Q Holding PJSC (ADX:QHOLDING) Inventory Turnover : 0.11 (As of Jun. 2023)

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What is Q Holding PJSC Inventory Turnover?

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. Q Holding PJSC's Cost of Goods Sold for the three months ended in Jun. 2023 was د.إ218.8 Mil. Q Holding PJSC's Average Total Inventories for the quarter that ended in Jun. 2023 was د.إ2,053.4 Mil. Q Holding PJSC's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Q Holding PJSC's Days Inventory for the three months ended in Jun. 2023 was 856.35.

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. Q Holding PJSC's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 6.94.

Q Holding PJSC Inventory Turnover Historical Data

The historical data trend for Q 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.

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Q Holding PJSC Inventory Turnover Chart

Q Holding PJSC Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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23.00

51.90

17.75

0.20

0.18

Q Holding PJSC Quarterly Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial											5.70	0.05	-	0.11	-

Q Holding PJSC Inventory Turnover Calculation

Q Holding PJSC's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	394.734	/ (	(2053.23	+	2246.917)	/	2 )
=	394.734	/	2150.0735
=	0.18

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

	Inventory Turnover (Q: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2023 )	/ (	(Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )
=	218.806	/ (	(2053.23	+	2053.594)	/	2 )
=	218.806	/	2053.412
=	0.11

Q Holding PJSC (ADX:QHOLDING) 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.

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

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	2053.412	/	218.806	*	365 / 4
	=	856.35

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.

Q Holding PJSC's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	2053.412	/	295.822
	=	6.94

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.

Q Holding PJSC Inventory Turnover Related Terms

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Q Holding PJSC (ADX:QHOLDING) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Q Holding PJSC (ADX:QHOLDING) » Definitions » Inventory Turnover

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N/A

Address

Sheikh Zayed Road, Ministries Complex, Zone 1, Abu Dhabi, ARE

Website

https://www.qholding.com

Q Holding PJSC is an investment holding company. It focused on the development, management, sales, and leasing of real estate projects, launching and managing educational, hospitality, and healthcare projects, and acquiring controlling interests in strategic companies. Its operating segments include Real Estate, Hospitality, Labour accommodation, and Others. It derives the maximum revenue from the Real Estate segment.

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