The Arab Pesticides & Veterinary Drugs Manufacturing Co (AMM:MBED) Days Inventory : 260.60 (As of Mar. 2024)

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What is The Arab Pesticides & Veterinary Drugs Manufacturing Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). The Arab Pesticides & Veterinary Drugs Manufacturing Co's Average Total Inventories for the three months ended in Mar. 2024 was JOD14.86 Mil. The Arab Pesticides & Veterinary Drugs Manufacturing Co's Cost of Goods Sold for the three months ended in Mar. 2024 was JOD5.20 Mil. Hence, The Arab Pesticides & Veterinary Drugs Manufacturing Co's Days Inventory for the three months ended in Mar. 2024 was 260.60.

The historical rank and industry rank for The Arab Pesticides & Veterinary Drugs Manufacturing Co's Days Inventory or its related term are showing as below:

AMM:MBED' s Days Inventory Range Over the Past 10 Years
Min: 216.16 Med: 263.42 Max: 313.52
Current: 271.4

During the past 13 years, The Arab Pesticides & Veterinary Drugs Manufacturing Co's highest Days Inventory was 313.52. The lowest was 216.16. And the median was 263.42.

AMM:MBED's Days Inventory is ranked worse than
90.87% of 230 companies
in the Agriculture industry
Industry Median: 110.075 vs AMM:MBED: 271.40

The Arab Pesticides & Veterinary Drugs Manufacturing Co's Days Inventory declined from Mar. 2023 (275.61) to Mar. 2024 (260.60).

Inventory Turnover measures how fast the company turns over its inventory within a year. The Arab Pesticides & Veterinary Drugs Manufacturing Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.35.

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. The Arab Pesticides & Veterinary Drugs Manufacturing Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.82.

The Arab Pesticides & Veterinary Drugs Manufacturing Co Days Inventory Historical Data

The historical data trend for The Arab Pesticides & Veterinary Drugs Manufacturing 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.

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The Arab Pesticides & Veterinary Drugs Manufacturing Co Days Inventory Chart

The Arab Pesticides & Veterinary Drugs Manufacturing Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

232.64

271.30

298.50

313.52

276.87

The Arab Pesticides & Veterinary Drugs Manufacturing Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															275.61	270.27	292.10	265.50	260.60

Competitive Comparison of The Arab Pesticides & Veterinary Drugs Manufacturing Co's Days Inventory

For the Agricultural Inputs subindustry, The Arab Pesticides & Veterinary Drugs Manufacturing 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.

The Arab Pesticides & Veterinary Drugs Manufacturing Co's Days Inventory Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, The Arab Pesticides & Veterinary Drugs Manufacturing Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where The Arab Pesticides & Veterinary Drugs Manufacturing Co's Days Inventory falls into.

The Arab Pesticides & Veterinary Drugs Manufacturing Co Days Inventory Calculation

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

The Arab Pesticides & Veterinary Drugs Manufacturing 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
=	( (15.307	+	15.112)	/	2 )	/	20.051	*	365
=	15.2095					/	20.051	*	365
=	276.87

The Arab Pesticides & Veterinary Drugs Manufacturing Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (15.112	+	14.606)	/	2 )	/	5.203	*	365 / 4
=	14.859					/	5.203	*	365 / 4
=	260.60

The Arab Pesticides & Veterinary Drugs Manufacturing Co (AMM:MBED) 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.

The Arab Pesticides & Veterinary Drugs Manufacturing Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5.203	/	14.859
	=	0.35

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.

The Arab Pesticides & Veterinary Drugs Manufacturing Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	14.859	/	8.169
	=	1.82

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.

The Arab Pesticides & Veterinary Drugs Manufacturing Co Days Inventory Related Terms

Thank you for viewing the detailed overview of The Arab Pesticides & Veterinary Drugs Manufacturing Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

The Arab Pesticides & Veterinary Drugs Manufacturing Co (AMM:MBED) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » The Arab Pesticides & Veterinary Drugs Manufacturing Co (AMM:MBED) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zahran Street, AL-Husseini Complex, P.O. Box 930103, Amman, JOR, 11193

Website

http://www.mobedco.com

The Arab Pesticides & Veterinary Drugs Manufacturing Co is a Jordan based company. It is a generic manufacturer of veterinary drugs and pesticides. The products included among pesticides are insecticides, nematicides, fungicides, rodenticides among others; and those among veterinary drugs include antibiotics, ectoparasiticides, vitamins among others. Geographically, it covers areas from Asia to Africa and Common Wealth of Independent States.

The Arab Pesticides & Veterinary Drugs Manufacturing Co (AMM:MBED) Headlines

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