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Maroc Telecom (CAS:IAM) Days Inventory : 18.22 (As of Dec. 2023)


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What is Maroc Telecom Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Maroc Telecom's Average Total Inventories for the six months ended in Dec. 2023 was MAD504 Mil. Maroc Telecom's Cost of Goods Sold for the six months ended in Dec. 2023 was MAD5,042 Mil. Hence, Maroc Telecom's Days Inventory for the six months ended in Dec. 2023 was 18.22.

The historical rank and industry rank for Maroc Telecom's Days Inventory or its related term are showing as below:

CAS:IAM' s Days Inventory Range Over the Past 10 Years
Min: 14.24   Med: 19.87   Max: 26.32
Current: 23.81

During the past 13 years, Maroc Telecom's highest Days Inventory was 26.32. The lowest was 14.24. And the median was 19.87.

CAS:IAM's Days Inventory is ranked worse than
58.92% of 297 companies
in the Telecommunication Services industry
Industry Median: 19.27 vs CAS:IAM: 23.81

Maroc Telecom's Days Inventory increased from Dec. 2022 (15.87) to Dec. 2023 (18.22). It might indicate that Maroc Telecom's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Maroc Telecom's Inventory Turnover for the six months ended in Dec. 2023 was 10.01.

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. Maroc Telecom's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.03.


Maroc Telecom Days Inventory Historical Data

The historical data trend for Maroc Telecom'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.

Maroc Telecom Days Inventory Chart

Maroc Telecom Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.53 19.95 14.24 19.79 22.26

Maroc Telecom Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial 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 11.71 27.23 15.87 37.05 18.22

Competitive Comparison of Maroc Telecom's Days Inventory

For the Telecom Services subindustry, Maroc Telecom'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.


Maroc Telecom's Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Maroc Telecom's Days Inventory distribution charts can be found below:

* The bar in red indicates where Maroc Telecom's Days Inventory falls into.



Maroc Telecom Days Inventory Calculation

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

Maroc Telecom'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
=( (484 + 445) / 2 ) / 7618*365
=464.5 / 7618*365
=22.26

Maroc Telecom'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
=( (562 + 445) / 2 ) / 5042*365 / 2
=503.5 / 5042*365 / 2
=18.22

* 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.


Maroc Telecom  (CAS:IAM) 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.

Maroc Telecom'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.

Maroc Telecom'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.


Maroc Telecom Days Inventory Related Terms

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


Maroc Telecom (CAS:IAM) Business Description

Traded in Other Exchanges
Address
Avenue Annakhil, Hay Riad, Rabat, MAR
Maroc Telecom SA telecommunications operator in the Kingdom of Morocco. The company provides a wide range of services covering Fixed-Line and Mobile communications, data transfer, and other value-added services. It operates in the Fixed-Line telephony, Mobile telephony and Internet segments. The Fixed-Line and Mobile operating segments are combined within the Services Division (DGS) and the Networks and Systems Division. The company derives majority revenues from Morocco.

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