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Saudi Marketing Co (SAU:4006) Days Inventory : 266.74 (As of Mar. 2024)


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What is Saudi Marketing Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Saudi Marketing Co's Average Total Inventories for the three months ended in Mar. 2024 was ﷼983 Mil. Saudi Marketing Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ﷼336 Mil. Hence, Saudi Marketing Co's Days Inventory for the three months ended in Mar. 2024 was 266.74.

The historical rank and industry rank for Saudi Marketing Co's Days Inventory or its related term are showing as below:

SAU:4006' s Days Inventory Range Over the Past 10 Years
Min: 123.47   Med: 213.17   Max: 279.94
Current: 279.94

During the past 12 years, Saudi Marketing Co's highest Days Inventory was 279.94. The lowest was 123.47. And the median was 213.17.

SAU:4006's Days Inventory is ranked worse than
85.99% of 1071 companies
in the Retail - Cyclical industry
Industry Median: 109.11 vs SAU:4006: 279.94

Saudi Marketing Co's Days Inventory increased from Mar. 2023 (252.34) to Mar. 2024 (266.74). It might indicate that Saudi Marketing Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Saudi Marketing Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.34.

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. Saudi Marketing Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.06.


Saudi Marketing Co Days Inventory Historical Data

The historical data trend for Saudi Marketing 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.

Saudi Marketing Co Days Inventory Chart

Saudi Marketing Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 239.89 209.13 262.43 253.30 275.85

Saudi Marketing 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 252.34 276.84 297.54 278.34 266.74

Competitive Comparison of Saudi Marketing Co's Days Inventory

For the Department Stores subindustry, Saudi Marketing 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.


Saudi Marketing Co's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Saudi Marketing Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Saudi Marketing Co's Days Inventory falls into.



Saudi Marketing Co Days Inventory Calculation

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

Saudi Marketing 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
=( (929.138 + 984.605) / 2 ) / 1266.122*365
=956.8715 / 1266.122*365
=275.85

Saudi Marketing 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
=( (984.605 + 981.225) / 2 ) / 336.246*365 / 4
=982.915 / 336.246*365 / 4
=266.74

* 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.


Saudi Marketing Co  (SAU:4006) 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.

Saudi Marketing 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.

Saudi Marketing 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.


Saudi Marketing Co Days Inventory Related Terms

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


Saudi Marketing Co (SAU:4006) Business Description

Traded in Other Exchanges
N/A
Address
King Fahd Road, Al Nasiriyah Area, P.O Box 4605, Dammam, SAU, 31412
Saudi Marketing Co operates stores. The farm markets include a wide range of products and varieties of fresh products, consumer goods, and household items. The firm earns revenue from retail, entertainment services, and household segment out of which the majority of revenue gets derived from the Retail segment. It also provides marketing services on behalf of third parties. In addition, the firm manages and operates bakeries, restaurants, and coffee shops; and establishes, operates, and maintains amusement centres.

Saudi Marketing Co (SAU:4006) Headlines

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