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ADNOC Gas (ADX:ADNOCGAS) Inventory-to-Revenue : 0.01 (As of Dec. 2023)


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What is ADNOC Gas Inventory-to-Revenue?

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. ADNOC Gas's Average Total Inventories for the quarter that ended in Dec. 2023 was د.إ670 Mil. ADNOC Gas's Revenue for the six months ended in Dec. 2023 was د.إ65,766 Mil. ADNOC Gas's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.

ADNOC Gas's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Dec. 2021 (0.00) to Dec. 2021 (0.01)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ADNOC Gas's Days Inventory for the six months ended in Dec. 2023 was 2.52.

Inventory Turnover measures how fast the company turns over its inventory within a year. ADNOC Gas's Inventory Turnover for the quarter that ended in Dec. 2023 was 72.41.


ADNOC Gas Inventory-to-Revenue Historical Data

The historical data trend for ADNOC Gas's Inventory-to-Revenue 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.

ADNOC Gas Inventory-to-Revenue Chart

ADNOC Gas Annual Data
Trend Dec20 Dec21 Dec23
Inventory-to-Revenue
- - 0.01

ADNOC Gas Semi-Annual Data
Dec20 Dec21 Dec23
Inventory-to-Revenue - - 0.01

Competitive Comparison of ADNOC Gas's Inventory-to-Revenue

For the Oil & Gas Integrated subindustry, ADNOC Gas's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ADNOC Gas's Inventory-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ADNOC Gas's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where ADNOC Gas's Inventory-to-Revenue falls into.



ADNOC Gas Inventory-to-Revenue Calculation

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.

ADNOC Gas's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (0 + 670.256) / 1 ) / 65765.502
=670.256 / 65765.502
=0.01

ADNOC Gas's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2021 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (0 + 670.256) / 1 ) / 65765.502
=670.256 / 65765.502
=0.01

* 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.


ADNOC Gas  (ADX:ADNOCGAS) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

ADNOC Gas's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=670.256/48531.856*365 / 2
=2.52

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

ADNOC Gas's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=48531.856 / 670.256
=72.41

* 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.


ADNOC Gas Inventory-to-Revenue Related Terms

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ADNOC Gas (ADX:ADNOCGAS) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Corniche Road West, P.O. Box 898, Abu Dhabi, ARE
ADNOC Gas PLC is an integrated gas processing company. It is responsible for operations, maintenance, and marketing across ADNOC's downstream gas processing, liquified natural gas (LNG), and industrial gases businesses.

ADNOC Gas (ADX:ADNOCGAS) Headlines

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