Naba Alsaha Medical Services Co (SAU:9546) Days Inventory : 32.78 (As of Dec. 2023)

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What is Naba Alsaha Medical Services Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Naba Alsaha Medical Services Co's Average Total Inventories for the six months ended in Dec. 2023 was ﷼10.8 Mil. Naba Alsaha Medical Services Co's Cost of Goods Sold for the six months ended in Dec. 2023 was ﷼60.4 Mil. Hence, Naba Alsaha Medical Services Co's Days Inventory for the six months ended in Dec. 2023 was 32.78.

The historical rank and industry rank for Naba Alsaha Medical Services Co's Days Inventory or its related term are showing as below:

SAU:9546' s Days Inventory Range Over the Past 10 Years
Min: 26 Med: 26.29 Max: 30.46
Current: 30.46

During the past 3 years, Naba Alsaha Medical Services Co's highest Days Inventory was 30.46. The lowest was 26.00. And the median was 26.29.

SAU:9546's Days Inventory is ranked better than
51.59% of 471 companies
in the Healthcare Providers & Services industry
Industry Median: 32.49 vs SAU:9546: 30.46

Naba Alsaha Medical Services Co's Days Inventory increased from Dec. 2022 (23.59) to Dec. 2023 (32.78). It might indicate that Naba Alsaha Medical Services Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Naba Alsaha Medical Services Co's Inventory Turnover for the six months ended in Dec. 2023 was 5.57.

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. Naba Alsaha Medical Services Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.11.

Naba Alsaha Medical Services Co Days Inventory Historical Data

The historical data trend for Naba Alsaha Medical Services 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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Naba Alsaha Medical Services Co Days Inventory Chart

Naba Alsaha Medical Services Co Annual Data

Trend

Dec21

Dec22

Dec23

Days Inventory

29.62

26.29

26.00

Naba Alsaha Medical Services Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	-	29.53	23.59	32.56	32.78

Competitive Comparison of Naba Alsaha Medical Services Co's Days Inventory

For the Medical Care Facilities subindustry, Naba Alsaha Medical Services 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.

Naba Alsaha Medical Services Co's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Naba Alsaha Medical Services Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Naba Alsaha Medical Services Co's Days Inventory falls into.

Naba Alsaha Medical Services Co Days Inventory Calculation

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

Naba Alsaha Medical Services 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
=	( (5.49	+	9.98)	/	2 )	/	108.583	*	365
=	7.735					/	108.583	*	365
=	26.00

Naba Alsaha Medical Services Co'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (11.712	+	9.98)	/	2 )	/	60.377	*	365 / 2
=	10.846					/	60.377	*	365 / 2
=	32.78

Naba Alsaha Medical Services Co (SAU:9546) 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.

Naba Alsaha Medical Services Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	60.377	/	10.846
	=	5.57

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.

Naba Alsaha Medical Services Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	10.846	/	100.512
	=	0.11

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.

Naba Alsaha Medical Services Co Days Inventory Related Terms

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Naba Alsaha Medical Services Co (SAU:9546) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Naba Alsaha Medical Services Co (SAU:9546) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Abdullah Bin Hadhlana Street, Al-Khuzama District, Al Khobar, SAU, 31911

Website

https://www.nams.sa

Naba Alsaha Medical Services Co engages in the operation and management of AlZahra Hospital, Manarat Al-Haramain Pharmacy, and the Company's branch for medical services in Al-Khobar. The hospital provides medical services in outpatient and inpatient facilities, surgery, emergency, and intensive care. The pharmacy provides services to AlZahra General Hospital OPD patients and to patients who have medical prescriptions from other hospitals. The branch was established to provide maintenance and housekeeping services to AlZahra General Hospital as well as maintenance services to the hospital housing.

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