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Almasane Alkobra Mining Co (SAU:1322) Inventory-to-Revenue : 0.75 (As of Mar. 2024)


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What is Almasane Alkobra Mining Co Inventory-to-Revenue?

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 Average Total Inventories for the quarter that ended in Mar. 2024 was ﷼101.2 Mil. Almasane Alkobra Mining Co's Revenue for the three months ended in Mar. 2024 was ﷼134.5 Mil. Almasane Alkobra Mining Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.75.

Almasane Alkobra Mining Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 declined from Dec. 2023 (0.86) to Dec. 2023 (0.75)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

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 three months 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.


Almasane Alkobra Mining Co Inventory-to-Revenue Historical Data

The historical data trend for Almasane Alkobra Mining Co's Inventory-to-Revenue 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.

* Premium members only.

Almasane Alkobra Mining Co Inventory-to-Revenue Chart

Almasane Alkobra Mining Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
0.17 0.11 0.13 0.19

Almasane Alkobra Mining Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.61 0.76 0.86 0.86 0.75

Competitive Comparison of Almasane Alkobra Mining Co's Inventory-to-Revenue

For the Other Precious Metals & Mining subindustry, Almasane Alkobra Mining Co's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Almasane Alkobra Mining Co's Inventory-to-Revenue Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Almasane Alkobra Mining Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Almasane Alkobra Mining Co's Inventory-to-Revenue falls into.



Almasane Alkobra Mining Co Inventory-to-Revenue Calculation

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 fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (82.877 + 100.626) / 2 ) / 487.895
=91.7515 / 487.895
=0.19

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

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (100.626 + 101.827) / 2 ) / 134.5
=101.2265 / 134.5
=0.75

* 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.


Almasane Alkobra Mining Co  (SAU:1322) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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 three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*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 (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=99.488 / 101.2265
=0.98

* 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.


Almasane Alkobra Mining Co Inventory-to-Revenue Related Terms

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Almasane Alkobra Mining Co (SAU:1322) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 96, Najran, SAU
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.

Almasane Alkobra Mining Co (SAU:1322) Headlines

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