Ghitha Holding PJSC (ADX:GHITHA) Inventory Turnover: 1.90 (As of Mar. 2025)

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ADX:GHITHA Ghitha Holding PJSC ADX:GHITHA
64 GF Score
Price د.إ11.40
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What is Ghitha Holding PJSC Inventory Turnover?

Ghitha Holding PJSC ADX:GHITHA -0.52% 64 Inventory Turnover is 1.90 as of Mar. 2025. GuruFocus rates ADX:GHITHA with a GF Score™ of 64/100.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Ghitha Holding PJSC's Cost of Goods Sold for the three months ended in Mar. 2025 was د.إ1,039 Mil. Ghitha Holding PJSC's Average Total Inventories for the quarter that ended in Mar. 2025 was د.إ546 Mil. Ghitha Holding PJSC's Inventory Turnover for the quarter that ended in Mar. 2025 was 1.90.

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 Mar. 2025 was 47.95.

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 quarter that ended in Mar. 2025 was 0.41.

Ghitha Holding PJSC  (ADX:GHITHA) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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 Mar. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2025 )/Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=545.8795/1038.741*365 / 4
=47.95

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.

Ghitha Holding PJSC's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2025 ) / Revenue (Q: Mar. 2025 )
=545.8795 / 1346.601
=0.41

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Ghitha Holding PJSC Inventory Turnover Related Terms

Ghitha Holding PJSC Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Ghitha Holding PJSC's Inventory Turnover 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.

Ghitha Holding PJSC Inventory Turnover Chart

Ghitha Holding PJSC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial 36.10 10.29 11.69 10.81 7.90

Ghitha Holding PJSC Quarterly Data
Dec19 Sep20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Inventory Turnover 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 2.20 1.85 1.85 1.87 1.90
ADX:GHITHA
64GF Score
Ghitha Holding PJSC ADX:GHITHA
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Ghitha Holding PJSC Inventory Turnover Calculation

Ghitha Holding PJSC's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Inventory Turnover (A: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2024 ) / ((Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count )
=3990.353 / ((461.236 + 548.737) / 2 )
=3990.353 / 504.9865
=7.90

Ghitha Holding PJSC's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

Inventory Turnover (Q: Mar. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2025 ) / ((Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count )
=1038.741 / ((548.737 + 543.022) / 2 )
=1038.741 / 545.8795
=1.90

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 1.90 mean?
Ghitha Holding PJSC (ADX:GHITHA) has a Inventory Turnover of 1.90 as of Mar. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Ghitha Holding PJSC and its competitors.
Is Ghitha Holding PJSC's Inventory Turnover too high?
Ghitha Holding PJSC's current Inventory Turnover is 1.90. Overall, Ghitha Holding PJSC has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Ghitha Holding PJSC's Inventory Turnover compare to SYY and USFD?
Ghitha Holding PJSC's Inventory Turnover of 1.90 can be compared against companies in the Retail - Defensive industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Retail - Defensive company?
A good Inventory Turnover depends on the Retail - Defensive industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Ghitha Holding PJSC and its competitors. Ghitha Holding PJSC's current Inventory Turnover is 1.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ghitha Holding PJSC stock overvalued right now?
Ghitha Holding PJSC (ADX:GHITHA) has a current Inventory Turnover of 1.90. The current Inventory Turnover is 1.90. Ghitha Holding PJSC's overall GF Score™ is 64/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Ghitha Holding PJSC (ADX:GHITHA), the current Inventory Turnover is 1.90 as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ghitha Holding PJSC Business Description

Address Al Faymah Street, PO Box 53314, Business Avenue Tower, Unit 1501, Al Danah, Abu Dhabi, ARE
Ghitha Holding PJSC is engaged in trading, re-packaging, and distribution of food products. Its segments include Fruits and vegetables, Dairy and protein, Trading and distribution, Edible oil and fats, Investment, and Others. The majority of its revenue is generated from the Dairy and protein segment.
64GF Score

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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ11.40
Price