Naeem Holding (CAI:NAHO) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Naeem Holding 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. Naeem Holding's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.00 Mil. Naeem Holding's Average Total Inventories for the quarter that ended in Mar. 2024 was $13.38 Mil. Naeem Holding's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.00.

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

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. Naeem Holding's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 5.92.

Naeem Holding Inventory Turnover Historical Data

The historical data trend for Naeem Holding'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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Naeem Holding Inventory Turnover Chart

Naeem Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.07

0.29

0.13

0.33

Naeem Holding Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.05	-	-	-	-

Naeem Holding Inventory Turnover Calculation

Naeem Holding'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 )
=	0	/ (	(15.974	+	15.491)	/	2 )
=	0	/	15.7325
=	0.00

Naeem Holding's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	0	/ (	(15.491	+	11.276)	/	2 )
=	0	/	13.3835
=	0.00

Naeem Holding (CAI:NAHO) 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.

Naeem Holding's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	13.3835	/	0	*	365 / 4
	=

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.

Naeem Holding's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	13.3835	/	2.261
	=	5.92

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.

Naeem Holding Inventory Turnover Related Terms

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Naeem Holding (CAI:NAHO) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Naeem Holding (CAI:NAHO) » Definitions » Inventory Turnover

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NAHO:United Arab Emirates

Address

Km 28 Cairo Alexandria Road, Building B16, Phase 1, P.O. Box 61, Smart Village, 6th of October City, Giza, EGY, 12577

Website

https://www.naeemholding.com

Naeem Holding is Egypt based company that operates in the financial industry. The services provided by the company are investment banking services, security brokerage, asset management, and securities research. Its business lines are Securities Brokerage, Asset Management, Investment Banking, Gold Trading, and Research.

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