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Ghabbour Auto (Ghabbour Auto) Days Inventory : 87.12 (As of Dec. 2023)


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What is Ghabbour Auto Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ghabbour Auto's Average Total Inventories for the three months ended in Dec. 2023 was $192.71 Mil. Ghabbour Auto's Cost of Goods Sold for the three months ended in Dec. 2023 was $201.84 Mil. Hence, Ghabbour Auto's Days Inventory for the three months ended in Dec. 2023 was 87.12.

The historical rank and industry rank for Ghabbour Auto's Days Inventory or its related term are showing as below:

GBAXY' s Days Inventory Range Over the Past 10 Years
Min: 54.97   Med: 74.41   Max: 122.35
Current: 89.87

During the past 13 years, Ghabbour Auto's highest Days Inventory was 122.35. The lowest was 54.97. And the median was 74.41.

GBAXY's Days Inventory is ranked worse than
56.38% of 1261 companies
in the Vehicles & Parts industry
Industry Median: 81.84 vs GBAXY: 89.87

Ghabbour Auto's Days Inventory increased from Dec. 2022 (81.58) to Dec. 2023 (87.12). It might indicate that Ghabbour Auto's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ghabbour Auto's Inventory Turnover for the three months ended in Dec. 2023 was 1.05.

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. Ghabbour Auto's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.68.


Ghabbour Auto Days Inventory Historical Data

The historical data trend for Ghabbour Auto'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.

Ghabbour Auto Days Inventory Chart

Ghabbour Auto 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 68.63 69.52 55.00 88.50 96.09

Ghabbour Auto 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 81.58 121.10 - 74.10 87.12

Competitive Comparison of Ghabbour Auto's Days Inventory

For the Auto Manufacturers subindustry, Ghabbour Auto'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.


Ghabbour Auto's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ghabbour Auto's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ghabbour Auto's Days Inventory falls into.



Ghabbour Auto Days Inventory Calculation

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

Ghabbour Auto'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
=( (159.119 + 205.948) / 2 ) / 693.365*365
=182.5335 / 693.365*365
=96.09

Ghabbour Auto'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
=( (179.462 + 205.948) / 2 ) / 201.844*365 / 4
=192.705 / 201.844*365 / 4
=87.12

* 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.


Ghabbour Auto  (OTCPK:GBAXY) 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.

Ghabbour Auto'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.

Ghabbour Auto'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.


Ghabbour Auto Days Inventory Related Terms

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


Ghabbour Auto (Ghabbour Auto) Business Description

Traded in Other Exchanges
Address
Alexandria Desert Road, Industrial Zone - Abou Rawash Kilo meter 28 Cairo, Giza, EGY
GB Corp is a company engaged in trading, distributing, and marketing of all transportation means including heavy trucks, semi-trucks, passenger cars, buses, minibuses, microbuses, agriculture tractors pick-ups, mechanical tools equipment for sail movement. It operates in segments that include Passenger cars engaged in trading, distributing, and marketing for all kinds of passenger cars including locally manufactured and imported cars. Buses and trucks segment, 2 & 3 Wheels, Financial Services non-Banking, and Other operations which includes trading spare parts, and accessories. The company derives the majority of its revenue from the Passenger car segment.

Ghabbour Auto (Ghabbour Auto) Headlines

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