National Industrialization Co (SAU:2060) Change In Inventory : ﷼75 Mil (TTM As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is National Industrialization Co Change In Inventory?

National Industrialization Co's change in inventory for the quarter that ended in Mar. 2024 was ﷼30 Mil. It means National Industrialization Co's inventory declined by ﷼30 Mil from Dec. 2023 to Mar. 2024 .

National Industrialization Co's change in inventory for the fiscal year that ended in Dec. 2023 was ﷼100 Mil. It means National Industrialization Co's inventory declined by ﷼100 Mil from Dec. 2022 to Dec. 2023 .

National Industrialization Co's Total Inventories for the quarter that ended in Mar. 2024 was ﷼719 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. National Industrialization Co's Days Inventory for the quarter that ended in Mar. 2024 was 90.40.

Inventory Turnover measures how fast the company turns over its inventory within a year. National Industrialization Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.01.

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. National Industrialization Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.97.

National Industrialization Co Change In Inventory Historical Data

The historical data trend for National Industrialization Co'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.

* Premium members only.

National Industrialization Co Change In Inventory Chart

National Industrialization Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-120.00

-21.38

-126.91

-61.01

99.67

National Industrialization Co 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															54.81	28.76	-25.17	41.28	30.37

National Industrialization Co 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 ﷼75 Mil.

National Industrialization Co (SAU:2060) Change In Inventory Explanation

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

National Industrialization Co's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	734.9555	/	741.839	*	365 / 4
	=	90.40

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

National Industrialization Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	741.839	/	734.9555
	=	1.01

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.

National Industrialization Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	734.9555	/	761.402
	=	0.97

National Industrialization Co Change In Inventory Related Terms

Thank you for viewing the detailed overview of National Industrialization Co's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

National Industrialization Co (SAU:2060) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » National Industrialization Co (SAU:2060) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Eastern Ring Road, P.O. Box 26707, The Business Gate, Building No. C3, Qurtuba Area, Riyadh, SAU, 11496

Website

https://www.tasnee.com

National Industrialization Co manufactures and sells petrochemical and chemical products. It produces ethylene, polyethylene, propylene and polypropylene, acrylics, titanium dioxide, dry and liquid vehicle batteries, lead, plastic products, and acrylic sheets, and provides technical testing to equipment, and industrial, chemical, petrochemical, and metallurgical plants and water desalination and power generation plants. Its segment consists of Chemicals, Petrochemicals, Downstream, and Others. The company generates maximum revenue from the Petrochemicals segment.

National Industrialization Co (SAU:2060) Headlines

No Headlines