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Sinad Holding Co (SAU:4080) Days Inventory : 111.02 (As of Sep. 2024)


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What is Sinad Holding Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sinad Holding Co's Average Total Inventories for the three months ended in Sep. 2024 was ﷼376 Mil. Sinad Holding Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ﷼309 Mil. Hence, Sinad Holding Co's Days Inventory for the three months ended in Sep. 2024 was 111.02.

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

SAU:4080' s Days Inventory Range Over the Past 10 Years
Min: 103.82   Med: 119.19   Max: 126.91
Current: 110.42

During the past 13 years, Sinad Holding Co's highest Days Inventory was 126.91. The lowest was 103.82. And the median was 119.19.

SAU:4080's Days Inventory is ranked worse than
68.9% of 508 companies
in the Conglomerates industry
Industry Median: 74.745 vs SAU:4080: 110.42

Sinad Holding Co's Days Inventory declined from Sep. 2023 (116.47) to Sep. 2024 (111.02).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sinad Holding Co's Inventory Turnover for the three months ended in Sep. 2024 was 0.82.

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. Sinad Holding Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.84.


Sinad Holding Co Days Inventory Historical Data

The historical data trend for Sinad Holding 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.

Sinad Holding Co Days Inventory Chart

Sinad Holding 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 103.82 122.11 115.00 121.59 118.74

Sinad Holding 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 116.47 107.92 102.50 111.09 111.02

Competitive Comparison of Sinad Holding Co's Days Inventory

For the Conglomerates subindustry, Sinad Holding 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.


Sinad Holding Co's Days Inventory Distribution in the Conglomerates Industry

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

* The bar in red indicates where Sinad Holding Co's Days Inventory falls into.


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Sinad Holding Co Days Inventory Calculation

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

Sinad Holding 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
=( (425.444 + 368.645) / 2 ) / 1220.531*365
=397.0445 / 1220.531*365
=118.74

Sinad Holding 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
=( (342.827 + 409.107) / 2 ) / 309.013*365 / 4
=375.967 / 309.013*365 / 4
=111.02

* 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.


Sinad Holding Co  (SAU:4080) 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.

Sinad Holding 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.

Sinad Holding 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.


Sinad Holding Co Days Inventory Related Terms

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


Sinad Holding Co Business Description

Traded in Other Exchanges
N/A
Address
King Fahad Road, Building No. 7702, CMC Tower, Additional No. 4204, Almalqa District, Riyadh, SAU, 13524
Sinad Holding Co is a Saudi Arabia-based company engaged in diversified investment activities such as trade, tourism, real estate development, and construction. It is engaged in two business segments including Investment and Industrial segment. Geographically it has a presence in the Kingdom of Saudi Arabia, Egypt, and Other Arab and foreign countries in which key revenue is generated from the Kingdom of Saudi Arabia.

Sinad Holding Co Headlines

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