Abu Dhabi National Takaful Co PSC (ADX:TKFL) Change In Inventory : د.إ0.0 Mil (TTM As of Dec. 2023)

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What is Abu Dhabi National Takaful Co PSC Change In Inventory?

Abu Dhabi National Takaful Co PSC's change in inventory for the quarter that ended in Dec. 2023 was د.إ0.0 Mil. It means Abu Dhabi National Takaful Co PSC's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Abu Dhabi National Takaful Co PSC's change in inventory for the fiscal year that ended in Dec. 2023 was د.إ0.0 Mil. It means Abu Dhabi National Takaful Co PSC's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Abu Dhabi National Takaful Co PSC's Total Inventories for the quarter that ended in Dec. 2023 was د.إ0.0 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. Abu Dhabi National Takaful Co PSC's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Abu Dhabi National Takaful Co PSC Change In Inventory Historical Data

The historical data trend for Abu Dhabi National Takaful Co PSC'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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Abu Dhabi National Takaful Co PSC Change In Inventory Chart

Abu Dhabi National Takaful Co PSC Annual Data

Trend

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Dec23

Change In Inventory

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Abu Dhabi National Takaful Co PSC Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
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Abu Dhabi National Takaful Co PSC 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 د.إ0.0 Mil.

Abu Dhabi National Takaful Co PSC (ADX:TKFL) Change In Inventory Explanation

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

Abu Dhabi National Takaful Co PSC'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.

Abu Dhabi National Takaful Co PSC'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.

Abu Dhabi National Takaful Co PSC's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	103.71
	=	0.00

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Abu Dhabi National Takaful Co PSC (ADX:TKFL) Business Description

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Traded in Other Exchanges

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Address

Tamouh Tower, 25th Floor, P.O. Box 35335, Marina Square, Al Reem Island, Abu Dhabi, ARE

Website

http://www.takaful.ae

Abu Dhabi National Takaful Co PSC is engaged in providing Takaful insurance solutions for the regional market. The company is licensed by the Ministry of Economy & Commerce as the first Takaful operator in the emirates of Abu Dhabi and is among the Islamic insurance companies operating in the United Arab Emirates. The company's core business activities and investments are conducted in accordance with the Islamic Shari'a. The company has a comprehensive range of products and services, which have been developed under the guidance of the Fatwa & Shari'a Supervisory Board to meet the varying needs of clients in the field of Islamic finance.

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