Mohammed Hasan Al Naqool Sons (SAU:9514) Days Inventory : 184.14 (As of Jun. 2024)

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What is Mohammed Hasan Al Naqool Sons Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mohammed Hasan Al Naqool Sons's Average Total Inventories for the six months ended in Jun. 2024 was ﷼24.75 Mil. Mohammed Hasan Al Naqool Sons's Cost of Goods Sold for the six months ended in Jun. 2024 was ﷼24.53 Mil. Hence, Mohammed Hasan Al Naqool Sons's Days Inventory for the six months ended in Jun. 2024 was 184.14.

The historical rank and industry rank for Mohammed Hasan Al Naqool Sons's Days Inventory or its related term are showing as below:

SAU:9514' s Days Inventory Range Over the Past 10 Years
Min: 9.25 Med: 51.41 Max: 199.52
Current: 199.52

During the past 7 years, Mohammed Hasan Al Naqool Sons's highest Days Inventory was 199.52. The lowest was 9.25. And the median was 51.41.

SAU:9514's Days Inventory is ranked worse than
82.38% of 386 companies
in the Building Materials industry
Industry Median: 86.455 vs SAU:9514: 199.52

Mohammed Hasan Al Naqool Sons's Days Inventory increased from Jun. 2023 (0.00) to Jun. 2024 (184.14). It might indicate that Mohammed Hasan Al Naqool Sons's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mohammed Hasan Al Naqool Sons's Inventory Turnover for the six months ended in Jun. 2024 was 0.99.

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. Mohammed Hasan Al Naqool Sons's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.85.

Mohammed Hasan Al Naqool Sons Days Inventory Historical Data

The historical data trend for Mohammed Hasan Al Naqool Sons'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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Mohammed Hasan Al Naqool Sons Days Inventory Chart

Mohammed Hasan Al Naqool Sons Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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12.28

90.54

138.64

Mohammed Hasan Al Naqool Sons Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Inventory	Get a 7-Day Free Trial								16.13	15.75	-	-	184.14

Competitive Comparison of Mohammed Hasan Al Naqool Sons's Days Inventory

For the Building Materials subindustry, Mohammed Hasan Al Naqool Sons'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.

Mohammed Hasan Al Naqool Sons's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Mohammed Hasan Al Naqool Sons's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mohammed Hasan Al Naqool Sons's Days Inventory falls into.

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Mohammed Hasan Al Naqool Sons Days Inventory Calculation

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

Mohammed Hasan Al Naqool Sons'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
=	( (0	+	0)	/	1 )	/	37.304	*	365
=	0					/	37.304	*	365
=	0.00

Mohammed Hasan Al Naqool Sons's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

	Days Inventory (Q: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (0	+	24.749)	/	1 )	/	24.528	*	365 / 2
=	24.749					/	24.528	*	365 / 2
=	184.14

Mohammed Hasan Al Naqool Sons (SAU:9514) 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.

Mohammed Hasan Al Naqool Sons's Inventory Turnover for the six months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	24.528	/	24.749
	=	0.99

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.

Mohammed Hasan Al Naqool Sons's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	24.749	/	29.233
	=	0.85

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.

Mohammed Hasan Al Naqool Sons Days Inventory Related Terms

Thank you for viewing the detailed overview of Mohammed Hasan Al Naqool Sons's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Mohammed Hasan Al Naqool Sons Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Mohammed Hasan Al Naqool Sons (SAU:9514) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dammam 2nd Industrial City, Dammam, SAU, 34353

Website

https://www.alnaqool.com

Mohammed Hasan Al Naqool Sons engage in the manufacturing and production of ready-mixed concrete. It produces Ready Mix Concrete, bricks, and Blocks.

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