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Batic Investments and Logistics Co (SAU:4110) Days Inventory : 5.36 (As of Dec. 2023)


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What is Batic Investments and Logistics Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Batic Investments and Logistics Co's Average Total Inventories for the three months ended in Dec. 2023 was ﷼6.8 Mil. Batic Investments and Logistics Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ﷼115.6 Mil. Hence, Batic Investments and Logistics Co's Days Inventory for the three months ended in Dec. 2023 was 5.36.

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

SAU:4110' s Days Inventory Range Over the Past 10 Years
Min: 5.6   Med: 8.12   Max: 10.38
Current: 7.03

During the past 13 years, Batic Investments and Logistics Co's highest Days Inventory was 10.38. The lowest was 5.60. And the median was 8.12.

SAU:4110's Days Inventory is ranked better than
93.56% of 450 companies
in the Conglomerates industry
Industry Median: 73.125 vs SAU:4110: 7.03

Batic Investments and Logistics Co's Days Inventory declined from Dec. 2022 (8.27) to Dec. 2023 (5.36).

Inventory Turnover measures how fast the company turns over its inventory within a year. Batic Investments and Logistics Co's Inventory Turnover for the three months ended in Dec. 2023 was 17.02.

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. Batic Investments and Logistics Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.05.


Batic Investments and Logistics Co Days Inventory Historical Data

The historical data trend for Batic Investments and Logistics 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.

Batic Investments and Logistics Co Days Inventory Chart

Batic Investments and Logistics 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 10.38 8.37 7.53 7.86 5.60

Batic Investments and Logistics 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 8.27 8.33 8.47 7.72 5.36

Competitive Comparison of Batic Investments and Logistics Co's Days Inventory

For the Conglomerates subindustry, Batic Investments and Logistics 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.


Batic Investments and Logistics Co's Days Inventory Distribution in the Conglomerates Industry

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

* The bar in red indicates where Batic Investments and Logistics Co's Days Inventory falls into.



Batic Investments and Logistics Co Days Inventory Calculation

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

Batic Investments and Logistics 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
=( (8.817 + 4.159) / 2 ) / 423.139*365
=6.488 / 423.139*365
=5.60

Batic Investments and Logistics 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
=( (9.418 + 4.159) / 2 ) / 115.552*365 / 4
=6.7885 / 115.552*365 / 4
=5.36

* 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.


Batic Investments and Logistics Co  (SAU:4110) 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.

Batic Investments and Logistics 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.

Batic Investments and Logistics 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.


Batic Investments and Logistics Co Days Inventory Related Terms

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


Batic Investments and Logistics Co (SAU:4110) Business Description

Traded in Other Exchanges
N/A
Address
Al'arz Street, PO Box 7939, Second floor, BATIC Building, Al-Olaya District, Riyadh, SAU
Batic Investments and Logistics Co is engaged in general construction of residential buildings and general constructions of non-residential buildings including schools, hospitals and hotels, restoration of residential and non-residential buildings, construction and repair of roads, streets, sidewalks and road accessories and finishing buildings.

Batic Investments and Logistics Co (SAU:4110) Headlines

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