Professional Medical Expertise Co (SAU:9574) Inventory Turnover : 0.00 (As of Dec. 2022)

View and export this data going back to 2023. Start your Free Trial

What is Professional Medical Expertise Co 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. Professional Medical Expertise Co's Cost of Goods Sold for the three months ended in Dec. 2022 was ﷼0.0 Mil. Professional Medical Expertise Co's Average Total Inventories for the quarter that ended in Dec. 2022 was ﷼73.4 Mil. Professional Medical Expertise Co's Inventory Turnover for the quarter that ended in Dec. 2022 was 0.00.

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

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.

Professional Medical Expertise Co Inventory Turnover Historical Data

The historical data trend for Professional Medical Expertise Co'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.

* Premium members only.

Professional Medical Expertise Co Inventory Turnover Chart

Professional Medical Expertise Co Annual Data

Trend

Dec22

Dec23

Inventory Turnover

1.26

1.48

Professional Medical Expertise Co Quarterly Data
	Dec22	Dec23
Inventory Turnover	-	-

Professional Medical Expertise Co Inventory Turnover Calculation

Professional Medical Expertise Co'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 )
=	138.152	/ (	(73.443	+	113.871)	/	2 )
=	138.152	/	93.657
=	1.48

Professional Medical Expertise Co's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

	Inventory Turnover (Q: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2022 )	/ (	(Total Inventories (Q: . 20 )	+	Total Inventories (Q: Dec. 2022 ))	/	count )
=	0	/ (	(	+	73.443)	/	1 )
=	0	/	73.443
=	0.00

Professional Medical Expertise Co (SAU:9574) 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.

Professional Medical Expertise Co's Days Inventory for the three months ended in Dec. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2022 )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
	=	73.443	/	0	*	365 / 4
	=

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.

Professional Medical Expertise Co's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2022 )	/	Revenue (Q: Dec. 2022 )
	=	73.443	/	0
	=

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.

Professional Medical Expertise Co Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Professional Medical Expertise Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Professional Medical Expertise Co (SAU:9574) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Professional Medical Expertise Co (SAU:9574) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prince Saud Al-Faisal Street, Office No. 503, 5th Floor, Rawdah Bussiness Center, Rawdah District, Jeddah, SAU, 23434

Website

https://www.promedex.com

Professional Medical Expertise Co is a medical devices distributor in the Saudi market, representing selected top-notch quality suppliers of inventive state of the art medical technologies. The Company's current activities comprise the import and export of medical implants, devices and high-tech consumables and their sale to private and public hospitals and medical centers throughout the Kingdom. It activities consist of the following: Agents involved in the sale of medicines, Drug warehouse activities, Retail sale of medical equipment, tools and supplies, Medical Devices warehouse activities and Legal representation of medical products and devices' manufacturers.

Professional Medical Expertise Co (SAU:9574) Headlines

No Headlines