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Emaar the Economic City JSC (SAU:4220) Days Inventory : 514.55 (As of Dec. 2023)


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What is Emaar the Economic City JSC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Emaar the Economic City JSC's Average Total Inventories for the three months ended in Dec. 2023 was ﷼858 Mil. Emaar the Economic City JSC's Cost of Goods Sold for the three months ended in Dec. 2023 was ﷼152 Mil. Hence, Emaar the Economic City JSC's Days Inventory for the three months ended in Dec. 2023 was 514.55.

The historical rank and industry rank for Emaar the Economic City JSC's Days Inventory or its related term are showing as below:

SAU:4220' s Days Inventory Range Over the Past 10 Years
Min: 168.22   Med: 467.51   Max: 1283.47
Current: 503.59

During the past 13 years, Emaar the Economic City JSC's highest Days Inventory was 1283.47. The lowest was 168.22. And the median was 467.51.

SAU:4220's Days Inventory is ranked better than
57.52% of 1330 companies
in the Real Estate industry
Industry Median: 699.495 vs SAU:4220: 503.59

Emaar the Economic City JSC's Days Inventory increased from Dec. 2022 (332.61) to Dec. 2023 (514.55). It might indicate that Emaar the Economic City JSC's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Emaar the Economic City JSC's Inventory Turnover for the three months ended in Dec. 2023 was 0.18.

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. Emaar the Economic City JSC's Inventory-to-Revenue for the three months ended in Dec. 2023 was 8.17.


Emaar the Economic City JSC Days Inventory Historical Data

The historical data trend for Emaar the Economic City JSC'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.

Emaar the Economic City JSC Days Inventory Chart

Emaar the Economic City JSC 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 302.25 277.49 429.83 508.99 505.19

Emaar the Economic City JSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 332.61 546.29 382.03 632.81 514.55

Competitive Comparison of Emaar the Economic City JSC's Days Inventory

For the Real Estate - Development subindustry, Emaar the Economic City JSC'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.


Emaar the Economic City JSC's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Emaar the Economic City JSC's Days Inventory distribution charts can be found below:

* The bar in red indicates where Emaar the Economic City JSC's Days Inventory falls into.



Emaar the Economic City JSC Days Inventory Calculation

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

Emaar the Economic City JSC'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
=( (820.802 + 839.341) / 2 ) / 599.725*365
=830.0715 / 599.725*365
=505.19

Emaar the Economic City JSC's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (876.175 + 839.341) / 2 ) / 152.113*365 / 4
=857.758 / 152.113*365 / 4
=514.55

* 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.


Emaar the Economic City JSC  (SAU:4220) 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.

Emaar the Economic City JSC's Inventory Turnover for the three months ended in Dec. 2023 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.

Emaar the Economic City JSC's Inventory to Revenue for the three months ended in Dec. 2023 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.


Emaar the Economic City JSC Days Inventory Related Terms

Thank you for viewing the detailed overview of Emaar the Economic City JSC's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Emaar the Economic City JSC (SAU:4220) Business Description

Traded in Other Exchanges
N/A
Address
Abdullah Economic City, Rabigh, SAU
Emaar the Economic City JSC is a real estate development and management company. The main activity of the company is the development of the King Abdullah Economic City (KAEC). It is also engaged in the development of real estate in the economic and other zones and other development activities, including infrastructures, promotion, marketing and sale of land within development areas, development of buildings and housing units, and construction on behalf of other parties.

Emaar the Economic City JSC (SAU:4220) Headlines

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