-87.28
-0-0)/358.800
=0.41

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

National Cement Co PSC'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
=72.9345/39.561*365 / 4
=168.23

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

National Cement Co PSC's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=39.561 / 72.9345
=0.54

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 Cement Co PSC'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 )
=72.9345 / 42.586
=1.71

* 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 Cement Co PSC Total Inventories Related Terms

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National Cement Co PSC Business Description

Traded in Other Exchanges
N/A
Address
Sheikh Zayed Road, P.O. Box 4041, Al-Quoz Industrial Area, Dubai, ARE
National Cement Co PSC is a UAE-based company that manufactures cement and gypsum products. Its product portfolio includes Ordinary Portland Cement, High Sulphate Resisting Portland Cement, Moderate Sulphate Resisting Portland Cement, Portland Blast Furnace Cement, High Slag Portland Blast Cement, and White Aggregates. The company serves the UAE and GCC markets with its array of branded cement products. It is involved in the manufacturing and supply of Cement and clinker in the United Arab Emirates and the region.

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