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Saudi Ceramic Co (SAU:2040) Inventory-to-Revenue : 2.57 (As of Dec. 2023)


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What is Saudi Ceramic Co 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. Saudi Ceramic Co's Average Total Inventories for the quarter that ended in Dec. 2023 was ﷼979 Mil. Saudi Ceramic Co's Revenue for the three months ended in Dec. 2023 was ﷼381 Mil. Saudi Ceramic Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.57.

Saudi Ceramic Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (3.45) to Sep. 2023 (2.57)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Saudi Ceramic Co's Days Inventory for the three months ended in Dec. 2023 was 249.43.

Inventory Turnover measures how fast the company turns over its inventory within a year. Saudi Ceramic Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.37.


Saudi Ceramic Co Inventory-to-Revenue Historical Data

The historical data trend for Saudi Ceramic Co'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.

Saudi Ceramic Co Inventory-to-Revenue Chart

Saudi Ceramic Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.46 0.45 0.57 0.71

Saudi Ceramic Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Inventory-to-Revenue 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 2.49 2.64 4.12 3.45 2.57

Competitive Comparison of Saudi Ceramic Co's Inventory-to-Revenue

For the Building Products & Equipment subindustry, Saudi Ceramic Co'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.


Saudi Ceramic Co's Inventory-to-Revenue Distribution in the Construction Industry

For the Construction industry and Industrials sector, Saudi Ceramic Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Saudi Ceramic Co's Inventory-to-Revenue falls into.



Saudi Ceramic Co 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.

Saudi Ceramic Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (957.439 + 900.259) / 2 ) / 1314.868
=928.849 / 1314.868
=0.71

Saudi Ceramic Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (1057.166 + 900.259) / 2 ) / 381.288
=978.7125 / 381.288
=2.57

* 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.


Saudi Ceramic Co  (SAU:2040) 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.

Saudi Ceramic Co's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=978.7125/358.042*365 / 4
=249.43

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

Saudi Ceramic Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=358.042 / 978.7125
=0.37

* 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.


Saudi Ceramic Co Inventory-to-Revenue Related Terms

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Saudi Ceramic Co (SAU:2040) Business Description

Traded in Other Exchanges
N/A
Address
King Fahad Road, P.O. Box 3893, Al-Olayya District, Riyadh, SAU, 11481
Saudi Ceramic Co is engaged in the production and sale of ceramic products, water heaters, and related components. The company is also into import of related machinery, equipment, and other accessories. It has three reporting segments; the Ceramic tiles and sanitary ware segment is into the manufacturing and distribution of ceramic and porcelain tiles and sanitary ware items, the Water heaters segment is into the manufacturing and distribution of electric water heaters, and the Ceramic pipes segment is into the manufacturing and distribution of clay pipes for sanitary ware and sewage networks.

Saudi Ceramic Co (SAU:2040) Headlines

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