Wafrah for Industry and Development (SAU:2100) Days Inventory : 113.40 (As of Sep. 2024)

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What is Wafrah for Industry and Development Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Wafrah for Industry and Development's Average Total Inventories for the three months ended in Sep. 2024 was ﷼36.1 Mil. Wafrah for Industry and Development's Cost of Goods Sold for the three months ended in Sep. 2024 was ﷼29.1 Mil. Hence, Wafrah for Industry and Development's Days Inventory for the three months ended in Sep. 2024 was 113.40.

The historical rank and industry rank for Wafrah for Industry and Development's Days Inventory or its related term are showing as below:

SAU:2100' s Days Inventory Range Over the Past 10 Years
Min: 73.39 Med: 121.51 Max: 213.55
Current: 99.73

During the past 13 years, Wafrah for Industry and Development's highest Days Inventory was 213.55. The lowest was 73.39. And the median was 121.51.

SAU:2100's Days Inventory is ranked worse than
61.18% of 1811 companies
in the Consumer Packaged Goods industry
Industry Median: 81.87 vs SAU:2100: 99.73

Wafrah for Industry and Development's Days Inventory increased from Sep. 2023 (68.29) to Sep. 2024 (113.40). It might indicate that Wafrah for Industry and Development's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wafrah for Industry and Development's Inventory Turnover for the three months ended in Sep. 2024 was 0.80.

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. Wafrah for Industry and Development's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.87.

Wafrah for Industry and Development Days Inventory Historical Data

The historical data trend for Wafrah for Industry and Development'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.

Wafrah for Industry and Development Days Inventory Chart

Wafrah for Industry and Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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94.68

108.47

124.57

75.81

73.39

Wafrah for Industry and Development Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial															68.29	77.91	80.17	137.31	113.40

Competitive Comparison of Wafrah for Industry and Development's Days Inventory

For the Packaged Foods subindustry, Wafrah for Industry and Development'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.

Wafrah for Industry and Development's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Wafrah for Industry and Development's Days Inventory distribution charts can be found below:

* The bar in red indicates where Wafrah for Industry and Development's Days Inventory falls into.

Wafrah for Industry and Development Days Inventory Calculation

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

Wafrah for Industry and Development'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
=	( (20.705	+	23.952)	/	2 )	/	111.043	*	365
=	22.3285					/	111.043	*	365
=	73.39

Wafrah for Industry and Development's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

	Days Inventory (Q: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (35.043	+	37.237)	/	2 )	/	29.082	*	365 / 4
=	36.14					/	29.082	*	365 / 4
=	113.40

Wafrah for Industry and Development (SAU:2100) 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.

Wafrah for Industry and Development's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	29.082	/	36.14
	=	0.80

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.

Wafrah for Industry and Development's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	36.14	/	41.661
	=	0.87

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.

Wafrah for Industry and Development Days Inventory Related Terms

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

Wafrah for Industry and Development Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Wafrah for Industry and Development (SAU:2100) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O.Box 131, Riyadh, SAU, 11383

Website

https://www.wafrah.sa

Wafrah for Industry and Development is engaged in the manufacture, canning, preservation, processing, development, and marketing of food products for local and foreign markets. Its products include Pasta products, Frozen and cooked meat, Frozen potato chips, Peanut products, and Breakfast cereals, among others. The group had four reportable segments: The pasta sector, Vegetable sector, the Breakfast bans sector, and the Meat products sector. The company's operations are located in the Kingdom of Saudi Arabia.

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