Ades Holding Co (SAU:2382) Total Inventories : ﷼527 Mil (As of Dec. 2024)

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What is Ades Holding Co Total Inventories?

Ades Holding Co's total inventories for the quarter that ended in Dec. 2024 was ﷼527 Mil. Ades Holding Co's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was ﷼504 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Ades Holding Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ﷼-12.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ades Holding Co's Days Inventory for the three months ended in Dec. 2024 was 45.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ades Holding Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.99.

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. Ades Holding Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.32.

Ades Holding Co Total Inventories Historical Data

The historical data trend for Ades Holding Co'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.

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Ades Holding Co Total Inventories Chart

Ades Holding Co Annual Data

Trend

Dec23

Dec24

Total Inventories

331.89

527.27

Ades Holding Co Quarterly Data
	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Inventories	Get a 7-Day Free Trial			331.89	384.38	417.92	480.60	527.27

Ades Holding Co 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.

Ades Holding Co (SAU:2382) 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.

Ades Holding Co'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)
=	(847.123	+	0.75 * 533.588	+	0.5 * 527.273	-	15090.706
-	0	-	45.193)	/	1100.936
=	-12.38

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

Ades Holding Co'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
	=	503.9345	/	1002.276	*	365 / 4
	=	45.88

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

Ades Holding Co'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 )
	=	1002.276	/	503.9345
	=	1.99

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.

Ades Holding Co'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 )
	=	503.9345	/	1569.069
	=	0.32

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.

Ades Holding Co Total Inventories Related Terms

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Ades Holding Co Business Description

Industry

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Traded in Other Exchanges

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Address

7429 Prince turki street, Corniche District, Al Khobar, SAU, 2203

Website

https://www.adesgroup.com

Ades Holding Co is a company whose main purpose is oil and gas drilling and production services in the MENA region. The Company's main activities are as follows which is Contracting services for excavation and maintenance of onshore and offshore wells, Services related to oil extraction, Excavation and onshore and offshore maintenance services. Provision of contracted offshore and onshore excavation services Provision of maintenance and production services.

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