SODEP -Marsa Maroc (CAS:MSA) Days Inventory : 37.47 (As of Jun. 2024)

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What is SODEP -Marsa Maroc Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SODEP -Marsa Maroc's Average Total Inventories for the six months ended in Jun. 2024 was MAD131 Mil. SODEP -Marsa Maroc's Cost of Goods Sold for the six months ended in Jun. 2024 was MAD638 Mil. Hence, SODEP -Marsa Maroc's Days Inventory for the six months ended in Jun. 2024 was 37.47.

The historical rank and industry rank for SODEP -Marsa Maroc's Days Inventory or its related term are showing as below:

CAS:MSA' s Days Inventory Range Over the Past 10 Years
Min: 16.75 Med: 20.19 Max: 27.12
Current: 21.12

During the past 9 years, SODEP -Marsa Maroc's highest Days Inventory was 27.12. The lowest was 16.75. And the median was 20.19.

CAS:MSA's Days Inventory is ranked worse than
68.47% of 777 companies
in the Transportation industry
Industry Median: 12.07 vs CAS:MSA: 21.12

SODEP -Marsa Maroc's Days Inventory increased from Jun. 2023 (36.13) to Jun. 2024 (37.47). It might indicate that SODEP -Marsa Maroc's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. SODEP -Marsa Maroc's Inventory Turnover for the six months ended in Jun. 2024 was 4.87.

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. SODEP -Marsa Maroc's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.05.

SODEP -Marsa Maroc Days Inventory Historical Data

The historical data trend for SODEP -Marsa Maroc'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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SODEP -Marsa Maroc Days Inventory Chart

SODEP -Marsa Maroc Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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17.57

23.86

19.97

19.93

20.19

SODEP -Marsa Maroc Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Inventory	Get a 7-Day Free Trial												20.31	20.34	36.13	14.59	37.47

Competitive Comparison of SODEP -Marsa Maroc's Days Inventory

For the Marine Shipping subindustry, SODEP -Marsa Maroc'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.

SODEP -Marsa Maroc's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, SODEP -Marsa Maroc's Days Inventory distribution charts can be found below:

* The bar in red indicates where SODEP -Marsa Maroc's Days Inventory falls into.

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SODEP -Marsa Maroc Days Inventory Calculation

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

SODEP -Marsa Maroc'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
=	( (115.92	+	129.158)	/	2 )	/	2215.318	*	365
=	122.539					/	2215.318	*	365
=	20.19

SODEP -Marsa Maroc's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

	Days Inventory (Q: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (129.158	+	132.888)	/	2 )	/	638.191	*	365 / 2
=	131.023					/	638.191	*	365 / 2
=	37.47

SODEP -Marsa Maroc (CAS:MSA) 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.

SODEP -Marsa Maroc's Inventory Turnover for the six months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	638.191	/	131.023
	=	4.87

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.

SODEP -Marsa Maroc's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	131.023	/	2482.035
	=	0.05

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.

SODEP -Marsa Maroc Days Inventory Related Terms

Thank you for viewing the detailed overview of SODEP -Marsa Maroc's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

SODEP -Marsa Maroc Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SODEP -Marsa Maroc SA (CAS:MSA) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

175, Boulevard Zerktouni, Casablanca, MAR, 20100

Website

https://www.marsamaroc.co.ma

SODEP -Marsa Maroc SA is engaged in the management of port terminals. The company offers its customers, importers and exporters, ship owners and shipping agents, freight forwarders, and logistics companies, a wide range of port logistics services. The services offered fall into two categories: services to ships such as piloting, towing, mooring and refueling; and services to goods which includes basic services like handling on board ships and on the dockside, storing, pointing, weighing, stuffing and unstuffing of containers and other related services. The company's segment consists of container, solid bulk, conventional, liquid bulk, Ro-Ro, passengers.