Scientific and Medical Equipment House Co (SAU:4014) Days Inventory : 51.55 (As of Sep. 2024)

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What is Scientific and Medical Equipment House Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Scientific and Medical Equipment House Co's Average Total Inventories for the three months ended in Sep. 2024 was ﷼103.7 Mil. Scientific and Medical Equipment House Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ﷼183.6 Mil. Hence, Scientific and Medical Equipment House Co's Days Inventory for the three months ended in Sep. 2024 was 51.55.

The historical rank and industry rank for Scientific and Medical Equipment House Co's Days Inventory or its related term are showing as below:

SAU:4014' s Days Inventory Range Over the Past 10 Years
Min: 51.62 Med: 63.64 Max: 64.95
Current: 51.62

During the past 7 years, Scientific and Medical Equipment House Co's highest Days Inventory was 64.95. The lowest was 51.62. And the median was 63.64.

SAU:4014's Days Inventory is ranked better than
93.74% of 783 companies
in the Medical Devices & Instruments industry
Industry Median: 183.08 vs SAU:4014: 51.62

Scientific and Medical Equipment House Co's Days Inventory declined from Sep. 2023 (60.53) to Sep. 2024 (51.55).

Inventory Turnover measures how fast the company turns over its inventory within a year. Scientific and Medical Equipment House Co's Inventory Turnover for the three months ended in Sep. 2024 was 1.77.

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. Scientific and Medical Equipment House Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.47.

Scientific and Medical Equipment House Co Days Inventory Historical Data

The historical data trend for Scientific and Medical Equipment House 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.

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Scientific and Medical Equipment House Co Days Inventory Chart

Scientific and Medical Equipment House Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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64.95

63.64

55.53

Scientific and Medical Equipment House Co Quarterly Data
	Dec17	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial														60.53	46.86	54.83	53.73	51.55

Competitive Comparison of Scientific and Medical Equipment House Co's Days Inventory

For the Medical Instruments & Supplies subindustry, Scientific and Medical Equipment House 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.

Scientific and Medical Equipment House Co's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Scientific and Medical Equipment House Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Scientific and Medical Equipment House Co's Days Inventory falls into.

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Scientific and Medical Equipment House Co Days Inventory Calculation

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

Scientific and Medical Equipment House 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
=	( (97.679	+	105.033)	/	2 )	/	666.224	*	365
=	101.356					/	666.224	*	365
=	55.53

Scientific and Medical Equipment House 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
=	( (104.146	+	103.286)	/	2 )	/	183.606	*	365 / 4
=	103.716					/	183.606	*	365 / 4
=	51.55

Scientific and Medical Equipment House Co (SAU:4014) 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.

Scientific and Medical Equipment House Co's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	183.606	/	103.716
	=	1.77

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.

Scientific and Medical Equipment House Co's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	103.716	/	218.385
	=	0.47

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.

Scientific and Medical Equipment House Co Days Inventory Related Terms

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Scientific and Medical Equipment House Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Scientific and Medical Equipment House Co (SAU:4014) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Fahad service Road, P.O. Box 1584, Al-Mutammarat District, Riyadh, SAU, 12711

Website

https://www.smeh.com.sa

Scientific and Medical Equipment House Co is engaged in general contracting of buildings, roads, and bridges, maintaining, cleaning, managing, and operating medical centers, maintenance of scientific and medical equipment, wholesale and retail trade in medical, laboratorial, and scientific equipment and its accessories, import and export services, and catering services among others. The company's reportable segments are; Operation and maintenance, Medical equipment sales and post-sale maintenance services revenue, Construction segment, Meat and food segment, and Medicine and medical supplies. A majority of its revenue is generated from the Operation and maintenance segment which deals with the supply of medical and non-medical staff and medical equipment maintenance services.

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