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Golden wheat Mills Co (XPAE:GMC) Days Inventory : 137.26 (As of Sep. 2024)


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What is Golden wheat Mills Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Golden wheat Mills Co's Average Total Inventories for the three months ended in Sep. 2024 was JOD4.59 Mil. Golden wheat Mills Co's Cost of Goods Sold for the three months ended in Sep. 2024 was JOD3.05 Mil. Hence, Golden wheat Mills Co's Days Inventory for the three months ended in Sep. 2024 was 137.26.

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

XPAE:GMC' s Days Inventory Range Over the Past 10 Years
Min: 81.46   Med: 120.28   Max: 191.27
Current: 145.88

During the past 13 years, Golden wheat Mills Co's highest Days Inventory was 191.27. The lowest was 81.46. And the median was 120.28.

XPAE:GMC's Days Inventory is ranked worse than
76.83% of 1817 companies
in the Consumer Packaged Goods industry
Industry Median: 82.56 vs XPAE:GMC: 145.88

Golden wheat Mills Co's Days Inventory declined from Sep. 2023 (168.67) to Sep. 2024 (137.26).

Inventory Turnover measures how fast the company turns over its inventory within a year. Golden wheat Mills Co's Inventory Turnover for the three months ended in Sep. 2024 was 0.66.

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. Golden wheat Mills Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 1.23.


Golden wheat Mills Co Days Inventory Historical Data

The historical data trend for Golden wheat Mills 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.

* Premium members only.

Golden wheat Mills Co Days Inventory Chart

Golden wheat Mills Co 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 125.37 122.49 81.78 117.98 120.28

Golden wheat Mills Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 168.67 140.71 128.17 134.62 137.26

Competitive Comparison of Golden wheat Mills Co's Days Inventory

For the Packaged Foods subindustry, Golden wheat Mills 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.


Golden wheat Mills Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Golden wheat Mills Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Golden wheat Mills Co's Days Inventory falls into.



Golden wheat Mills Co Days Inventory Calculation

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

Golden wheat Mills 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
=( (6.584 + 4.185) / 2 ) / 16.34*365
=5.3845 / 16.34*365
=120.28

Golden wheat Mills 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
=( (4.562 + 4.62) / 2 ) / 3.052*365 / 4
=4.591 / 3.052*365 / 4
=137.26

* 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.


Golden wheat Mills Co  (XPAE:GMC) 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.

Golden wheat Mills Co's Inventory Turnover for the three months ended in Sep. 2024 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.

Golden wheat Mills Co's Inventory to Revenue for the three months ended in Sep. 2024 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.


Golden wheat Mills Co Days Inventory Related Terms

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


Golden wheat Mills Co Business Description

Traded in Other Exchanges
N/A
Address
Burmah - Birzeit, P.O. Box 43, Ramallah, PSE
Golden wheat Mills Co is engaged in the production of flour and semolina. Its products include smeed fella and extra.

Golden wheat Mills Co Headlines

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