Fujairah Building Industries PJSC (ADX:FBI) Days Inventory: 149.30 (As of Dec. 2023)


ADX:FBI Fujairah Building Industries PJSC ADX:FBI
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What is Fujairah Building Industries PJSC Days Inventory?

Fujairah Building Industries PJSC ADX:FBI 10 Days Inventory is 149.30 as of Dec. 2023. GuruFocus rates ADX:FBI with a GF Score™ of 10/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Fujairah Building Industries PJSC's Average Total Inventories for the six months ended in Dec. 2023 was د.إ47.0 Mil. Fujairah Building Industries PJSC's Cost of Goods Sold for the six months ended in Dec. 2023 was د.إ114.9 Mil. Hence, Fujairah Building Industries PJSC's Days Inventory for the six months ended in Dec. 2023 was 74.65.

The historical rank and industry rank for Fujairah Building Industries PJSC's Days Inventory or its related term are showing as below:

ADX:FBI's Days Inventory is not ranked *
in the Construction industry.
Industry Median: 50.57
* Ranked among companies with meaningful Days Inventory only.

Fujairah Building Industries PJSC's Days Inventory increased from Dec. 2021 (131.97) to Dec. 2023 (149.30). It might indicate that Fujairah Building Industries PJSC's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fujairah Building Industries PJSC's Inventory Turnover for the six months ended in Dec. 2023 was 2.44.

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. Fujairah Building Industries PJSC's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.26.


Fujairah Building Industries PJSC  (ADX:FBI) 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.

Fujairah Building Industries PJSC'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.

Fujairah Building Industries PJSC'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.


Fujairah Building Industries PJSC Days Inventory Related Terms


Fujairah Building Industries PJSC Days Inventory Historical Data

* Premium members only.

The historical data trend for Fujairah Building Industries 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.

Fujairah Building Industries PJSC Days Inventory Chart

Fujairah Building Industries PJSC 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 114.19 137.47 131.97 132.79 149.30

Fujairah Building Industries PJSC Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 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 114.19 137.47 131.97 132.79 149.30

ADX:FBI vs TT, JCI, CARR: Days Inventory Comparison

For the Building Products & Equipment subindustry, Fujairah Building Industries 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.


Fujairah Building Industries PJSC Days Inventory vs Construction Industry

For the Construction industry and Industrials sector, Fujairah Building Industries PJSC's Days Inventory distribution charts can be found below:

* The bar in red indicates where Fujairah Building Industries PJSC's Days Inventory falls into.


ADX:FBI
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Fujairah Building Industries PJSC Days Inventory Calculation

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

Fujairah Building Industries 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
=( (44.049 + 49.949) / 2 ) / 114.898*365
=46.999 / 114.898*365
=149.30

Fujairah Building Industries 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: Dec. 2022 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (44.049 + 49.949) / 2 ) / 114.898*365 / 2
=46.999 / 114.898*365 / 2
=74.65

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 149.30 mean?
Fujairah Building Industries PJSC (ADX:FBI) has a Days Inventory of 149.30 as of Dec. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Fujairah Building Industries PJSC and its competitors.
Is Fujairah Building Industries PJSC's Days Inventory too high?
Fujairah Building Industries PJSC's current Days Inventory is 149.30. The Construction industry median Days Inventory is 50.57. Fujairah Building Industries PJSC's value of 149.30 is 195.2% above this industry median. Overall, Fujairah Building Industries PJSC has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Fujairah Building Industries PJSC's Days Inventory compare to TT and JCI?
Fujairah Building Industries PJSC's Days Inventory of 149.30 can be compared against companies in the Construction industry. The industry median Days Inventory is 50.57. Fujairah Building Industries PJSC's value of 149.30 is 195.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Construction company?
The median Days Inventory among Construction companies is 50.57, based on 1,479 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fujairah Building Industries PJSC's current Days Inventory of 149.30 is 195.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Fujairah Building Industries PJSC and its competitors. For the Construction industry, the median Days Inventory is 50.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fujairah Building Industries PJSC's current Days Inventory is 149.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fujairah Building Industries PJSC stock overvalued right now?
Fujairah Building Industries PJSC (ADX:FBI) has a current Days Inventory of 149.30. The current Days Inventory is 149.30 and 195.2% above the Construction industry median of 50.57. Fujairah Building Industries PJSC's overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Fujairah Building Industries PJSC (ADX:FBI), the current Days Inventory is 149.30 as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Fujairah Building Industries PJSC Business Description

Address Al Hayl Industrial Area, P.O. Box 383, Fujairah, ARE
Fujairah Building Industries PJSC is engaged in the construction sector. The products of the company are Concrete products, Rockwool products, Quarry products, and Marbles and tiles. Geographically, the company derives maximum revenue from UAE.
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د.إ3.15
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