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Saudi Arabian Mining Co (SAU:1211) Days Inventory : 127.21 (As of Dec. 2023)


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What is Saudi Arabian Mining Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Saudi Arabian Mining Co's Average Total Inventories for the three months ended in Dec. 2023 was ﷼7,320 Mil. Saudi Arabian Mining Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ﷼5,251 Mil. Hence, Saudi Arabian Mining Co's Days Inventory for the three months ended in Dec. 2023 was 127.21.

The historical rank and industry rank for Saudi Arabian Mining Co's Days Inventory or its related term are showing as below:

SAU:1211' s Days Inventory Range Over the Past 10 Years
Min: 102.79   Med: 127.13   Max: 152.31
Current: 117.03

During the past 13 years, Saudi Arabian Mining Co's highest Days Inventory was 152.31. The lowest was 102.79. And the median was 127.13.

SAU:1211's Days Inventory is ranked worse than
66.11% of 658 companies
in the Metals & Mining industry
Industry Median: 87.34 vs SAU:1211: 117.03

Saudi Arabian Mining Co's Days Inventory increased from Dec. 2022 (94.94) to Dec. 2023 (127.21). It might indicate that Saudi Arabian Mining Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Saudi Arabian Mining Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.72.

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. Saudi Arabian Mining Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.91.


Saudi Arabian Mining Co Days Inventory Historical Data

The historical data trend for Saudi Arabian Mining Co'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.

Saudi Arabian Mining Co Days Inventory Chart

Saudi Arabian Mining Co 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 122.00 133.24 132.25 104.10 114.89

Saudi Arabian Mining Co 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 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 94.94 97.38 122.19 127.95 127.21

Competitive Comparison of Saudi Arabian Mining Co's Days Inventory

For the Other Industrial Metals & Mining subindustry, Saudi Arabian Mining Co'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.


Saudi Arabian Mining Co's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Saudi Arabian Mining Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Saudi Arabian Mining Co's Days Inventory falls into.



Saudi Arabian Mining Co Days Inventory Calculation

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

Saudi Arabian Mining Co'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
=( (6874.231 + 7200.234) / 2 ) / 22357.516*365
=7037.2325 / 22357.516*365
=114.89

Saudi Arabian Mining Co'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
=( (7438.927 + 7200.234) / 2 ) / 5250.625*365 / 4
=7319.5805 / 5250.625*365 / 4
=127.21

* 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.


Saudi Arabian Mining Co  (SAU:1211) 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.

Saudi Arabian Mining Co's Inventory Turnover for the three 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.

Saudi Arabian Mining Co's Inventory to Revenue for the three 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.


Saudi Arabian Mining Co Days Inventory Related Terms

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


Saudi Arabian Mining Co (SAU:1211) Business Description

Traded in Other Exchanges
N/A
Address
Abi Bakr Asseddiq Road, North Ring Road, Building Number 395, P.O. BOX 68861, South Exit 6, Riyadh, SAU, 11537
Saudi Arabian Mining Co, along with its subsidiaries, is involved in the development of mineral resources in Saudi Arabia. Its activities include mining of gold, phosphate rock, bauxite, low-grade bauxite, kaolin, and magnesite. It carries out its mining activities at Mahd Ad-Dahab, Bulghah, Al-Amar, Sukhaybarat, As Suq, Ad Duwayhi, Al-Jalamid, Al-Khabra, Az Zabirah, Al-Ghazallah, and Al-Ba'itha mines. It operates through various segments such as phosphate, aluminum, precious & base metals, and corporate. Its geographical segments are Europe, Spain, and the Indian Subcontinent.

Saudi Arabian Mining Co (SAU:1211) Headlines

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