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National Metal Manufacturing And Casting Co (SAU:2220) Days Inventory : 143.10 (As of Dec. 2023)


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What is National Metal Manufacturing And Casting Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). National Metal Manufacturing And Casting Co's Average Total Inventories for the three months ended in Dec. 2023 was ﷼87.6 Mil. National Metal Manufacturing And Casting Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ﷼55.8 Mil. Hence, National Metal Manufacturing And Casting Co's Days Inventory for the three months ended in Dec. 2023 was 143.10.

The historical rank and industry rank for National Metal Manufacturing And Casting Co's Days Inventory or its related term are showing as below:

SAU:2220' s Days Inventory Range Over the Past 10 Years
Min: 139.78   Med: 173.21   Max: 203.57
Current: 158.21

During the past 13 years, National Metal Manufacturing And Casting Co's highest Days Inventory was 203.57. The lowest was 139.78. And the median was 173.21.

SAU:2220's Days Inventory is ranked worse than
84% of 575 companies
in the Steel industry
Industry Median: 85.66 vs SAU:2220: 158.21

National Metal Manufacturing And Casting Co's Days Inventory increased from Dec. 2022 (136.38) to Dec. 2023 (143.10). It might indicate that National Metal Manufacturing And Casting Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. National Metal Manufacturing And Casting Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.64.

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 Metal Manufacturing And Casting Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.66.


National Metal Manufacturing And Casting Co Days Inventory Historical Data

The historical data trend for National Metal Manufacturing And Casting Co'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.

National Metal Manufacturing And Casting Co Days Inventory Chart

National Metal Manufacturing And Casting Co 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 180.91 203.57 170.98 139.78 153.16

National Metal Manufacturing And Casting Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 136.38 151.14 167.74 178.89 143.10

Competitive Comparison of National Metal Manufacturing And Casting Co's Days Inventory

For the Steel subindustry, National Metal Manufacturing And Casting Co'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.


National Metal Manufacturing And Casting Co's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, National Metal Manufacturing And Casting Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where National Metal Manufacturing And Casting Co's Days Inventory falls into.



National Metal Manufacturing And Casting Co Days Inventory Calculation

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

National Metal Manufacturing And Casting Co'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
=( (103.277 + 84.211) / 2 ) / 223.403*365
=93.744 / 223.403*365
=153.16

National Metal Manufacturing And Casting Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (90.938 + 84.211) / 2 ) / 55.844*365 / 4
=87.5745 / 55.844*365 / 4
=143.10

* 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.


National Metal Manufacturing And Casting Co  (SAU:2220) 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.

National Metal Manufacturing And Casting Co's Inventory Turnover for the three months ended in Dec. 2023 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.

National Metal Manufacturing And Casting Co's Inventory to Revenue for the three months ended in Dec. 2023 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.


National Metal Manufacturing And Casting Co Days Inventory Related Terms

Thank you for viewing the detailed overview of National Metal Manufacturing And Casting Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


National Metal Manufacturing And Casting Co (SAU:2220) Business Description

Traded in Other Exchanges
N/A
Address
Jubail Industrial City, P.O. Box 10882, Jubail, SAU, 31961
National Metal Manufacturing And Casting Co manufacture and sells metal engineering products and services. It holds interests in the manufacturing of iron and steel castings, steel wires, spring and welding wires, strands, axles, pumps, fasteners, nails, bolts, valves, pipe fittings and automotive spare parts; provides maintenance services. Geographically all the operations are functioned through the regions of Saudi Arabia, however, it also has a presence across Asia, the Middle East, and Europe.

National Metal Manufacturing And Casting Co (SAU:2220) Headlines

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