Days Inventory is also known as Days Sales of Inventory (DSI). Ooredoo's Average Total Inventories for the
six
months ended in Dec. 2023 was ر.ع4.1 Mil. Ooredoo's Cost of Goods Sold for the
six
months ended in Dec. 2023 was ر.ع133.7 Mil.
Hence, Ooredoo's Days Inventory for the
six
months ended in Dec. 2023 was 5.63.
The historical rank and industry rank for Ooredoo's Days Inventory or its related term are showing as below:
MUS:ORDS'
s Days Inventory Range Over the Past 10 Years
Min: 6.19 Med: 14.06 Max: 36.56
Current: 11.25
During the past 13 years, Ooredoo's highest Days Inventory was 36.56. The lowest was 6.19. And the median was 14.06.
MUS:ORDS's Days Inventory is ranked better than 69.39% of 294
companies
in the Telecommunication Services industry
Industry Median: 19.135
vs MUS:ORDS: 11.25
Ooredoo's Days Inventory
declined
from Dec. 2021 (16.62) to Dec. 2023 (11.25).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Ooredoo's Inventory Turnover for the
six
months ended in Dec. 2023 was 32.44.
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.
Ooredoo's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.02.
Ooredoo Days Inventory Historical Data
The historical data trend for Ooredoo'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.
Competitive Comparison of Ooredoo's Days Inventory
For the Telecom Services subindustry, Ooredoo'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.
Ooredoo's Days Inventory Distribution in the Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Ooredoo's Days Inventory distribution charts can be found below:
* The bar in red indicates where Ooredoo's Days Inventory falls into.
Ooredoo Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Ooredoo's Days Inventory for the fiscal year that 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.
Ooredoo (MUS:ORDS) 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.
Ooredoo's Inventory Turnover for the
six
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.
Ooredoo's Inventory to Revenue for the
six
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.
Ooredoo Days Inventory Related Terms
Thank you for viewing the detailed overview of Ooredoo's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Ooredoo is an Oman-based company operating in the telecom industry. Its principal activities are the operation, maintenance, and development of mobile and fixed telecommunications services in the Sultanate of Oman. The company operates through two business segments, namely Mobile and Fixed-line. The Mobile segment is engaged in the operation of a global system for mobile communication for pre-paid and post-paid services, the sale of telecommunication equipment, and other associated services. The Fixed-line segment is involved in the provision of international and national voice and data services from fixed lines, the sale of telecommunication equipment, and other associated services. It derives a majority of the revenue from the Mobile segment.
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