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MOBI Industry Co (SAU:9517) Days Inventory : 111.98 (As of Dec. 2023)


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What is MOBI Industry Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). MOBI Industry Co's Average Total Inventories for the six months ended in Dec. 2023 was ﷼40.0 Mil. MOBI Industry Co's Cost of Goods Sold for the six months ended in Dec. 2023 was ﷼65.2 Mil. Hence, MOBI Industry Co's Days Inventory for the six months ended in Dec. 2023 was 111.98.

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

SAU:9517' s Days Inventory Range Over the Past 10 Years
Min: 101.47   Med: 104.14   Max: 116.4
Current: 116.4

During the past 7 years, MOBI Industry Co's highest Days Inventory was 116.40. The lowest was 101.47. And the median was 104.14.

SAU:9517's Days Inventory is ranked worse than
69.93% of 1493 companies
in the Chemicals industry
Industry Median: 82.59 vs SAU:9517: 116.40

MOBI Industry Co's Days Inventory declined from Dec. 2022 (130.92) to Dec. 2023 (111.98).

Inventory Turnover measures how fast the company turns over its inventory within a year. MOBI Industry Co's Inventory Turnover for the six months ended in Dec. 2023 was 1.63.

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. MOBI Industry Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.41.


MOBI Industry Co Days Inventory Historical Data

The historical data trend for MOBI Industry 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.

MOBI Industry Co Days Inventory Chart

MOBI Industry Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial - 102.16 101.47 106.12 113.74

MOBI Industry Co Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only 97.28 85.11 130.92 123.49 111.98

Competitive Comparison of MOBI Industry Co's Days Inventory

For the Chemicals subindustry, MOBI Industry 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.


MOBI Industry Co's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, MOBI Industry Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where MOBI Industry Co's Days Inventory falls into.



MOBI Industry Co Days Inventory Calculation

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

MOBI Industry 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
=( (44.471 + 36.598) / 2 ) / 130.076*365
=40.5345 / 130.076*365
=113.74

MOBI Industry 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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (43.371 + 36.598) / 2 ) / 65.166*365 / 2
=39.9845 / 65.166*365 / 2
=111.98

* 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.


MOBI Industry Co  (SAU:9517) 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.

MOBI Industry Co's Inventory Turnover for the six 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.

MOBI Industry Co's Inventory to Revenue for the six 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.


MOBI Industry Co Days Inventory Related Terms

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


MOBI Industry Co (SAU:9517) Business Description

Traded in Other Exchanges
N/A
Address
220 Second Industrial City Street, Riyadh, SAU
MOBI Industry Co is a Saudi Arabia based company. The company is engaged in the manufacture of soap in all forms, including (paste, liquid and dry), manufacture of industrial detergents, manufacture of fertilizers and nitrogenous compounds, manufacture of plastics in their primary forms, manufacture of washing and cleaning material and preparations.

MOBI Industry Co (SAU:9517) Headlines

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