Quara Finance Co (SAU:9596) Days Inventory : 0.00 (As of Sep. 2024)

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What is Quara Finance Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Quara Finance Co's Average Total Inventories for the three months ended in Sep. 2024 was ﷼0.0 Mil. Quara Finance Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ﷼13.3 Mil. Hence, Quara Finance Co's Days Inventory for the three months ended in Sep. 2024 was 0.00.

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

SAU:9596's Days Inventory is not ranked ^*
in the Credit Services industry.
Industry Median: 47.2
* Ranked among companies with meaningful Days Inventory only.

Quara Finance Co's Days Inventory stayed the same from Jun. 2023 (0.00) to Sep. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Quara Finance Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.00.

Quara Finance Co Days Inventory Historical Data

The historical data trend for Quara Finance 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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Quara Finance Co Days Inventory Chart

Quara Finance Co Annual Data

Trend

Days Inventory

Quara Finance Co Quarterly Data
	Mar23	Jun23	Sep23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Quara Finance Co's Days Inventory

For the Credit Services subindustry, Quara Finance 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.

Quara Finance Co's Days Inventory Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Quara Finance Co's Days Inventory distribution charts can be found below:

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

Quara Finance Co Days Inventory Calculation

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

Quara Finance Co's Days Inventory for the fiscal year that ended in . 20 is calculated as

	Days Inventory (A: . 20 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: . 20 )	+	Total Inventories (A: . 20 ))	/	count )	/	Cost of Goods Sold (A: . 20 )	*	Days in Period
=	( (	+	)	/	1 )	/		*	365
=	0					/		*	365
=	N/A

Quara Finance 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
=	( (0	+	0)	/	1 )	/	13.335	*	365 / 4
=	0					/	13.335	*	365 / 4
=	0.00

Quara Finance Co (SAU:9596) 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.

Quara Finance Co's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	13.335	/	0
	=

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.

Quara Finance Co's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	46.637
	=	0.00

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.

Quara Finance Co Days Inventory Related Terms

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Quara Finance Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Quara Finance Co (SAU:9596) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

8246, King Abdulaziz Road, Unit Number 15, Al – Wizarat District, Riyadh, SAU, 12622-3797

Website

https://www.quarafinance.com

Quara Finance Co is a company engaged in providing finance lease, consumer finance, and small and medium enterprise finance in the Kingdom of Saudi Arabia. The company's operations are in the Kingdom of Saudi Arabia and it provides financing to Saudi and resident individuals from government and private sectors and to SMEs. Its reportable segments are; Retail (Personal financing) segment which includes personal financing provided to retail clients; and the SME financing segment includes financing provided to small and medium enterprises. It generates a majority of its income from the Retail segment.

Quara Finance Co Headlines

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