National Mobile Telecommunications Co KSC (KUW:OOREDOO) Days Inventory : 15.71 (As of Jun. 2024)

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What is National Mobile Telecommunications Co KSC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). National Mobile Telecommunications Co KSC's Average Total Inventories for the three months ended in Jun. 2024 was KWD15.8 Mil. National Mobile Telecommunications Co KSC's Cost of Goods Sold for the three months ended in Jun. 2024 was KWD92.0 Mil. Hence, National Mobile Telecommunications Co KSC's Days Inventory for the three months ended in Jun. 2024 was 15.71.

The historical rank and industry rank for National Mobile Telecommunications Co KSC's Days Inventory or its related term are showing as below:

KUW:OOREDOO' s Days Inventory Range Over the Past 10 Years
Min: 14.59 Med: 15.79 Max: 34.85
Current: 15.4

During the past 13 years, National Mobile Telecommunications Co KSC's highest Days Inventory was 34.85. The lowest was 14.59. And the median was 15.79.

KUW:OOREDOO's Days Inventory is ranked better than
57.72% of 298 companies
in the Telecommunication Services industry
Industry Median: 18.385 vs KUW:OOREDOO: 15.40

National Mobile Telecommunications Co KSC's Days Inventory declined from Jun. 2023 (17.38) to Jun. 2024 (15.71).

Inventory Turnover measures how fast the company turns over its inventory within a year. National Mobile Telecommunications Co KSC's Inventory Turnover for the three months ended in Jun. 2024 was 5.81.

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. National Mobile Telecommunications Co KSC's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.09.

National Mobile Telecommunications Co KSC Days Inventory Historical Data

The historical data trend for National Mobile Telecommunications Co KSC'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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National Mobile Telecommunications Co KSC Days Inventory Chart

National Mobile Telecommunications Co KSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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23.20

14.59

15.79

14.75

National Mobile Telecommunications Co KSC Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Inventory	Get a 7-Day Free Trial															17.38	16.41	14.15	16.88	15.71

Competitive Comparison of National Mobile Telecommunications Co KSC's Days Inventory

For the Telecom Services subindustry, National Mobile Telecommunications Co KSC'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.

National Mobile Telecommunications Co KSC's Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, National Mobile Telecommunications Co KSC's Days Inventory distribution charts can be found below:

* The bar in red indicates where National Mobile Telecommunications Co KSC's Days Inventory falls into.

National Mobile Telecommunications Co KSC Days Inventory Calculation

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

National Mobile Telecommunications Co KSC'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
=	( (15.146	+	11.25)	/	2 )	/	326.524	*	365
=	13.198					/	326.524	*	365
=	14.75

National Mobile Telecommunications Co KSC'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: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (20.842	+	10.836)	/	2 )	/	92.002	*	365 / 4
=	15.839					/	92.002	*	365 / 4
=	15.71

National Mobile Telecommunications Co KSC (KUW:OOREDOO) 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.

National Mobile Telecommunications Co KSC's Inventory Turnover for the three months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	92.002	/	15.839
	=	5.81

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.

National Mobile Telecommunications Co KSC's Inventory to Revenue for the three months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	15.839	/	176.678
	=	0.09

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.

National Mobile Telecommunications Co KSC Days Inventory Related Terms

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

National Mobile Telecommunications Co KSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » National Mobile Telecommunications Co KSC (KUW:OOREDOO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Soor Street, Ooredoo Tower, P.O. Box 613, Safat, Kuwait, KWT, 13007

Website

https://www.ooredoo.com.kw

National Mobile Telecommunications Co KSC is a communications company. It offers mobile, fixed, broadband internet, mobile telephone services, and corporate managed services. Its other business activity consists of purchase, supply, installation, management, and maintenance of wireless sets and equipment, mobile telephone services, pager system, and other telecommunication services. The company is organized geographically across the following principal operating segments: Kuwait, Tunisia, Algeria, Maldives, and Others. The reportable operating segments derive their revenue from telecommunications services.

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