GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Baazeem Trading Co (SAU:4051) » Definitions » Days Inventory

Baazeem Trading Co (SAU:4051) Days Inventory : 133.43 (As of Sep. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Baazeem Trading Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Baazeem Trading Co's Average Total Inventories for the three months ended in Sep. 2024 was ﷼60.9 Mil. Baazeem Trading Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ﷼41.6 Mil. Hence, Baazeem Trading Co's Days Inventory for the three months ended in Sep. 2024 was 133.43.

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

SAU:4051' s Days Inventory Range Over the Past 10 Years
Min: 94.8   Med: 129.3   Max: 140.73
Current: 122.62

During the past 8 years, Baazeem Trading Co's highest Days Inventory was 140.73. The lowest was 94.80. And the median was 129.30.

SAU:4051's Days Inventory is ranked worse than
73.03% of 508 companies
in the Conglomerates industry
Industry Median: 74.745 vs SAU:4051: 122.62

Baazeem Trading Co's Days Inventory increased from Sep. 2023 (112.01) to Sep. 2024 (133.43). It might indicate that Baazeem Trading Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Baazeem Trading Co's Inventory Turnover for the three months ended in Sep. 2024 was 0.68.

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. Baazeem Trading Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.94.


Baazeem Trading Co Days Inventory Historical Data

The historical data trend for Baazeem 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.

Baazeem Trading Co Days Inventory Chart

Baazeem Trading Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 94.80 104.43 129.30 140.73 132.12

Baazeem 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 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 112.01 122.32 93.66 139.49 133.43

Competitive Comparison of Baazeem Trading Co's Days Inventory

For the Conglomerates subindustry, Baazeem 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.


Baazeem Trading Co's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Baazeem Trading Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Baazeem Trading Co's Days Inventory falls into.


;
;

Baazeem Trading Co Days Inventory Calculation

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

Baazeem 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
=( (66.245 + 48.272) / 2 ) / 158.184*365
=57.2585 / 158.184*365
=132.12

Baazeem 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
=( (57.834 + 63.894) / 2 ) / 41.624*365 / 4
=60.864 / 41.624*365 / 4
=133.43

* 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.


Baazeem Trading Co  (SAU:4051) 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.

Baazeem Trading Co's Inventory Turnover for the three months ended in Sep. 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.

Baazeem Trading Co's Inventory to Revenue for the three months ended in Sep. 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.


Baazeem Trading Co Days Inventory Related Terms

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


Baazeem Trading Co Business Description

Traded in Other Exchanges
N/A
Address
King Faisal Street, Riyadh Al-Murabba District, PO Box 2156, Riyadh, SAU, 11451
Baazeem Trading Co is engaged in diversified businesses. Principally, the company is involved in the distribution of canned fish, household chemicals, baby supplies, personal care products and home furniture accessories and others. Also, it is involved in the wholesale of coffee and tea products, cosmetics and beauty soaps, food items and drinks, sale of tools and plastic materials, rubber, and industrial fibers. The company is also involved in the manufacturing of sanitary paper, napkins, cleaning wipes, tissue paper, towel rolls, and ready-made food packaging.

Baazeem Trading Co Headlines

No Headlines