Fidelity Bank (NSA:FBP) Change In Inventory : ₦0 Mil (TTM As of Mar. 2024)

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What is Fidelity Bank Change In Inventory?

Fidelity Bank's change in inventory for the quarter that ended in Mar. 2024 was ₦0 Mil. It means Fidelity Bank's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Fidelity Bank's change in inventory for the fiscal year that ended in Dec. 2023 was ₦0 Mil. It means Fidelity Bank's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Fidelity Bank's Total Inventories for the quarter that ended in Mar. 2024 was ₦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. Fidelity Bank's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Fidelity Bank Change In Inventory Historical Data

The historical data trend for Fidelity Bank'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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Fidelity Bank Change In Inventory Chart

Fidelity Bank Annual Data

Trend

Dec14

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Dec23

Change In Inventory

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Fidelity Bank 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															-	-	-	-	-

Fidelity Bank 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 ₦0 Mil.

Fidelity Bank (NSA:FBP) Change In Inventory Explanation

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

Fidelity Bank'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.

Fidelity Bank'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.

Fidelity Bank's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	121873
	=	0.00

Fidelity Bank Change In Inventory Related Terms

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Fidelity Bank (NSA:FBP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Fidelity Bank PLC (NSA:FBP) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

2 Kofo Abayomi Street, Fidelity Place, Victoria Island, Lagos, NGA

Website

https://www.fidelitybank.ng

Fidelity Bank PLC is a Nigerian based bank that offers banking and other financial services to corporate and individual customers. It operates through segments including Retail banking that offers retail, personal and commercial services to individuals, small and medium business customers and E-Business products to serve retail banking. Its Corporate Banking segment offers commercial and corporate banking services to corporate business customers, it covers the Power and Infrastructure, Oil and Gas Upstream and downstream, Real Estate, Agro-Allied, and other industries. Investment banking segment is involved in the funding and management of the bank's securities, trading, and investment decisions.