Almasane Alkobra Mining Co (SAU:1322) Change In Inventory : ﷼-9.2 Mil (TTM As of Mar. 2024)

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What is Almasane Alkobra Mining Co Change In Inventory?

Almasane Alkobra Mining Co's change in inventory for the quarter that ended in Mar. 2024 was ﷼-1.2 Mil. It means Almasane Alkobra Mining Co's inventory increased by ﷼1.2 Mil from Dec. 2023 to Mar. 2024 .

Almasane Alkobra Mining Co's change in inventory for the fiscal year that ended in Dec. 2023 was ﷼-15.8 Mil. It means Almasane Alkobra Mining Co's inventory increased by ﷼15.8 Mil from Dec. 2022 to Dec. 2023 .

Almasane Alkobra Mining Co's Total Inventories for the quarter that ended in Mar. 2024 was ﷼101.8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Almasane Alkobra Mining Co's Days Inventory for the quarter that ended in Mar. 2024 was 92.84.

Inventory Turnover measures how fast the company turns over its inventory within a year. Almasane Alkobra Mining Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.98.

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. Almasane Alkobra Mining Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.75.

Almasane Alkobra Mining Co Change In Inventory Historical Data

The historical data trend for Almasane Alkobra Mining 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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Almasane Alkobra Mining Co Change In Inventory Chart

Almasane Alkobra Mining Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-0.76

-8.41

-11.53

-15.76

Almasane Alkobra Mining Co Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial									-7.73	-0.71	-6.39	-0.93	-1.20

Almasane Alkobra Mining 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 ﷼-9.2 Mil.

Almasane Alkobra Mining Co (SAU:1322) Change In Inventory Explanation

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

Almasane Alkobra Mining 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
	=	101.2265	/	99.488	*	365 / 4
	=	92.84

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

Almasane Alkobra Mining Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	99.488	/	101.2265
	=	0.98

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.

Almasane Alkobra Mining Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	101.2265	/	134.5
	=	0.75

Almasane Alkobra Mining Co Change In Inventory Related Terms

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Almasane Alkobra Mining Co (SAU:1322) Business Description

Industry

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Traded in Other Exchanges

N/A

Address

P.O. Box 96, Najran, SAU

Website

https://www.amak.com.sa

Almasane Alkobra Mining Co is engaged in mining non-ferrous metal ores (aluminium, copper, and lead), mining ores of precious metals belonging to the gold, silver, and platinum group, and wholesaling precious metals and gemstones.

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