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Abu Dhabi Ship Building PJSC (ADX:ADSB) Days Inventory

: 13.07 (As of Dec. 2022)
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Days Inventory is also known as Days Sales of Inventory (DSI). Abu Dhabi Ship Building PJSC's Average Total Inventories for the six months ended in Dec. 2022 was د.إ20.8 Mil. Abu Dhabi Ship Building PJSC's Cost of Goods Sold for the six months ended in Dec. 2022 was د.إ580.8 Mil. Hence, Abu Dhabi Ship Building PJSC's Days Inventory for the six months ended in Dec. 2022 was 6.53.

The historical rank and industry rank for Abu Dhabi Ship Building PJSC's Days Inventory or its related term are showing as below:

ADX:ADSB' s Days Inventory Range Over the Past 10 Years
Min: 13.07   Med: 36   Max: 96.13
Current: 13.07

During the past 13 years, Abu Dhabi Ship Building PJSC's highest Days Inventory was 96.13. The lowest was 13.07. And the median was 36.00.

ADX:ADSB's Days Inventory is ranked better than
95.14% of 288 companies
in the Aerospace & Defense industry
Industry Median: 138.905 vs ADX:ADSB: 13.07

Abu Dhabi Ship Building PJSC's Days Inventory declined from Dec. 2020 (24.08) to Dec. 2022 (13.07).

Inventory Turnover measures how fast the company turns over its inventory within a year. Abu Dhabi Ship Building PJSC's Inventory Turnover for the six months ended in Dec. 2022 was 27.94.

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. Abu Dhabi Ship Building PJSC's Inventory-to-Revenue for the six months ended in Dec. 2022 was 0.03.


Abu Dhabi Ship Building PJSC Days Inventory Historical Data

The historical data trend for Abu Dhabi Ship Building PJSC'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.

Abu Dhabi Ship Building PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.56 25.05 24.08 21.89 13.07

Abu Dhabi Ship Building PJSC Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory 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 47.56 25.05 24.08 21.89 13.07

Competitive Comparison

For the Aerospace & Defense subindustry, Abu Dhabi Ship Building PJSC'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.


Abu Dhabi Ship Building PJSC Days Inventory Distribution

For the Aerospace & Defense industry and Industrials sector, Abu Dhabi Ship Building PJSC's Days Inventory distribution charts can be found below:

* The bar in red indicates where Abu Dhabi Ship Building PJSC's Days Inventory falls into.



Abu Dhabi Ship Building PJSC Days Inventory Calculation

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

Abu Dhabi Ship Building PJSC's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (15.729 + 25.854) / 2 ) / 580.827*365
=20.7915 / 580.827*365
=13.07

Abu Dhabi Ship Building PJSC's Days Inventory for the quarter that ended in Dec. 2022 is calculated as:

Days Inventory (Q: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2021 ) + Total Inventories (Q: Dec. 2022 )) / count ) / Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=( (15.729 + 25.854) / 2 ) / 580.827*365 / 2
=20.7915 / 580.827*365 / 2
=6.53

* 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.


Abu Dhabi Ship Building PJSC  (ADX:ADSB) 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.

Abu Dhabi Ship Building PJSC's Inventory Turnover for the six months ended in Dec. 2022 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.

Abu Dhabi Ship Building PJSC's Inventory to Revenue for the six months ended in Dec. 2022 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.


Abu Dhabi Ship Building PJSC Days Inventory Related Terms

Thank you for viewing the detailed overview of Abu Dhabi Ship Building PJSC's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Abu Dhabi Ship Building PJSC (ADX:ADSB) Business Description

Traded in Other Exchanges
N/A
Address
Musafah Industrial Area, P.O. Box 8922, Abu Dhabi, ARE
Abu Dhabi Ship Building PJSC is a shipbuilder and support services contractor locally and internationally. Its operating segments include New Build and Engineering; Small Boats; Military Repairs and Maintenance; Commercial Repairs and Maintenance and Combat System Integration. It generates maximum revenue from the New Build and Engineering services segment. It provides the design, engineering, research and development, construction, commissioning, test and trials, ILS, upgrades, conversions, and consultancy services for military, commercial, and leisure vessels in any construction material.

Abu Dhabi Ship Building PJSC (ADX:ADSB) Headlines

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