Union Insurance Co (ADX:UNION) Change In Inventory : د.إ0.0 Mil (TTM As of Mar. 2024)

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What is Union Insurance Co Change In Inventory?

Union Insurance Co's change in inventory for the quarter that ended in Mar. 2024 was د.إ0.0 Mil. It means Union Insurance Co's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Union Insurance Co's change in inventory for the fiscal year that ended in Dec. 2023 was د.إ0.0 Mil. It means Union Insurance Co's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Union Insurance Co's Total Inventories for the quarter that ended in Mar. 2024 was د.إ0.0 Mil.

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

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

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. Union Insurance Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Union Insurance Co Change In Inventory Historical Data

The historical data trend for Union Insurance Co's Change In Inventory 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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Union Insurance Co Change In Inventory Chart

Union Insurance Co Annual Data

Trend

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Change In Inventory

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Union Insurance Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Union Insurance Co Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ0.0 Mil.

Union Insurance Co (ADX:UNION) Change In Inventory Explanation

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

Union Insurance Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	0	*	365 / 4
	=	N/A

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

Union Insurance Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=	N/A

3. 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.

Union Insurance Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	63.799
	=	0.00

Union Insurance Co Change In Inventory Related Terms

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Union Insurance Co (ADX:UNION) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Union Insurance Co (ADX:UNION) » Definitions » Change In Inventory

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Traded in Other Exchanges

N/A

Address

Sheikh Zayed Road, P.O Box 119227, Single Business Tower, Dubai, ARE

Website

https://www.unioninsurance.ae

Union Insurance Co is a UAE-based insurance company. It is engaged in the underwriting of all types of insurance. It operates in two segments, including the General Insurance and Life assurance segment. The general insurance segment includes auto, marine, engineering, corporate travel, employee benefit, healthcare, fire, and general accident insurance. The life segment includes group life, credit life, and individual life. The company generates the majority of its revenue from the General insurance segment. The geographical segments include the United Arab Emirates, GCC Countries, and Others.

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