ABSA Bank Kenya (NAI:ABSA) Change In Inventory : KES0 Mil (TTM As of Mar. 2024)

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What is ABSA Bank Kenya Change In Inventory?

ABSA Bank Kenya's change in inventory for the quarter that ended in Mar. 2024 was KES0 Mil. It means ABSA Bank Kenya's inventory stayed the same from Dec. 2023 to Mar. 2024 .

ABSA Bank Kenya's change in inventory for the fiscal year that ended in Dec. 2023 was KES0 Mil. It means ABSA Bank Kenya's inventory stayed the same from Dec. 2022 to Dec. 2023 .

ABSA Bank Kenya's Total Inventories for the quarter that ended in Mar. 2024 was KES0 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. ABSA Bank Kenya's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

ABSA Bank Kenya Change In Inventory Historical Data

The historical data trend for ABSA Bank Kenya'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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ABSA Bank Kenya Change In Inventory Chart

ABSA Bank Kenya Annual Data

Trend

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Change In Inventory

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ABSA Bank Kenya 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															-	-	-	-	-

ABSA Bank Kenya 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 KES0 Mil.

ABSA Bank Kenya (NAI:ABSA) Change In Inventory Explanation

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

ABSA Bank Kenya'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.

ABSA Bank Kenya's Inventory Turnover for the quarter that ended in Mar. 2024 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.

ABSA Bank Kenya's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	16464.398
	=	0.00

ABSA Bank Kenya Change In Inventory Related Terms

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ABSA Bank Kenya (NAI:ABSA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ABSA Bank Kenya PLC (NAI:ABSA) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

Waiyaki Way, P.O. Box 30120, Nairobi, KEN, 00100

Website

https://www.absabank.co.ke

ABSA Bank Kenya PLC is a diversified financial services company offering clients a range of retail, business, corporate and investment, and wealth management solutions. The company's operating segment includes Consumer banking and Corporate banking. It generates maximum revenue from the Consumer Banking segment. The Consumer Banking segment incorporates private customer current accounts, savings, deposits, credit and debit cards, consumer loans, and mortgages. Its Corporate Banking segment includes the business model that centers on delivering specialist investment banking, financing, risk management, and advisory solutions across asset classes to corporates, financial institutions, and government clients.

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