Waja Co (SAU:9560) Days Inventory : 19.97 (As of Jun. 2024)

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What is Waja Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Waja Co's Average Total Inventories for the six months ended in Jun. 2024 was ﷼9.1 Mil. Waja Co's Cost of Goods Sold for the six months ended in Jun. 2024 was ﷼83.1 Mil. Hence, Waja Co's Days Inventory for the six months ended in Jun. 2024 was 19.97.

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

SAU:9560' s Days Inventory Range Over the Past 10 Years
Min: 19.33 Med: 31.01 Max: 33.48
Current: 19.33

During the past 2 years, Waja Co's highest Days Inventory was 33.48. The lowest was 19.33. And the median was 31.01.

SAU:9560's Days Inventory is ranked better than
67.18% of 1432 companies
in the Construction industry
Industry Median: 46.8 vs SAU:9560: 19.33

Waja Co's Days Inventory declined from Jun. 2023 (36.69) to Jun. 2024 (19.97).

Inventory Turnover measures how fast the company turns over its inventory within a year. Waja Co's Inventory Turnover for the six months ended in Jun. 2024 was 9.14.

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. Waja Co's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.09.

Waja Co Days Inventory Historical Data

The historical data trend for Waja 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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Waja Co Days Inventory Chart

Waja Co Annual Data

Trend

Dec22

Dec23

Days Inventory

33.48

28.53

Waja Co Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23	Jun24
Days Inventory	-	29.85	36.69	19.77	19.97

Competitive Comparison of Waja Co's Days Inventory

For the Engineering & Construction subindustry, Waja 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.

Waja Co's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Waja Co's Days Inventory distribution charts can be found below:

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

Waja Co Days Inventory Calculation

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

Waja 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
=	( (6.71	+	8.954)	/	2 )	/	100.213	*	365
=	7.832					/	100.213	*	365
=	28.53

Waja Co'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
=	( (8.954	+	9.238)	/	2 )	/	83.13	*	365 / 2
=	9.096					/	83.13	*	365 / 2
=	19.97

Waja Co (SAU:9560) 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.

Waja Co's Inventory Turnover for the six months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	83.13	/	9.096
	=	9.14

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.

Waja Co's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	9.096	/	97.291
	=	0.09

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.

Waja Co Days Inventory Related Terms

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

Waja Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Waja Co (SAU:9560) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Fahd Branch Road, North, P.O. Box 2370, Al-Anoud Tower 2, South Tower, 17th Floor, Al Olaya District, Riyadh, SAU, 12214

Website

https://www.waja.com.sa

Waja Co is a multi-sector company, with main affiliated activities in each Construction, Media & Communication, and Information Technology. It is mainly engaged in two segments which include the Contracting business sector and Operation and maintenance sector. The majority of the revenue derives from the Contracting business sector.

Waja Co Headlines

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