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East Pipes Integrated Co for Industry (SAU:1321) Days Inventory : 60.15 (As of Mar. 2024)


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What is East Pipes Integrated Co for Industry Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). East Pipes Integrated Co for Industry's Average Total Inventories for the three months ended in Mar. 2024 was ﷼335 Mil. East Pipes Integrated Co for Industry's Cost of Goods Sold for the three months ended in Mar. 2024 was ﷼509 Mil. Hence, East Pipes Integrated Co for Industry's Days Inventory for the three months ended in Mar. 2024 was 60.15.

The historical rank and industry rank for East Pipes Integrated Co for Industry's Days Inventory or its related term are showing as below:

SAU:1321' s Days Inventory Range Over the Past 10 Years
Min: 14.88   Med: 49.25   Max: 77.75
Current: 77.75

During the past 4 years, East Pipes Integrated Co for Industry's highest Days Inventory was 77.75. The lowest was 14.88. And the median was 49.25.

SAU:1321's Days Inventory is ranked better than
58.22% of 572 companies
in the Steel industry
Industry Median: 88.66 vs SAU:1321: 77.75

East Pipes Integrated Co for Industry's Days Inventory increased from Mar. 2023 (40.55) to Mar. 2024 (60.15). It might indicate that East Pipes Integrated Co for Industry'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. East Pipes Integrated Co for Industry's Inventory Turnover for the three months ended in Mar. 2024 was 1.52.

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. East Pipes Integrated Co for Industry's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.46.


East Pipes Integrated Co for Industry Days Inventory Historical Data

The historical data trend for East Pipes Integrated Co for Industry'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.

East Pipes Integrated Co for Industry Days Inventory Chart

East Pipes Integrated Co for Industry Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Days Inventory
59.25 49.41 14.88 49.08

East Pipes Integrated Co for Industry Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.55 276.96 123.67 76.51 60.15

Competitive Comparison of East Pipes Integrated Co for Industry's Days Inventory

For the Steel subindustry, East Pipes Integrated Co for Industry'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.


East Pipes Integrated Co for Industry's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, East Pipes Integrated Co for Industry's Days Inventory distribution charts can be found below:

* The bar in red indicates where East Pipes Integrated Co for Industry's Days Inventory falls into.



East Pipes Integrated Co for Industry Days Inventory Calculation

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

East Pipes Integrated Co for Industry's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (64.831 + 255.904) / 2 ) / 1192.609*365
=160.3675 / 1192.609*365
=49.08

East Pipes Integrated Co for Industry's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (415.063 + 255.904) / 2 ) / 508.931*365 / 4
=335.4835 / 508.931*365 / 4
=60.15

* 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.


East Pipes Integrated Co for Industry  (SAU:1321) 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.

East Pipes Integrated Co for Industry's Inventory Turnover for the three months ended in Mar. 2024 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.

East Pipes Integrated Co for Industry's Inventory to Revenue for the three months ended in Mar. 2024 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.


East Pipes Integrated Co for Industry Days Inventory Related Terms

Thank you for viewing the detailed overview of East Pipes Integrated Co for Industry's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


East Pipes Integrated Co for Industry (SAU:1321) Business Description

Traded in Other Exchanges
N/A
Address
Street No 89, 2nd Industrial City, P.O Box 12943, P. Code 31483, Dammam, SAU
East Pipes Integrated Co for Industry is engaged in the manufacturing of Helical Submerged Arc Welded (HSAW) pipes. It produces pipes that transport Water, Oil, and Gas, according to a wide range of diameters of spiral pipes. The firm provides coating services on pipes provided by the customers and generates revenue from the same. The business operating assets of the firm are located in the Kingdom of Saudi Arabia.

East Pipes Integrated Co for Industry (SAU:1321) Headlines

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