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Dubai Investments PJSC (DFM:DIC) Days Inventory : 255.64 (As of Mar. 2024)


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What is Dubai Investments PJSC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dubai Investments PJSC's Average Total Inventories for the three months ended in Mar. 2024 was د.إ1,319 Mil. Dubai Investments PJSC's Cost of Goods Sold for the three months ended in Mar. 2024 was د.إ471 Mil. Hence, Dubai Investments PJSC's Days Inventory for the three months ended in Mar. 2024 was 255.64.

The historical rank and industry rank for Dubai Investments PJSC's Days Inventory or its related term are showing as below:

DFM:DIC' s Days Inventory Range Over the Past 10 Years
Min: 173.15   Med: 268.21   Max: 540.3
Current: 253.96

During the past 13 years, Dubai Investments PJSC's highest Days Inventory was 540.30. The lowest was 173.15. And the median was 268.21.

DFM:DIC's Days Inventory is ranked worse than
87.97% of 449 companies
in the Conglomerates industry
Industry Median: 72.5 vs DFM:DIC: 253.96

Dubai Investments PJSC's Days Inventory increased from Mar. 2023 (237.29) to Mar. 2024 (255.64). It might indicate that Dubai Investments PJSC's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dubai Investments PJSC's Inventory Turnover for the three months ended in Mar. 2024 was 0.36.

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. Dubai Investments PJSC's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.80.


Dubai Investments PJSC Days Inventory Historical Data

The historical data trend for Dubai Investments PJSC's Days 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.

Dubai Investments PJSC Days Inventory Chart

Dubai Investments PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 540.30 528.10 369.15 307.93 228.48

Dubai Investments PJSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 237.29 272.51 226.84 266.44 255.64

Competitive Comparison of Dubai Investments PJSC's Days Inventory

For the Conglomerates subindustry, Dubai Investments PJSC's Days Inventory, along with its competitors' market caps and Days Inventory 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.


Dubai Investments PJSC's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Dubai Investments PJSC's Days Inventory distribution charts can be found below:

* The bar in red indicates where Dubai Investments PJSC's Days Inventory falls into.



Dubai Investments PJSC Days Inventory Calculation

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

Dubai Investments PJSC's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (1209.628 + 1350.632) / 2 ) / 2045.011*365
=1280.13 / 2045.011*365
=228.48

Dubai Investments PJSC's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (1350.632 + 1287.181) / 2 ) / 470.778*365 / 4
=1318.9065 / 470.778*365 / 4
=255.64

* 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.


Dubai Investments PJSC  (DFM:DIC) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Dubai Investments PJSC's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

2. 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.

Dubai Investments PJSC's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

* 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Dubai Investments PJSC Days Inventory Related Terms

Thank you for viewing the detailed overview of Dubai Investments PJSC's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Dubai Investments PJSC (DFM:DIC) Business Description

Traded in Other Exchanges
N/A
Address
Dubai Investments Park, P.O. Box 28171, Jebel Ali, Dubai, ARE
Dubai Investments PJSC is an investment company with a focus in real estate, manufacturing, industrial, and financial investments across the Middle East. The operations are divided into three segments: The property segment develops real estate for sale and leasing. The manufacturing, contracting, and Services segment manufactures and sells materials used in construction projects, executing construction contracts, production of raw and architectural glass, pharmaceutical products, cooling services, production, aluminium extruded products, laboratory furniture, healthcare, and education. The investments segment includes strategic minority investments in associates, investment banking, asset management and financial investments.

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