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Zahrat Al Waha for Trading Co (SAU:3007) Days Inventory : 91.51 (As of Mar. 2024)


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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 Mar. 2024 was ﷼122.5 Mil. Zahrat Al Waha for Trading Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ﷼122.2 Mil. Hence, Zahrat Al Waha for Trading Co's Days Inventory for the three months ended in Mar. 2024 was 91.51.

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: 78.93
Current: 75.36

During the past 9 years, Zahrat Al Waha for Trading Co's highest Days Inventory was 78.93. The lowest was 36.73. And the median was 62.73.

SAU:3007's Days Inventory is ranked better than
53.26% of 368 companies
in the Packaging & Containers industry
Industry Median: 77.31 vs SAU:3007: 75.36

Zahrat Al Waha for Trading Co's Days Inventory increased from Mar. 2023 (53.64) to Mar. 2024 (91.51). 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 Mar. 2024 was 1.00.

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 Mar. 2024 was 0.89.


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 Premium Member Only 36.73 62.92 62.73 57.48 78.93

Zahrat Al Waha for Trading Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53.64 56.01 57.86 112.15 91.51

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 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
=( (119.553 + 125.545) / 2 ) / 122.198*365 / 4
=122.549 / 122.198*365 / 4
=91.51

* 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.


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 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.

Zahrat Al Waha for Trading Co'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.


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 (SAU:3007) Business Description

Traded in Other Exchanges
N/A
Address
Al Rabwa, Al Ihsa Street, P.O. Box 2980, Unit no 1, Building 7449, Riyadh, SAU, 12814
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 (SAU:3007) Headlines

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