National International Holding Co KSCC (DFM:NIH) Days Inventory

: 30.45 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). National International Holding Co KSCC's Average Total Inventories for the three months ended in Dec. 2023 was د.إ8.49 Mil. National International Holding Co KSCC's Cost of Goods Sold for the three months ended in Dec. 2023 was د.إ25.44 Mil. Hence, National International Holding Co KSCC's Days Inventory for the three months ended in Dec. 2023 was 30.45.

The historical rank and industry rank for National International Holding Co KSCC's Days Inventory or its related term are showing as below:

DFM:NIH' s Days Inventory Range Over the Past 10 Years
Min: 55.07 Med: 69.36 Max: 138.39
Current: 58.73

During the past 13 years, National International Holding Co KSCC's highest Days Inventory was 138.39. The lowest was 55.07. And the median was 69.36.

DFM:NIH's Days Inventory is ranked better than
55.49% of 164 companies
in the Asset Management industry
Industry Median: 76.365 vs DFM:NIH: 58.73

National International Holding Co KSCC's Days Inventory increased from Dec. 2022 (29.18) to Dec. 2023 (30.45). It might indicate that National International Holding Co KSCC's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. National International Holding Co KSCC's Inventory Turnover for the three months ended in Dec. 2023 was 3.00.

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. National International Holding Co KSCC's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.56.

National International Holding Co KSCC Days Inventory Historical Data

The historical data trend for National International Holding Co KSCC'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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National International Holding Co KSCC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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58.95

81.60

68.81

55.08

57.39

National International Holding Co KSCC 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															29.18	67.79	95.85	95.38	30.45

Competitive Comparison

For the Asset Management subindustry, National International Holding Co KSCC'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.

National International Holding Co KSCC Days Inventory Distribution

For the Asset Management industry and Financial Services sector, National International Holding Co KSCC's Days Inventory distribution charts can be found below:

* The bar in red indicates where National International Holding Co KSCC's Days Inventory falls into.

National International Holding Co KSCC Days Inventory Calculation

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

National International Holding Co KSCC'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
=	( (8.834	+	8.452)	/	2 )	/	54.97	*	365
=	8.643					/	54.97	*	365
=	57.39

National International Holding Co KSCC'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
=	( (8.524	+	8.452)	/	2 )	/	25.44	*	365 / 4
=	8.488					/	25.44	*	365 / 4
=	30.45

National International Holding Co KSCC (DFM:NIH) 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.

National International Holding Co KSCC's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	25.44	/	8.488
	=	3.00

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.

National International Holding Co KSCC's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	8.488	/	15.164
	=	0.56

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.

National International Holding Co KSCC Days Inventory Related Terms

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National International Holding Co KSCC (DFM:NIH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » National International Holding Co KSCC (DFM:NIH) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

NIH:Kuwait

Address

Abdulaziz Al-Saqer Street, Floor 45, Al-Raya Tower 2, PO Box 25825, Safat, Kuwait City, KWT

Website

http://www.nih-kw.com

National International Holding Co KSCC is an investment company that invests in private equity and financial instruments, regionally and globally. The company is engaged in various types of investment activities through a well-diversified investment portfolio spread over several investment sectors basically financial services, real estate, industrial, contracting, information technology, and leisure and tourism. The group has three reportable segments Financial investing activities; Real Estate investing activities and Industrial activities.

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