View United Real Estate Development Co (SAU:9591) Total Inventories : ﷼51.42 Mil (As of Jun. 2024)

View and export this data going back to 2023. Start your Free Trial

What is View United Real Estate Development Co Total Inventories?

View United Real Estate Development Co's total inventories for the quarter that ended in Jun. 2024 was ﷼51.42 Mil. View United Real Estate Development Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was ﷼30.18 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. View United Real Estate Development Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was ﷼0.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. View United Real Estate Development Co's Days Inventory for the six months ended in Jun. 2024 was 242.73.

Inventory Turnover measures how fast the company turns over its inventory within a year. View United Real Estate Development Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.75.

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. View United Real Estate Development Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.99.

View United Real Estate Development Co Total Inventories Historical Data

The historical data trend for View United Real Estate Development 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.

* Premium members only.

View United Real Estate Development Co Total Inventories Chart

View United Real Estate Development Co Annual Data

Trend

Dec22

Dec23

Total Inventories

26.85

8.93

View United Real Estate Development Co Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24
Total Inventories	26.85	-	8.93	51.42

View United Real Estate Development 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.

View United Real Estate Development Co (SAU:9591) 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.

View United Real Estate Development Co's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is

	Net-Net Working Capital Per Share (Q: Jun. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(34.285	+	0.75 * 2.424	+	0.5 * 51.424	-	50.658
-	0	-	0)	/	33.000
=	0.34

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

View United Real Estate Development Co's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	30.178	/	22.69	*	365 / 2
	=	242.73

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

View United Real Estate Development Co's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2024 )	/	Average Total Inventories (Q: Jun. 2024 )
	=	22.69	/	30.178
	=	0.75

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.

View United Real Estate Development Co's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	30.178	/	30.402
	=	0.99

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.

View United Real Estate Development Co Total Inventories Related Terms

Thank you for viewing the detailed overview of View United Real Estate Development Co's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

View United Real Estate Development Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » View United Real Estate Development Co (SAU:9591) » Definitions » Total Inventories

Traded in Other Exchanges

N/A

Address

3898 Anas Bin Malik Road, Al Yasmeen District 6577, Riyadh, SAU, 13325

Website

https://www.view.sa

View United Real Estate Development Co is a real estate development company relying on high expertise and modern technology in all stages of development and implementation to reach the architectural and construction design. The company's business activities consists of construction of residential buildings, general construction of non-residential buildings such as schools, hospitals, and hotels, purchasing and selling land and properties, off-plan sales, and management and leasing of owned or leased residential and non-residential properties.

View United Real Estate Development Co Headlines

No Headlines