Salalah Mills CoOG (MUS:SFMI) Days Inventory : 181.82 (As of Dec. 2022)

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What is Salalah Mills CoOG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Salalah Mills CoOG's Average Total Inventories for the six months ended in Dec. 2022 was ر.ع34.12 Mil. Salalah Mills CoOG's Cost of Goods Sold for the six months ended in Dec. 2022 was ر.ع68.49 Mil. Hence, Salalah Mills CoOG's Days Inventory for the six months ended in Dec. 2022 was 90.91.

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

MUS:SFMI' s Days Inventory Range Over the Past 10 Years
Min: 90.87 Med: 118.28 Max: 181.82
Current: 181.82

During the past 13 years, Salalah Mills CoOG's highest Days Inventory was 181.82. The lowest was 90.87. And the median was 118.28.

MUS:SFMI's Days Inventory is ranked worse than
83.64% of 1791 companies
in the Consumer Packaged Goods industry
Industry Median: 83.4 vs MUS:SFMI: 181.82

Salalah Mills CoOG's Days Inventory increased from Dec. 2017 (102.59) to Dec. 2022 (181.82). It might indicate that Salalah Mills CoOG's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Salalah Mills CoOG's Inventory Turnover for the six months ended in Dec. 2022 was 2.01.

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. Salalah Mills CoOG's Inventory-to-Revenue for the six months ended in Dec. 2022 was 0.45.

Salalah Mills CoOG Days Inventory Historical Data

The historical data trend for Salalah Mills 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.

Salalah Mills CoOG Days Inventory Chart

Salalah Mills CoOG Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec21

Dec22

Days Inventory

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119.48

102.07

102.59

122.16

181.82

Salalah Mills CoOG Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec21	Dec22
Days Inventory	Get a 7-Day Free Trial									119.48	102.07	102.59	122.16	181.82

Competitive Comparison of Salalah Mills CoOG's Days Inventory

For the Farm Products subindustry, Salalah Mills 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.

Salalah Mills CoOG's Days Inventory Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Salalah Mills CoOG's Days Inventory falls into.

Salalah Mills CoOG Days Inventory Calculation

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

Salalah Mills CoOG's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0	+	34.116)	/	1 )	/	68.488	*	365
=	34.116					/	68.488	*	365
=	181.82

Salalah Mills CoOG's Days Inventory for the quarter that ended in Dec. 2022 is calculated as:

	Days Inventory (Q: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2021 )	+	Total Inventories (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (0	+	34.116)	/	1 )	/	68.488	*	365 / 2
=	34.116					/	68.488	*	365 / 2
=	90.91

Salalah Mills CoOG (MUS:SFMI) 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.

Salalah Mills CoOG's Inventory Turnover for the six months ended in Dec. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	68.488	/	34.116
	=	2.01

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.

Salalah Mills CoOG's Inventory to Revenue for the six months ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	34.116	/	75.494
	=	0.45

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.

Salalah Mills CoOG Days Inventory Related Terms

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

Salalah Mills CoOG (MUS:SFMI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Salalah Mills Co SAOG (MUS:SFMI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Awqadain, P.O Box 67, Salalah, OMN, 217

Website

http://www.salalah-mills.com

Salalah Mills Co SAOG is engaged in milling of wheat and selling wheat flour, bran and feed in Oman, Africa & other Asian countries. It offers various flour products, Arabic bread flour, home baking flour, Semolina, Harees, Jareesh & other atta products.

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