Union Bank of Nigeria (NSA:UBNP) Change In Inventory : ₦0 Mil (TTM As of Mar. 2023)

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What is Union Bank of Nigeria Change In Inventory?

Union Bank of Nigeria's change in inventory for the quarter that ended in Mar. 2023 was ₦0 Mil. It means Union Bank of Nigeria's inventory stayed the same from Dec. 2022 to Mar. 2023 .

Union Bank of Nigeria's change in inventory for the fiscal year that ended in Dec. 2022 was ₦0 Mil. It means Union Bank of Nigeria's inventory stayed the same from Dec. 2021 to Dec. 2022 .

Union Bank of Nigeria's Total Inventories for the quarter that ended in Mar. 2023 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. Union Bank of Nigeria's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.00.

Union Bank of Nigeria Change In Inventory Historical Data

The historical data trend for Union Bank of Nigeria'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 Bank of Nigeria Change In Inventory Chart

Union Bank of Nigeria Annual Data

Trend

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Change In Inventory

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Union Bank of Nigeria Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Union Bank of Nigeria 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦0 Mil.

Union Bank of Nigeria (NSA:UBNP) Change In Inventory Explanation

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

Union Bank of Nigeria'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 Bank of Nigeria's Inventory Turnover for the quarter that ended in Mar. 2023 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 Bank of Nigeria's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	34752
	=	0.00

Union Bank of Nigeria Change In Inventory Related Terms

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Union Bank of Nigeria (NSA:UBNP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Union Bank of Nigeria PLC (NSA:UBNP) » Definitions » Change In Inventory

Traded in Other Exchanges

N/A

Address

Stallion Plaza, 36 Marina, Lagos, NGA, 2027

Website

https://www.unionbankng.com

Union Bank of Nigeria PLC is a banking corporation. The principal activity of the Bank is the provision of banking and related financial services to corporate and individual customers. The company offers flexible current and savings accounts, cash management, trade finance, credit solutions, and treasury solutions. The company also provides personal loans, overdrafts, and advances to individuals as well as small and medium enterprises and corporates. The Bank also provides treasury services to high-net-worth individuals, commercial clients, corporates, and nonbanking financial institutions. The bank manages its business in four segments namely Retail Bank, Commercial Bank, Corporate Bank, and Treasury.

Union Bank of Nigeria (NSA:UBNP) Headlines

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