Zahrat Al Waha for Trading Co (SAU:3007) Days Inventory : 70.44 (As of Sep. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Zahrat Al Waha for Trading Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zahrat Al Waha for Trading Co's Average Total Inventories for the three months ended in Sep. 2024 was ﷼101.0 Mil. Zahrat Al Waha for Trading Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ﷼130.8 Mil. Hence, Zahrat Al Waha for Trading Co's Days Inventory for the three months ended in Sep. 2024 was 70.44.

The historical rank and industry rank for Zahrat Al Waha for Trading Co's Days Inventory or its related term are showing as below:

SAU:3007' s Days Inventory Range Over the Past 10 Years
Min: 36.73 Med: 62.73 Max: 82.94
Current: 82.94

During the past 9 years, Zahrat Al Waha for Trading Co's highest Days Inventory was 82.94. The lowest was 36.73. And the median was 62.73.

SAU:3007's Days Inventory is ranked worse than
56.61% of 378 companies
in the Packaging & Containers industry
Industry Median: 76.565 vs SAU:3007: 82.94

Zahrat Al Waha for Trading Co's Days Inventory increased from Sep. 2023 (57.86) to Sep. 2024 (70.44). It might indicate that Zahrat Al Waha for Trading Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zahrat Al Waha for Trading Co's Inventory Turnover for the three months ended in Sep. 2024 was 1.30.

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. Zahrat Al Waha for Trading Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.69.

Zahrat Al Waha for Trading Co Days Inventory Historical Data

The historical data trend for Zahrat Al Waha for Trading Co'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.

Zahrat Al Waha for Trading Co Days Inventory Chart

Zahrat Al Waha for Trading Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

36.73

62.92

62.73

57.48

78.93

Zahrat Al Waha for Trading Co 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															57.86	112.15	91.51	73.92	70.44

Competitive Comparison of Zahrat Al Waha for Trading Co's Days Inventory

For the Packaging & Containers subindustry, Zahrat Al Waha for Trading Co'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.

Zahrat Al Waha for Trading Co's Days Inventory Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Zahrat Al Waha for Trading Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Zahrat Al Waha for Trading Co's Days Inventory falls into.

Zahrat Al Waha for Trading Co Days Inventory Calculation

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

Zahrat Al Waha for Trading Co'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
=	( (97.588	+	119.553)	/	2 )	/	502.043	*	365
=	108.5705					/	502.043	*	365
=	78.93

Zahrat Al Waha for Trading Co'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
=	( (88.146	+	113.824)	/	2 )	/	130.817	*	365 / 4
=	100.985					/	130.817	*	365 / 4
=	70.44

Zahrat Al Waha for Trading Co (SAU:3007) 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.

Zahrat Al Waha for Trading Co's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	130.817	/	100.985
	=	1.30

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.

Zahrat Al Waha for Trading Co's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	100.985	/	146.451
	=	0.69

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.

Zahrat Al Waha for Trading Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Zahrat Al Waha for Trading Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Zahrat Al Waha for Trading Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Zahrat Al Waha for Trading Co (SAU:3007) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Rabwa, Al Ihsa Street, P.O. Box 2980, Unit no 1, Building 7449, Riyadh, SAU, 12814

Website

https://www.zaoasis.com

Zahrat Al Waha for Trading Co is a producer of PET preform and HDPE closure (caps) products. The principal activities of the company include the manufacture of semi-finished products from plastics, the manufacture of cans and boxes from plastics, the manufacture of bottles of various forms from plastics, the manufacture of products from plastics using the Roto mold method. The company operates in two segments namely the plastic bottles preforms which includes manufacturing and selling of plastic preforms and the plastic caps which includes manufacturing and selling of plastic caps.

Zahrat Al Waha for Trading Co Headlines

No Headlines