Almarai Co (SAU:2280) Change In Inventory : ﷼-501 Mil (TTM As of Mar. 2024)

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What is Almarai Co Change In Inventory?

Almarai Co's change in inventory for the quarter that ended in Mar. 2024 was ﷼426 Mil. It means Almarai Co's inventory declined by ﷼426 Mil from Dec. 2023 to Mar. 2024 .

Almarai Co's change in inventory for the fiscal year that ended in Dec. 2023 was ﷼-1,064 Mil. It means Almarai Co's inventory increased by ﷼1,064 Mil from Dec. 2022 to Dec. 2023 .

Almarai Co's Total Inventories for the quarter that ended in Mar. 2024 was ﷼5,866 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Almarai Co's Days Inventory for the quarter that ended in Mar. 2024 was 147.81.

Inventory Turnover measures how fast the company turns over its inventory within a year. Almarai Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.62.

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. Almarai Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.11.

Almarai Co Change In Inventory Historical Data

The historical data trend for Almarai 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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Almarai Co Change In Inventory Chart

Almarai Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-277.32

-501.99

321.15

-1,065.17

-1,063.95

Almarai Co 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															-137.23	-452.04	-351.57	-123.11	426.21

Almarai 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 ﷼-501 Mil.

Almarai Co (SAU:2280) Change In Inventory Explanation

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

Almarai 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
	=	6074.591	/	3750.18	*	365 / 4
	=	147.81

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3750.18	/	6074.591
	=	0.62

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6074.591	/	5458.641
	=	1.11

Almarai Co Change In Inventory Related Terms

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Almarai Co (SAU:2280) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Almarai Co (SAU:2280) » Definitions » Change In Inventory

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Traded in Other Exchanges

N/A

Address

Exit 7, North Ring Road, P.O. Box 8524, Al Izdihar District, Riyadh, SAU, 11492

Website

https://www.almarai.com

Almarai Co is a manufacturer and distributor of quality and nutritious food and beverages. The company's product portfolio consists of dairy products along with juices, bakery, poultry, and infant formula under the brands Almarai, Joosy Life, Beyti, Teeba, L'usine, 7days, Alyoum, and AlBashayer. Its segments include Dairy and Juice, Bakery, Poultry, and Other activities. The majority of the revenue is derived from the sale of the dairy and Juice segment. Majority of its revenue is generated from Saudi Arabia.

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