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Saudi Arabian Oil Co (SAU:2222) Inventory-to-Revenue : 0.20 (As of Dec. 2023)


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What is Saudi Arabian Oil Co Inventory-to-Revenue?

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. Saudi Arabian Oil Co's Average Total Inventories for the quarter that ended in Dec. 2023 was ï·¼90,688 Mil. Saudi Arabian Oil Co's Revenue for the three months ended in Dec. 2023 was ï·¼459,287 Mil. Saudi Arabian Oil Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.20.

Saudi Arabian Oil Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (0.18) to Sep. 2023 (0.20)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Saudi Arabian Oil Co's Days Inventory for the three months ended in Dec. 2023 was 2,432.46.

Inventory Turnover measures how fast the company turns over its inventory within a year. Saudi Arabian Oil Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.04.


Saudi Arabian Oil Co Inventory-to-Revenue Historical Data

The historical data trend for Saudi Arabian Oil Co's Inventory-to-Revenue 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.

Saudi Arabian Oil Co Inventory-to-Revenue Chart

Saudi Arabian Oil Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial 0.04 0.06 0.04 0.04 0.05

Saudi Arabian Oil Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Inventory-to-Revenue 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 0.21 0.20 0.19 0.18 0.20

Competitive Comparison of Saudi Arabian Oil Co's Inventory-to-Revenue

For the Oil & Gas Integrated subindustry, Saudi Arabian Oil Co's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Saudi Arabian Oil Co's Inventory-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Saudi Arabian Oil Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Saudi Arabian Oil Co's Inventory-to-Revenue falls into.



Saudi Arabian Oil Co Inventory-to-Revenue Calculation

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.

Saudi Arabian Oil Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (100528 + 85951) / 2 ) / 1856373
=93239.5 / 1856373
=0.05

Saudi Arabian Oil Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (95424 + 85951) / 2 ) / 459287
=90687.5 / 459287
=0.20

* 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.


Saudi Arabian Oil Co  (SAU:2222) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Saudi Arabian Oil Co's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=90687.5/3402*365 / 4
=2,432.46

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

Saudi Arabian Oil Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=3402 / 90687.5
=0.04

* 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.


Saudi Arabian Oil Co Inventory-to-Revenue Related Terms

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Saudi Arabian Oil Co (SAU:2222) Business Description

Industry
Traded in Other Exchanges
N/A
Address
P.O. Box 5000, Dhahran, SAU, 31311
Saudi Aramco is the national oil company of Saudi Arabia and holds the exclusive right to explore for, produce, and refine the country's hydrocarbons. It is the largest oil and gas producer in the world with production volume of 13.6 mmboe/d in 2022, including 11.5 mmboe/d of liquids. Its 4.1 mmb/d in net refining capacity makes it the world's fourth-largest refiner. It also owns 56.3 million metric tons of chemical manufacturing capacity, placing it among the top five global chemical companies.

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