Orascom Development EgyptE (CAI:ORHD) Inventory Turnover : 0.24 (As of Mar. 2024)

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What is Orascom Development EgyptE Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Orascom Development EgyptE's Cost of Goods Sold for the three months ended in Mar. 2024 was E£3,065 Mil. Orascom Development EgyptE's Average Total Inventories for the quarter that ended in Mar. 2024 was E£12,920 Mil. Orascom Development EgyptE's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Orascom Development EgyptE's Days Inventory for the three months ended in Mar. 2024 was 384.64.

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. Orascom Development EgyptE's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 3.09.

Orascom Development EgyptE Inventory Turnover Historical Data

The historical data trend for Orascom Development EgyptE's Inventory Turnover 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.

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Orascom Development EgyptE Inventory Turnover Chart

Orascom Development EgyptE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.90

0.53

0.65

0.81

0.95

Orascom Development EgyptE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.21	0.18	0.21	0.26	0.24

Orascom Development EgyptE Inventory Turnover Calculation

Orascom Development EgyptE's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	10487.614	/ (	(9221.718	+	12807.015)	/	2 )
=	10487.614	/	11014.3665
=	0.95

Orascom Development EgyptE's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	3065.071	/ (	(12807.015	+	13033.027)	/	2 )
=	3065.071	/	12920.021
=	0.24

Orascom Development EgyptE (CAI:ORHD) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Orascom Development EgyptE's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	12920.021	/	3065.071	*	365 / 4
	=	384.64

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.

Orascom Development EgyptE's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	12920.021	/	4175.393
	=	3.09

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Orascom Development EgyptE Inventory Turnover Related Terms

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Orascom Development EgyptE (CAI:ORHD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Orascom Development Egypt SAE (CAI:ORHD) » Definitions » Inventory Turnover

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Address

Nile City Towers, South Tower, 9th Floor, 2005 A Corniche El Nil, Cairo, EGY, 11221

Website

https://www.orascomde.com

Orascom Development Egypt SAE is engaged in the development of integrated destinations in Egypt including private villas and apartments, hotels, leisure facilities and other supporting infrastructure. Its segments are Hotels, Real estate, Land sales, Town Management and Other Operations. The Hotel segment includes the provision of hospitality services in two to five-star hotels. Its Real-estate and construction segment includes an acquisition of land in undeveloped areas. The Land sales segment includes the sale of land and land rights to others. Town management consists of the provision of facilities and infrastructure services at resorts and towns. The Other segment comprises of rentals from investment properties, mortgages, hospital services, educational services, and other services.

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