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Ghitha Holding PJSC (ADX:GHITHA) Inventory-to-Revenue : 0.35 (As of Sep. 2023)


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What is Ghitha Holding PJSC Inventory-to-Revenue?

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. Ghitha Holding PJSC's Average Total Inventories for the quarter that ended in Sep. 2023 was د.إ432 Mil. Ghitha Holding PJSC's Revenue for the three months ended in Sep. 2023 was د.إ1,244 Mil. Ghitha Holding PJSC's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.35.

Ghitha Holding PJSC's Inventory-to-Revenue for the quarter that ended in Sep. 2023 increased from Jun. 2023 (0.30) to Jun. 2023 (0.35)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ghitha Holding PJSC's Days Inventory for the three months ended in Sep. 2023 was 38.29.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ghitha Holding PJSC's Inventory Turnover for the quarter that ended in Sep. 2023 was 2.38.


Ghitha Holding PJSC Inventory-to-Revenue Historical Data

The historical data trend for Ghitha Holding PJSC's Inventory-to-Revenue 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.

Ghitha Holding PJSC Inventory-to-Revenue Chart

Ghitha Holding PJSC Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Inventory-to-Revenue
0.02 0.03 0.09 0.08

Ghitha Holding PJSC Quarterly Data
Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.29 0.38 0.31 0.30 0.35

Competitive Comparison of Ghitha Holding PJSC's Inventory-to-Revenue

For the Food Distribution subindustry, Ghitha Holding PJSC's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


Ghitha Holding PJSC's Inventory-to-Revenue Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Ghitha Holding PJSC's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Ghitha Holding PJSC's Inventory-to-Revenue falls into.



Ghitha Holding PJSC Inventory-to-Revenue Calculation

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.

Ghitha Holding PJSC's Inventory-to-Revenue for the fiscal year that ended in Dec. 2022 is calculated as

Inventory-to-Revenue (A: Dec. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )
=( (85.122 + 261.682) / 2 ) / 2278.566
=173.402 / 2278.566
=0.08

Ghitha Holding PJSC's Inventory-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue (Q: Sep. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Revenue (Q: Sep. 2023 )
=( (443.808 + 420.67) / 2 ) / 1244.488
=432.239 / 1244.488
=0.35

* 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.


Ghitha Holding PJSC  (ADX:GHITHA) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Ghitha Holding PJSC's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=432.239/1030.181*365 / 4
=38.29

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

Ghitha Holding PJSC's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=1030.181 / 432.239
=2.38

* 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.


Ghitha Holding PJSC Inventory-to-Revenue Related Terms

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Ghitha Holding PJSC (ADX:GHITHA) Business Description

Traded in Other Exchanges
N/A
Address
Meena Zayed Port Area, P.O. Box 53314, Abu Dhabi, ARE
Ghitha Holding PJSC is engaged in trading, re-packaging, storage, and distribution of food and non-food products. The product portfolio includes dry food products, canned foods, frozen food, processed food items, household items, stationeries, disposables, toiletries, chemicals, and other products.

Ghitha Holding PJSC (ADX:GHITHA) Headlines

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