United Arab Float Glass Co (SAU:9611) Total Inventories : ﷼91.2 Mil (As of Jun. 2024)

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What is United Arab Float Glass Co Total Inventories?

United Arab Float Glass Co's total inventories for the quarter that ended in Jun. 2024 was ﷼91.2 Mil. United Arab Float Glass Co's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Jun. 2024 was ﷼45.6 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. United Arab Float Glass Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was ﷼-7.97.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. United Arab Float Glass Co's Days Inventory for the six months ended in Jun. 2024 was 110.38.

Inventory Turnover measures how fast the company turns over its inventory within a year. United Arab Float Glass Co's Inventory Turnover for the quarter that ended in Jun. 2024 was 1.65.

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. United Arab Float Glass Co's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.36.

United Arab Float Glass Co Total Inventories Historical Data

The historical data trend for United Arab Float Glass 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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United Arab Float Glass Co Total Inventories Chart

United Arab Float Glass Co Annual Data

Trend

Total Inventories

United Arab Float Glass Co Semi-Annual Data
	Jun23	Jun24
Total Inventories	-	91.23

United Arab Float Glass 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.

United Arab Float Glass Co (SAU:9611) 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.

United Arab Float Glass 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)
=	(8.198	+	0.75 * 23.627	+	0.5 * 91.227	-	207.042
-	0	-	0)	/	17.004
=	-7.97

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

United Arab Float Glass 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
	=	45.6135	/	75.417	*	365 / 2
	=	110.38

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

United Arab Float Glass 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 )
	=	75.417	/	45.6135
	=	1.65

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.

United Arab Float Glass 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 )
	=	45.6135	/	127.744
	=	0.36

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.

United Arab Float Glass Co Total Inventories Related Terms

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United Arab Float Glass Co Business Description

Industry

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Traded in Other Exchanges

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Address

Al Thumama Road, 13316 P.O. Box, All Rabie District, Riyadh, SAU, 26994

Website

https://www.aufgc.com

United Arab Float Glass Co is engaged in the float glass market that designs, thicknesses, and dimensions glasses. Its products are Clear float glass, Pattern glass, Silver, and Decorative mirrors. The company's activity is represented in the wholesale and retail trade of the company's products and building materials, including importing and exporting them abroad, owning lands and real estate, constructing buildings on them, practicing manufacturing industries related to the glass industry, and manufacturing and mining all glass industry requirements from raw materials and others.

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