Al Mashriq Insurance Co (XPAE:MIC) Change In Inventory : $-0.96 Mil (TTM As of Dec. 2023)

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What is Al Mashriq Insurance Co Change In Inventory?

Al Mashriq Insurance Co's change in inventory for the quarter that ended in Dec. 2023 was $-0.12 Mil. It means Al Mashriq Insurance Co's inventory increased by $0.12 Mil from Sep. 2023 to Dec. 2023 .

Al Mashriq Insurance Co's change in inventory for the fiscal year that ended in Dec. 2023 was $-0.96 Mil. It means Al Mashriq Insurance Co's inventory increased by $0.96 Mil from Dec. 2022 to Dec. 2023 .

Al Mashriq Insurance Co's Total Inventories for the quarter that ended in Dec. 2023 was $0.00 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. Al Mashriq Insurance Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Al Mashriq Insurance Co Change In Inventory Historical Data

The historical data trend for Al Mashriq Insurance 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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Al Mashriq Insurance Co Change In Inventory Chart

Al Mashriq Insurance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.18

-1.23

-0.14

-0.96

Al Mashriq Insurance Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-0.22	-3.11	0.81	1.45	-0.12

Al Mashriq Insurance 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.96 Mil.

Al Mashriq Insurance Co (XPAE:MIC) Change In Inventory Explanation

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

Al Mashriq Insurance 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
	=	0	/	0	*	365 / 4
	=	N/A

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

Al Mashriq Insurance Co's Inventory Turnover for the quarter that ended in Dec. 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.

Al Mashriq Insurance Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	8.938
	=	0.00

Al Mashriq Insurance Co Change In Inventory Related Terms

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Al Mashriq Insurance Co (XPAE:MIC) Business Description

Industry

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Traded in Other Exchanges

N/A

Address

P.O. Box 1600, Ramallah, PSE

Website

https://www.mashreqins.com

Al Mashriq Insurance Co is engaged in the provision of insurance, re-insurance related services. Its products are Engineering Insurance, General Accident Insurance, Personal Insurance, Marine Insurance, Fire Insurance, Vehicle Insurance, Propety Insurance, Civil Liability Insurance and Travel Insurance.