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ESG Emirates Stallions Group PJSC (ADX:ESG) Days Inventory

: 5.30 (As of Jun. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). ESG Emirates Stallions Group PJSC's Average Total Inventories for the three months ended in Jun. 2023 was د.إ3.9 Mil. ESG Emirates Stallions Group PJSC's Cost of Goods Sold for the three months ended in Jun. 2023 was د.إ67.6 Mil. Hence, ESG Emirates Stallions Group PJSC's Days Inventory for the three months ended in Jun. 2023 was 5.30.

The historical rank and industry rank for ESG Emirates Stallions Group PJSC's Days Inventory or its related term are showing as below:

ADX:ESG' s Days Inventory Range Over the Past 10 Years
Min: 1.19   Med: 1.87   Max: 6.5
Current: 3.9

During the past 3 years, ESG Emirates Stallions Group PJSC's highest Days Inventory was 6.50. The lowest was 1.19. And the median was 1.87.

ADX:ESG's Days Inventory is ranked better than
88.93% of 1382 companies
in the Construction industry
Industry Median: 47.69 vs ADX:ESG: 3.90

ESG Emirates Stallions Group PJSC's Days Inventory increased from Mar. 2022 (0.63) to Jun. 2023 (5.30). It might indicate that ESG Emirates Stallions Group PJSC's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. ESG Emirates Stallions Group PJSC's Inventory Turnover for the three months ended in Jun. 2023 was 17.23.

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. ESG Emirates Stallions Group PJSC's Inventory-to-Revenue for the three months ended in Jun. 2023 was 0.04.

ESG Emirates Stallions Group PJSC Days Inventory Historical Data

The historical data trend for ESG Emirates Stallions Group 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.

ESG Emirates Stallions Group PJSC Annual Data
Trend Dec20 Dec21 Dec22
Days Inventory
6.50 1.87 1.19

ESG Emirates Stallions Group PJSC Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23
Days Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.63 6.55 2.94 1.91 5.30
Competitive Comparison

For the Engineering & Construction subindustry, ESG Emirates Stallions Group 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.

   
ESG Emirates Stallions Group PJSC Days Inventory Distribution

For the Construction industry and Industrials sector, ESG Emirates Stallions Group PJSC's Days Inventory distribution charts can be found below:

* The bar in red indicates where ESG Emirates Stallions Group PJSC's Days Inventory falls in comparison to its industry or sector. The grey bar indicates the Days Inventory's extreme value range as defined by GuruFocus.


ESG Emirates Stallions Group PJSC Days Inventory Calculation

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

ESG Emirates Stallions Group 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
=( (1.062 + 3.559) / 2 ) / 709.731*365
=2.3105 / 709.731*365
=1.19

ESG Emirates Stallions Group PJSC's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (3.559 + 4.283) / 2 ) / 67.554*365 / 4
=3.921 / 67.554*365 / 4
=5.30

* 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.

ESG Emirates Stallions Group PJSC  (ADX:ESG) 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.

ESG Emirates Stallions Group PJSC's Inventory Turnover for the three months ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=67.554 / 3.921
=17.23

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.

ESG Emirates Stallions Group PJSC's Inventory to Revenue for the three months ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=3.921 / 90.737
=0.04

* 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.

ESG Emirates Stallions Group PJSC Days Inventory Related Terms

Thank you for viewing the detailed overview of ESG Emirates Stallions Group PJSC's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

ESG Emirates Stallions Group PJSC (ADX:ESG) Business Description

ESG Emirates Stallions Group PJSC logo
Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » ESG Emirates Stallions Group PJSC (ADX:ESG) » Definitions » Days Inventory
Comparable Companies
Traded in Other Exchanges
N/A
Address
Emirates Stallions Group, The Royal Group Building, PO Box 63811, 5th Floor, Abu Dhabi, ARE
Website
https://www.esguae.com
ESG Emirates Stallions Group PJSC main activities are buying, selling, and dividing plots and real estates, management and leasing of real estate and developing real estate, management services of companies and private institutions, performing technical, commercial, and contracting services. The operating segments of company are Contracting & consultancy, Landscaping & Business process/manpower outsourcing.

ESG Emirates Stallions Group PJSC (ADX:ESG) Headlines