Al-Mazaya Holding Co K.S.C.P (KUW:MAZAYA) Days Inventory : 886.62 (As of Mar. 2024)

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What is Al-Mazaya Holding Co K.S.C.P Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Al-Mazaya Holding Co K.S.C.P's Average Total Inventories for the three months ended in Mar. 2024 was KWD11.00 Mil. Al-Mazaya Holding Co K.S.C.P's Cost of Goods Sold for the three months ended in Mar. 2024 was KWD1.13 Mil. Hence, Al-Mazaya Holding Co K.S.C.P's Days Inventory for the three months ended in Mar. 2024 was 886.62.

The historical rank and industry rank for Al-Mazaya Holding Co K.S.C.P's Days Inventory or its related term are showing as below:

KUW:MAZAYA' s Days Inventory Range Over the Past 10 Years
Min: 322.47 Med: 535.89 Max: 3249.42
Current: 481.17

During the past 13 years, Al-Mazaya Holding Co K.S.C.P's highest Days Inventory was 3249.42. The lowest was 322.47. And the median was 535.89.

KUW:MAZAYA's Days Inventory is ranked better than
58.62% of 1329 companies
in the Real Estate industry
Industry Median: 699.45 vs KUW:MAZAYA: 481.17

Al-Mazaya Holding Co K.S.C.P's Days Inventory increased from Mar. 2023 (337.20) to Mar. 2024 (886.62). It might indicate that Al-Mazaya Holding Co K.S.C.P's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Al-Mazaya Holding Co K.S.C.P's Inventory Turnover for the three months ended in Mar. 2024 was 0.10.

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-Mazaya Holding Co K.S.C.P's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.96.

Al-Mazaya Holding Co K.S.C.P Days Inventory Historical Data

The historical data trend for Al-Mazaya Holding Co K.S.C.P'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.

Al-Mazaya Holding Co K.S.C.P Days Inventory Chart

Al-Mazaya Holding Co K.S.C.P Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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473.37

373.20

507.85

323.98

563.93

Al-Mazaya Holding Co K.S.C.P 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															337.20	305.80	280.04	429.36	886.62

Competitive Comparison of Al-Mazaya Holding Co K.S.C.P's Days Inventory

For the Real Estate Services subindustry, Al-Mazaya Holding Co K.S.C.P'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.

Al-Mazaya Holding Co K.S.C.P's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Al-Mazaya Holding Co K.S.C.P's Days Inventory distribution charts can be found below:

* The bar in red indicates where Al-Mazaya Holding Co K.S.C.P's Days Inventory falls into.

Al-Mazaya Holding Co K.S.C.P Days Inventory Calculation

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

Al-Mazaya Holding Co K.S.C.P'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
=	( (3.942	+	11.261)	/	2 )	/	4.92	*	365
=	7.6015					/	4.92	*	365
=	563.93

Al-Mazaya Holding Co K.S.C.P'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
=	( (11.261	+	10.737)	/	2 )	/	1.132	*	365 / 4
=	10.999					/	1.132	*	365 / 4
=	886.62

Al-Mazaya Holding Co K.S.C.P (KUW:MAZAYA) 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.

Al-Mazaya Holding Co K.S.C.P's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.132	/	10.999
	=	0.10

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.

Al-Mazaya Holding Co K.S.C.P's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	10.999	/	3.711
	=	2.96

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.

Al-Mazaya Holding Co K.S.C.P Days Inventory Related Terms

Thank you for viewing the detailed overview of Al-Mazaya Holding Co K.S.C.P's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Al-Mazaya Holding Co K.S.C.P (KUW:MAZAYA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Al-Mazaya Holding Co K.S.C.P (KUW:MAZAYA) » Definitions » Days Inventory

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MAZAYA:United Arab Emirates

Address

Al-Mazaya Tower 01, P.O. Box 3546, 1 - 23th Floor, Al Murqab, Safat, Kuwait, KWT, 13036

Website

http://www.mazayaholding.com

Al-Mazaya Holding Co K.S.C.P is engaged in real estate development and investment activities. It provides real estate products and services in several fields, including housing projects, such as deluxe villas and high-class residential buildings, and commercial projects, such as office and retail buildings. The company is also engaged in other real estate fields to include purchasing, ownership, and selling of lands and their development for the account of the company inside and outside of Kuwait. Its geographical segments include Kuwait; United Arab Emirates (UAE); Kingdom of Saudi Arabia (KSA), Turkey and other countries. The company derives a majority of revenue from the United Arab Emirates.

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