Abu Dhabi National Oil Co For Distribution PJSC (ADX:ADNOCDIST) Change In Inventory : د.إ79 Mil (TTM As of Dec. 2023)

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What is Abu Dhabi National Oil Co For Distribution PJSC Change In Inventory?

Abu Dhabi National Oil Co For Distribution PJSC's change in inventory for the quarter that ended in Dec. 2023 was د.إ-17 Mil. It means Abu Dhabi National Oil Co For Distribution PJSC's inventory increased by د.إ17 Mil from Sep. 2023 to Dec. 2023 .

Abu Dhabi National Oil Co For Distribution PJSC's change in inventory for the fiscal year that ended in Dec. 2023 was د.إ79 Mil. It means Abu Dhabi National Oil Co For Distribution PJSC's inventory declined by د.إ79 Mil from Dec. 2022 to Dec. 2023 .

Abu Dhabi National Oil Co For Distribution PJSC's Total Inventories for the quarter that ended in Dec. 2023 was د.إ1,294 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Abu Dhabi National Oil Co For Distribution PJSC's Days Inventory for the quarter that ended in Dec. 2023 was 14.61.

Inventory Turnover measures how fast the company turns over its inventory within a year. Abu Dhabi National Oil Co For Distribution PJSC's Inventory Turnover for the quarter that ended in Dec. 2023 was 6.24.

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 Oil Co For Distribution PJSC's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.13.

Abu Dhabi National Oil Co For Distribution PJSC Change In Inventory Historical Data

The historical data trend for Abu Dhabi National Oil Co For Distribution PJSC'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 Oil Co For Distribution PJSC Change In Inventory Chart

Abu Dhabi National Oil Co For Distribution PJSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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362.53

238.37

-376.99

-245.47

78.78

Abu Dhabi National Oil Co For Distribution PJSC 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															119.63	-54.33	373.23	-222.87	-17.25

Abu Dhabi National Oil Co For Distribution PJSC 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.إ79 Mil.

Abu Dhabi National Oil Co For Distribution PJSC (ADX:ADNOCDIST) 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 Oil Co For Distribution PJSC's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1287.2725	/	8038.423	*	365 / 4
	=	14.61

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

Abu Dhabi National Oil Co For Distribution PJSC's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8038.423	/	1287.2725
	=	6.24

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 Oil Co For Distribution PJSC's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1287.2725	/	9563.702
	=	0.13

Abu Dhabi National Oil Co For Distribution PJSC Change In Inventory Related Terms

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Abu Dhabi National Oil Co For Distribution PJSC (ADX:ADNOCDIST) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Abu Dhabi National Oil Co For Distribution PJSC (ADX:ADNOCDIST) » Definitions » Change In Inventory

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Address

Sheikh Zayed Bin Sultan Street, P.O. Box 4188, Next to National Drilling Company and UNB Building, Abu Dhabi, ARE

Website

https://www.adnocdistribution.ae

Abu Dhabi National Oil Co For Distribution PJSC is an operator of retail fuel service stations in the United Arab Emirates. The company segments include Commercial (B2B) and Retail (B2C). It generates maximum revenue from the Retail (B2C) segment. Retail (B2C) segment which involves the sale of gasoline and petroleum products, convenience store sales, car wash and other car care services, oil change services, vehicle inspection services and property leasing and management through the retail sites.

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