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United Foods Co PSC (DFM:UFC) Days Inventory : 54.52 (As of Mar. 2024)


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What is United Foods Co PSC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). United Foods Co PSC's Average Total Inventories for the three months ended in Mar. 2024 was د.إ74.8 Mil. United Foods Co PSC's Cost of Goods Sold for the three months ended in Mar. 2024 was د.إ125.2 Mil. Hence, United Foods Co PSC's Days Inventory for the three months ended in Mar. 2024 was 54.52.

The historical rank and industry rank for United Foods Co PSC's Days Inventory or its related term are showing as below:

DFM:UFC' s Days Inventory Range Over the Past 10 Years
Min: 56.34   Med: 68.91   Max: 76.24
Current: 62.85

During the past 13 years, United Foods Co PSC's highest Days Inventory was 76.24. The lowest was 56.34. And the median was 68.91.

DFM:UFC's Days Inventory is ranked better than
65.31% of 1790 companies
in the Consumer Packaged Goods industry
Industry Median: 83.86 vs DFM:UFC: 62.85

United Foods Co PSC's Days Inventory declined from Mar. 2023 (61.68) to Mar. 2024 (54.52).

Inventory Turnover measures how fast the company turns over its inventory within a year. United Foods Co PSC's Inventory Turnover for the three months ended in Mar. 2024 was 1.67.

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. United Foods Co PSC's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.48.


United Foods Co PSC Days Inventory Historical Data

The historical data trend for United Foods Co PSC'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.

United Foods Co PSC Days Inventory Chart

United Foods Co PSC 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 57.80 58.23 67.98 74.04 76.24

United Foods Co PSC 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 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 61.68 66.73 70.68 60.84 54.52

Competitive Comparison of United Foods Co PSC's Days Inventory

For the Packaged Foods subindustry, United Foods Co PSC'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.


United Foods Co PSC's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, United Foods Co PSC's Days Inventory distribution charts can be found below:

* The bar in red indicates where United Foods Co PSC's Days Inventory falls into.



United Foods Co PSC Days Inventory Calculation

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

United Foods Co PSC'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
=( (125.286 + 72.457) / 2 ) / 473.346*365
=98.8715 / 473.346*365
=76.24

United Foods Co PSC'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
=( (72.457 + 77.104) / 2 ) / 125.156*365 / 4
=74.7805 / 125.156*365 / 4
=54.52

* 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.


United Foods Co PSC  (DFM:UFC) 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.

United Foods Co PSC's Inventory Turnover for the three months ended in Mar. 2024 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.

United Foods Co PSC's Inventory to Revenue for the three months ended in Mar. 2024 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.


United Foods Co PSC Days Inventory Related Terms

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


United Foods Co PSC (DFM:UFC) Business Description

Traded in Other Exchanges
N/A
Address
Al Quoz 1, P.O. Box 5836, Dubai, ARE
United Foods Co PSC is engaged in manufacturing, processing, and marketing of vegetable ghee, cooking oil, margarine, butter products, and fat including trading of other food products. Geographically, It operates in the United Arab Emirates, GCC other than UAE and the rest of the world, out of which the majority is from the United Arab Emirates. The Company operates under the following brands- Aseel, Nawar, Safi, Mumtaz, Della Terra and Super Sun. The company's business units are Oil & Fats, Frozen & Chilled and Water & Beverages.

United Foods Co PSC (DFM:UFC) Headlines

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