Al Fajar AL Alamia CoOG (MUS:AFAI) Days Inventory: 44.18 (As of Mar. 2019)

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What is Al Fajar AL Alamia CoOG Days Inventory?

Al Fajar AL Alamia CoOG MUS:AFAI Days Inventory is 44.18 as of Mar. 2019.

Days Inventory is also known as Days Sales of Inventory (DSI). Al Fajar AL Alamia CoOG's Average Total Inventories for the three months ended in Mar. 2019 was ر.ع1.93 Mil. Al Fajar AL Alamia CoOG's Cost of Goods Sold for the three months ended in Mar. 2019 was ر.ع3.98 Mil. Hence, Al Fajar AL Alamia CoOG's Days Inventory for the three months ended in Mar. 2019 was 44.18.

The historical rank and industry rank for Al Fajar AL Alamia CoOG's Days Inventory or its related term are showing as below:

MUS:AFAI's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 86.48
* Ranked among companies with meaningful Days Inventory only.

Al Fajar AL Alamia CoOG's Days Inventory increased from Mar. 2018 (36.17) to Mar. 2019 (44.18). It might indicate that Al Fajar AL Alamia CoOG's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Al Fajar AL Alamia CoOG's Inventory Turnover for the three months ended in Mar. 2019 was 2.07.

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. Al Fajar AL Alamia CoOG's Inventory-to-Revenue for the three months ended in Mar. 2019 was 0.36.


Al Fajar AL Alamia CoOG  (MUS:AFAI) 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.

Al Fajar AL Alamia CoOG's Inventory Turnover for the three months ended in Mar. 2019 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.

Al Fajar AL Alamia CoOG's Inventory to Revenue for the three months ended in Mar. 2019 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.


Al Fajar AL Alamia CoOG Days Inventory Related Terms


Al Fajar AL Alamia CoOG Days Inventory Historical Data

* Premium members only.

The historical data trend for Al Fajar AL Alamia CoOG'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.

Al Fajar AL Alamia CoOG Days Inventory Chart

Al Fajar AL Alamia CoOG Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.70 42.07 36.93 38.33 38.41

Al Fajar AL Alamia CoOG Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 36.17 38.22 41.71 37.94 44.18

MUS:AFAI vs SND: Days Inventory Comparison

For the Other Industrial Metals & Mining subindustry, Al Fajar AL Alamia CoOG'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.


Al Fajar AL Alamia CoOG Days Inventory vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Al Fajar AL Alamia CoOG's Days Inventory distribution charts can be found below:

* The bar in red indicates where Al Fajar AL Alamia CoOG's Days Inventory falls into.



Al Fajar AL Alamia CoOG Days Inventory Calculation

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

Al Fajar AL Alamia CoOG's Days Inventory for the fiscal year that ended in Jun. 2018 is calculated as

Days Inventory (A: Jun. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2017 ) + Total Inventories (A: Jun. 2018 )) / count ) / Cost of Goods Sold (A: Jun. 2018 )*Days in Period
=( (1.372 + 1.909) / 2 ) / 15.59*365
=1.6405 / 15.59*365
=38.41

Al Fajar AL Alamia CoOG's Days Inventory for the quarter that ended in Mar. 2019 is calculated as:

Days Inventory (Q: Mar. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2018 ) + Total Inventories (Q: Mar. 2019 )) / count ) / Cost of Goods Sold (Q: Mar. 2019 )*Days in Period
=( (1.77 + 2.086) / 2 ) / 3.982*365 / 4
=1.928 / 3.982*365 / 4
=44.18

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 44.18 mean?
Al Fajar AL Alamia CoOG (MUS:AFAI) has a Days Inventory of 44.18 as of Mar. 2019. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Al Fajar AL Alamia CoOG and its competitors.
Is Al Fajar AL Alamia CoOG's Days Inventory too high?
Al Fajar AL Alamia CoOG's current Days Inventory is 44.18. The Metals & Mining industry median Days Inventory is 86.48. Al Fajar AL Alamia CoOG's value of 44.18 is 48.9% below this industry median.
How does Al Fajar AL Alamia CoOG's Days Inventory compare to SND?
Al Fajar AL Alamia CoOG's Days Inventory of 44.18 can be compared against companies in the Metals & Mining industry. The industry median Days Inventory is 86.48. Al Fajar AL Alamia CoOG's value of 44.18 is 48.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Metals & Mining company?
The median Days Inventory among Metals & Mining companies is 86.48, based on 685 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Al Fajar AL Alamia CoOG's current Days Inventory of 44.18 is 48.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Al Fajar AL Alamia CoOG and its competitors. For the Metals & Mining industry, the median Days Inventory is 86.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Al Fajar AL Alamia CoOG's current Days Inventory is 44.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Fajar AL Alamia CoOG stock overvalued right now?
Al Fajar AL Alamia CoOG (MUS:AFAI) has a current Days Inventory of 44.18. The current Days Inventory is 44.18 and 48.9% below the Metals & Mining industry median of 86.48. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Al Fajar AL Alamia CoOG (MUS:AFAI), the current Days Inventory is 44.18 as of Mar. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Al Fajar AL Alamia CoOG Business Description

Address Ghala Industrial Estate, Block No: 260, Plot no: 969, Complex no: 260, Street no: 6037, Building no: 2822, City Center Al Qurum, Muscat, OMN, 102
Al Fajar AL Alamia Co SAOG along with its subsidiaries engages in the manufacture and sale of industrial grade explosives. The company primarily manufactures, packages and stores ammonium nitrate, fuel oil (ANFO) and emulsion explosives. ANFO explosives are priced lower than emulsion high explosives and are used in larger quantities. It also provide service of import and storage of initiating systems and drilling accessories. The group operates in two segments:Explosives manufacturing and trading segment includes manufacture and sale of explosives. The Drilling and blasting segment engages in the business of providing drilling and blasting services. It provide services to roads, pipelines, dams, tunnels, undersea blasting for ports, mining and quarrying companies.