Emirates Integrated Telecommunications Co PJSC (DFM:DU) Days Inventory : 4.89 (As of Dec. 2023)

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What is Emirates Integrated Telecommunications Co PJSC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Emirates Integrated Telecommunications Co PJSC's Average Total Inventories for the three months ended in Dec. 2023 was د.إ96 Mil. Emirates Integrated Telecommunications Co PJSC's Cost of Goods Sold for the three months ended in Dec. 2023 was د.إ1,786 Mil. Hence, Emirates Integrated Telecommunications Co PJSC's Days Inventory for the three months ended in Dec. 2023 was 4.89.

The historical rank and industry rank for Emirates Integrated Telecommunications Co PJSC's Days Inventory or its related term are showing as below:

DFM:DU' s Days Inventory Range Over the Past 10 Years
Min: 3.52 Med: 5.29 Max: 10.22
Current: 9.36

During the past 13 years, Emirates Integrated Telecommunications Co PJSC's highest Days Inventory was 10.22. The lowest was 3.52. And the median was 5.29.

DFM:DU's Days Inventory is ranked better than
76.17% of 298 companies
in the Telecommunication Services industry
Industry Median: 19.215 vs DFM:DU: 9.36

Emirates Integrated Telecommunications Co PJSC's Days Inventory increased from Dec. 2022 (3.88) to Dec. 2023 (4.89). It might indicate that Emirates Integrated Telecommunications Co PJSC's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Emirates Integrated Telecommunications Co PJSC's Inventory Turnover for the three months ended in Dec. 2023 was 18.66.

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. Emirates Integrated Telecommunications Co PJSC's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.03.

Emirates Integrated Telecommunications Co PJSC Days Inventory Historical Data

The historical data trend for Emirates Integrated Telecommunications Co 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.

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Emirates Integrated Telecommunications Co PJSC Days Inventory Chart

Emirates Integrated Telecommunications Co PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

6.49

5.25

3.52

4.24

5.27

Emirates Integrated Telecommunications Co PJSC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															3.88	6.22	26.03	29.48	4.89

Competitive Comparison of Emirates Integrated Telecommunications Co PJSC's Days Inventory

For the Telecom Services subindustry, Emirates Integrated Telecommunications Co 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.

Emirates Integrated Telecommunications Co PJSC's Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Emirates Integrated Telecommunications Co PJSC's Days Inventory distribution charts can be found below:

* The bar in red indicates where Emirates Integrated Telecommunications Co PJSC's Days Inventory falls into.

Emirates Integrated Telecommunications Co PJSC Days Inventory Calculation

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

Emirates Integrated Telecommunications Co PJSC'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
=	( (95.235	+	101.695)	/	2 )	/	6814.807	*	365
=	98.465					/	6814.807	*	365
=	5.27

Emirates Integrated Telecommunications Co PJSC'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (89.648	+	101.695)	/	2 )	/	1785.593	*	365 / 4
=	95.6715					/	1785.593	*	365 / 4
=	4.89

Emirates Integrated Telecommunications Co PJSC (DFM:DU) 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.

Emirates Integrated Telecommunications Co PJSC's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1785.593	/	95.6715
	=	18.66

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.

Emirates Integrated Telecommunications Co PJSC's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	95.6715	/	3558.101
	=	0.03

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.

Emirates Integrated Telecommunications Co PJSC Days Inventory Related Terms

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

Emirates Integrated Telecommunications Co PJSC (DFM:DU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Emirates Integrated Telecommunications Co PJSC (DFM:DU) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Salam Tower, Dubai Media City, P.O. Box 502666, Dubai, ARE

Website

http://www.du.ae

Emirates Integrated Telecommunications Co PJSC is a telecommunication service provider. The company provides telecommunications and entertainment services to customers in the UAE. It is organized into four business segments: Mobile, Fixed, Wholesale, and Others Segment. Mobile Segment, which derives the company's revenue, offers mobility services to the enterprise and consumer market; the Fixed Segment provides wireline services; Wholesale Segment provides voice and data services to national and international carriers and operators, and Others include broadcasting services, international roaming, site sharing, etc.

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