Thevola Group (SAU:2050) Change In Inventory : ﷼63 Mil (TTM As of Mar. 2024)

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What is Thevola Group Change In Inventory?

Thevola Group's change in inventory for the quarter that ended in Mar. 2024 was ﷼242 Mil. It means Thevola Group's inventory declined by ﷼242 Mil from Dec. 2023 to Mar. 2024 .

Thevola Group's change in inventory for the fiscal year that ended in Dec. 2023 was ﷼87 Mil. It means Thevola Group's inventory declined by ﷼87 Mil from Dec. 2022 to Dec. 2023 .

Thevola Group's Total Inventories for the quarter that ended in Mar. 2024 was ﷼3,646 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Thevola Group's Days Inventory for the quarter that ended in Mar. 2024 was 58.47.

Inventory Turnover measures how fast the company turns over its inventory within a year. Thevola Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.56.

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. Thevola Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.51.

Thevola Group Change In Inventory Historical Data

The historical data trend for Thevola Group'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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Thevola Group Change In Inventory Chart

Thevola Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-131.23

-485.15

-628.13

-1,332.83

87.21

Thevola Group 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															266.65	-165.87	349.02	-362.58	242.22

Thevola Group 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 ﷼63 Mil.

Thevola Group (SAU:2050) Change In Inventory Explanation

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

Thevola Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	3949.1695	/	6163.14	*	365 / 4
	=	58.47

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

Thevola Group's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6163.14	/	3949.1695
	=	1.56

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3949.1695	/	7781.87
	=	0.51

Thevola Group Change In Inventory Related Terms

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Thevola Group (SAU:2050) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Savola Group (SAU:2050) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

Prince Faisal Bin Fahad Street, Savola Tower, The Headquarter Business Park, Ashati District, 2444 Taha Khusaifan-Ashati, Unit Number 15, Jeddah, SAU, 23511-7333

Website

https://www.savola.com

The Savola Group is a strategic investment holding company. It is focused on the food and retail sectors, with operations in the Middle East, Turkey and other regions. It is organized into the following operating segments namely Foods processing, Retail, Food Services, Frozen food and Investment. The group derives majority of revenue from the Foods processing segment which consists of includes manufacturing, sale and distribution of Edible oils, Sugar, Pasta, Spices, Nuts, Pulses and other food products.

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