Al Maha Ceramics CoOC (MUS:AMCI) Days Inventory: 135.21 (As of Mar. 2018)


What is Al Maha Ceramics CoOC Days Inventory?

Al Maha Ceramics CoOC MUS:AMCI +3.70% Days Inventory is 135.21 as of Mar. 2018.

Days Inventory is also known as Days Sales of Inventory (DSI). Al Maha Ceramics CoOC's Average Total Inventories for the three months ended in Mar. 2018 was ر.ع1.95 Mil. Al Maha Ceramics CoOC's Cost of Goods Sold for the three months ended in Mar. 2018 was ر.ع1.32 Mil. Hence, Al Maha Ceramics CoOC's Days Inventory for the three months ended in Mar. 2018 was 135.21.

The historical rank and industry rank for Al Maha Ceramics CoOC's Days Inventory or its related term are showing as below:

MUS:AMCI's Days Inventory is not ranked *
in the Construction industry.
Industry Median: 50.465
* Ranked among companies with meaningful Days Inventory only.

Al Maha Ceramics CoOC's Days Inventory increased from Mar. 2017 (104.28) to Mar. 2018 (135.21). It might indicate that Al Maha Ceramics CoOC's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Al Maha Ceramics CoOC's Inventory Turnover for the three months ended in Mar. 2018 was 0.67.

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. Al Maha Ceramics CoOC's Inventory-to-Revenue for the three months ended in Mar. 2018 was 0.98.

Al Maha Ceramics CoOC  (MUS:AMCI) 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 Maha Ceramics CoOC's Inventory Turnover for the three months ended in Mar. 2018 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=1.315 / 1.9485
=0.67

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 Maha Ceramics CoOC's Inventory to Revenue for the three months ended in Mar. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=1.9485 / 1.983
=0.98

* 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 Maha Ceramics CoOC Days Inventory Related Terms

Al Maha Ceramics CoOC Days Inventory Historical Data

* Premium members only.

The historical data trend for Al Maha Ceramics CoOC'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 Maha Ceramics CoOC Days Inventory Chart

Al Maha Ceramics CoOC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17
Days Inventory
116.98 105.05 115.47 124.62 130.01

Al Maha Ceramics CoOC Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 104.28 117.93 130.65 129.44 135.21

Al Maha Ceramics CoOC Days Inventory Competitor Comparison

For the Building Products & Equipment subindustry, Al Maha Ceramics CoOC'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 Maha Ceramics CoOC Days Inventory vs Construction Industry

For the Construction industry and Industrials sector, Al Maha Ceramics CoOC's Days Inventory distribution charts can be found below:

* The bar in red indicates where Al Maha Ceramics CoOC's Days Inventory falls into.


Al Maha Ceramics CoOC Days Inventory Calculation

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

Al Maha Ceramics CoOC's Days Inventory for the fiscal year that ended in Dec. 2017 is calculated as

Days Inventory (A: Dec. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2016 ) + Total Inventories (A: Dec. 2017 )) / count ) / Cost of Goods Sold (A: Dec. 2017 )*Days in Period
=( (1.806 + 1.991) / 2 ) / 5.33*365
=1.8985 / 5.33*365
=130.01

Al Maha Ceramics CoOC's Days Inventory for the quarter that ended in Mar. 2018 is calculated as:

Days Inventory (Q: Mar. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2017 ) + Total Inventories (Q: Mar. 2018 )) / count ) / Cost of Goods Sold (Q: Mar. 2018 )*Days in Period
=( (1.991 + 1.906) / 2 ) / 1.315*365 / 4
=1.9485 / 1.315*365 / 4
=135.21

* 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 135.21 mean?
Al Maha Ceramics CoOC (MUS:AMCI) has a Days Inventory of 135.21 as of Mar. 2018. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Al Maha Ceramics CoOC and its competitors.
Is Al Maha Ceramics CoOC's Days Inventory too high?
Al Maha Ceramics CoOC's current Days Inventory is 135.21. The Construction industry median Days Inventory is 50.47. Al Maha Ceramics CoOC's value of 135.21 is 167.9% above this industry median.
How does Al Maha Ceramics CoOC's Days Inventory compare to competitors?
Al Maha Ceramics CoOC's Days Inventory of 135.21 can be compared against companies in the Construction industry. The industry median Days Inventory is 50.47. Al Maha Ceramics CoOC's value of 135.21 is 167.9% above 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 Construction company?
The median Days Inventory among Construction companies is 50.47, based on 1,480 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 Maha Ceramics CoOC's current Days Inventory of 135.21 is 167.9% above 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 Maha Ceramics CoOC and its competitors. For the Construction industry, the median Days Inventory is 50.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Al Maha Ceramics CoOC's current Days Inventory is 135.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Maha Ceramics CoOC stock overvalued right now?
Al Maha Ceramics CoOC (MUS:AMCI) has a current Days Inventory of 135.21. The current Days Inventory is 135.21 and 167.9% above the Construction industry median of 50.47. 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 Maha Ceramics CoOC (MUS:AMCI), the current Days Inventory is 135.21 as of Mar. 2018. 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 Maha Ceramics CoOC Business Description

Address Falaj Al Qabail, PO BOX 482, Sohar, OMN, 322
Al Maha Ceramics Co SAOC is a ceramic tile producing company in Oman. Its product offerings include ceramic tiles, glazed wall, floor tiles, border and highlighter tiles in a variety of designs and shades. The company also exports its products to the United Arab Emirates, Saudi Arabia, Qatar, Bahrain, Syria, Lebanon, Jordan, Africa, and South Asia.