Al-Ghazi Tractors (KAR:AGTL) Change In Inventory : ₨-2,080 Mil (TTM As of Mar. 2024)

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What is Al-Ghazi Tractors Change In Inventory?

Al-Ghazi Tractors's change in inventory for the quarter that ended in Mar. 2024 was ₨-2,249 Mil. It means Al-Ghazi Tractors's inventory increased by ₨2,249 Mil from Dec. 2023 to Mar. 2024 .

Al-Ghazi Tractors's change in inventory for the fiscal year that ended in Dec. 2023 was ₨-821 Mil. It means Al-Ghazi Tractors's inventory increased by ₨821 Mil from Dec. 2022 to Dec. 2023 .

Al-Ghazi Tractors's Total Inventories for the quarter that ended in Mar. 2024 was ₨8,333 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Al-Ghazi Tractors's Days Inventory for the quarter that ended in Mar. 2024 was 89.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. Al-Ghazi Tractors's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.02.

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-Ghazi Tractors's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.76.

Al-Ghazi Tractors Change In Inventory Historical Data

The historical data trend for Al-Ghazi Tractors'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-Ghazi Tractors Change In Inventory Chart

Al-Ghazi Tractors Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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720.70

782.38

-870.57

-2,388.49

-820.93

Al-Ghazi Tractors 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															-989.40	2,255.89	-609.04	-1,478.37	-2,248.53

Al-Ghazi Tractors 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 ₨-2,080 Mil.

Al-Ghazi Tractors (KAR:AGTL) Change In Inventory Explanation

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

Al-Ghazi Tractors's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	7208.765	/	7386.468	*	365 / 4
	=	89.05

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

Al-Ghazi Tractors's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7386.468	/	7208.765
	=	1.02

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-Ghazi Tractors's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7208.765	/	9496.684
	=	0.76

Al-Ghazi Tractors Change In Inventory Related Terms

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Al-Ghazi Tractors (KAR:AGTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Al-Ghazi Tractors Ltd (KAR:AGTL) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

16th East Street, Off. Korangi Road, Tractor House, No.102-B, DHA Phase I, Karachi, PAK

Website

https://www.alghazitractors.com

Al-Ghazi Tractors Ltd is an agricultural equipment manufacturer in Pakistan. Its major operating segment includes the manufacture and sale of agricultural tractors, implements and spare parts which generates most of the company's revenue. The company's other activities include implements and generators. Its implements segment comprises cultivators, disk harrows, potato diggers, sprayers, ploughs and all other equipment which aid agriculture and the generator segment offers energy-efficient diesel generators. Geographically, it derives a majority of revenue from Pakistan.

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