National Cable & Wire Manufacturing (AMM:WIRE) Change In Inventory : JOD0.66 Mil (TTM As of Sep. 2023)

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What is National Cable & Wire Manufacturing Change In Inventory?

National Cable & Wire Manufacturing's change in inventory for the quarter that ended in Sep. 2023 was JOD0.44 Mil. It means National Cable & Wire Manufacturing's inventory declined by JOD0.44 Mil from Jun. 2023 to Sep. 2023 .

National Cable & Wire Manufacturing's change in inventory for the fiscal year that ended in Dec. 2022 was JOD1.61 Mil. It means National Cable & Wire Manufacturing's inventory declined by JOD1.61 Mil from Dec. 2021 to Dec. 2022 .

National Cable & Wire Manufacturing's Total Inventories for the quarter that ended in Sep. 2023 was JOD6.62 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. National Cable & Wire Manufacturing's Days Inventory for the quarter that ended in Sep. 2023 was 149.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. National Cable & Wire Manufacturing's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.61.

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. National Cable & Wire Manufacturing's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 1.71.

National Cable & Wire Manufacturing Change In Inventory Historical Data

The historical data trend for National Cable & Wire Manufacturing'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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National Cable & Wire Manufacturing Change In Inventory Chart

National Cable & Wire Manufacturing Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Inventory

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-0.68

0.59

1.67

-1.57

1.61

National Cable & Wire Manufacturing Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Inventory	Get a 7-Day Free Trial															0.06	1.16	-1.08	0.13	0.44

National Cable & Wire Manufacturing 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was JOD0.66 Mil.

National Cable & Wire Manufacturing (AMM:WIRE) Change In Inventory Explanation

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

National Cable & Wire Manufacturing's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	6.845	/	4.191	*	365 / 4
	=	149.04

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

National Cable & Wire Manufacturing's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4.191	/	6.845
	=	0.61

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.

National Cable & Wire Manufacturing's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6.845	/	4.005
	=	1.71

National Cable & Wire Manufacturing Change In Inventory Related Terms

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National Cable & Wire Manufacturing (AMM:WIRE) Business Description

Industry

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Address

Golden Jubilee area, P.O. Box 927104, Zarqa, Amman, JOR, 11190

Website

http://www.cableco.com.jo

National Cable & Wire Manufacturing is engaged in producing wires and cables of copper or aluminum conductors insulated/sheathed ordinary or special types or synthetic rubber. It provides various products such as Coaxial cables, Control cables, PVC insulated wires, Power cables, Concentric and service cables, Flexible cables, Telephone cables, and others.