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Gulf Mushroom Products CoOG (MUS:GMPI) Days Inventory : 118.62 (As of Dec. 2023)


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What is Gulf Mushroom Products CoOG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gulf Mushroom Products CoOG's Average Total Inventories for the three months ended in Dec. 2023 was ر.ع1.91 Mil. Gulf Mushroom Products CoOG's Cost of Goods Sold for the three months ended in Dec. 2023 was ر.ع1.47 Mil. Hence, Gulf Mushroom Products CoOG's Days Inventory for the three months ended in Dec. 2023 was 118.62.

The historical rank and industry rank for Gulf Mushroom Products CoOG's Days Inventory or its related term are showing as below:

MUS:GMPI' s Days Inventory Range Over the Past 10 Years
Min: 57.85   Med: 75.12   Max: 131.78
Current: 131.78

During the past 13 years, Gulf Mushroom Products CoOG's highest Days Inventory was 131.78. The lowest was 57.85. And the median was 75.12.

MUS:GMPI's Days Inventory is ranked worse than
71.86% of 1791 companies
in the Consumer Packaged Goods industry
Industry Median: 83.4 vs MUS:GMPI: 131.78

Gulf Mushroom Products CoOG's Days Inventory declined from Dec. 2022 (138.58) to Dec. 2023 (118.62).

Inventory Turnover measures how fast the company turns over its inventory within a year. Gulf Mushroom Products CoOG's Inventory Turnover for the three months ended in Dec. 2023 was 0.77.

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. Gulf Mushroom Products CoOG's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.72.


Gulf Mushroom Products CoOG Days Inventory Historical Data

The historical data trend for Gulf Mushroom Products 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.

* Premium members only.

Gulf Mushroom Products CoOG Days Inventory Chart

Gulf Mushroom Products CoOG Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.35 57.85 69.29 70.08 116.83

Gulf Mushroom Products CoOG Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Jun19 Sep19 Jun20 Sep20 Mar21 Jun21 Sep21 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 138.58 153.83 139.62 131.54 118.62

Competitive Comparison of Gulf Mushroom Products CoOG's Days Inventory

For the Farm Products subindustry, Gulf Mushroom Products 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.


Gulf Mushroom Products CoOG's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Gulf Mushroom Products CoOG's Days Inventory distribution charts can be found below:

* The bar in red indicates where Gulf Mushroom Products CoOG's Days Inventory falls into.



Gulf Mushroom Products CoOG Days Inventory Calculation

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

Gulf Mushroom Products CoOG'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
=( (0 + 1.803) / 1 ) / 5.633*365
=1.803 / 5.633*365
=116.83

Gulf Mushroom Products CoOG'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
=( (2.011 + 1.803) / 2 ) / 1.467*365 / 4
=1.907 / 1.467*365 / 4
=118.62

* 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.


Gulf Mushroom Products CoOG  (MUS:GMPI) 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.

Gulf Mushroom Products CoOG'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.

Gulf Mushroom Products CoOG'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.


Gulf Mushroom Products CoOG Days Inventory Related Terms

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


Gulf Mushroom Products CoOG (MUS:GMPI) Business Description

Traded in Other Exchanges
N/A
Address
Post Box 383, Barka, OMN, 320
Gulf Mushroom Products Co SAOG is engaged in the cultivation, processing, and marketing of mushrooms. The company's products are marketed under the name Gulf Fresh and include fresh white mushrooms, baby mushrooms, giant fresh mushrooms, brown mushrooms, and portabella mushroom. It markets through a network of distributors located in the Middle East markets, such as Dubai, Qatar, Bahrain, Kuwait and Saudi Arabia.

Gulf Mushroom Products CoOG (MUS:GMPI) Headlines

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