DP World (DFM:DPW) Inventory Turnover: 18.70 (As of Dec. 2019)


What is DP World Inventory Turnover?

DP World DFM:DPW Inventory Turnover is 18.70 as of Dec. 2019. The stock has 9 warning signs investors should review.

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. DP World's Cost of Goods Sold for the six months ended in Dec. 2019 was د.إ9,978.04 Mil. DP World's Average Total Inventories for the quarter that ended in Dec. 2019 was د.إ533.49 Mil. DP World's Inventory Turnover for the quarter that ended in Dec. 2019 was 18.70.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. DP World's Days Inventory for the six months ended in Dec. 2019 was 9.76.

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. DP World's Inventory-to-Revenue for the quarter that ended in Dec. 2019 was 0.04.

DP World  (DFM:DPW) 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.

DP World's Days Inventory for the six months ended in Dec. 2019 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2019 )/Cost of Goods Sold (Q: Dec. 2019 )*Days in Period
=533.4865/9978.042*365 / 2
=9.76

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.

DP World's Inventory to Revenue for the quarter that ended in Dec. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2019 ) / Revenue (Q: Dec. 2019 )
=533.4865 / 14454.095
=0.04

* 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.

DP World Inventory Turnover Related Terms

DP World Inventory Turnover Historical Data

* Premium members only.

The historical data trend for DP World'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.

DP World Inventory Turnover Chart

DP World Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.80 29.56 28.02 30.49 34.10

DP World Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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 Premium Member Only Premium Member Only Premium Member Only 14.48 14.32 15.54 15.38 18.70

DP World Inventory Turnover Calculation

DP World's Inventory Turnover for the fiscal year that ended in Dec. 2019 is calculated as

Inventory Turnover (A: Dec. 2019 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2019 ) / ((Total Inventories (A: Dec. 2018 ) + Total Inventories (A: Dec. 2019 )) / count )
=17031.908 / ((424.579 + 574.455) / 2 )
=17031.908 / 499.517
=34.10

DP World's Inventory Turnover for the quarter that ended in Dec. 2019 is calculated as

Inventory Turnover (Q: Dec. 2019 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2019 ) / ((Total Inventories (Q: Jun. 2019 ) + Total Inventories (Q: Dec. 2019 )) / count )
=9978.042 / ((492.518 + 574.455) / 2 )
=9978.042 / 533.4865
=18.70

* 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 18.70 mean?
DP World (DFM:DPW) has a Inventory Turnover of 18.70 as of Dec. 2019. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on DP World and its competitors.
Is DP World's Inventory Turnover too high?
DP World's current Inventory Turnover is 18.70.
How does DP World's Inventory Turnover compare to KEX?
DP World's Inventory Turnover of 18.70 can be compared against companies in the Transportation 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 Transportation company?
A good Inventory Turnover depends on the Transportation 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 DP World and its competitors. DP World's current Inventory Turnover is 18.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DP World stock overvalued right now?
DP World (DFM:DPW) has a current Inventory Turnover of 18.70. The current Inventory Turnover is 18.70. 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 DP World (DFM:DPW), the current Inventory Turnover is 18.70 as of Dec. 2019. 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.

DP World Business Description

Address Office 27, Level 3, Gate Village Building 4, PO Box 17000, Dubai International Financial Centre, Dubai, ARE
DP World PLC is a transportation and logistics company, domiciled in the United Arab Emirates. The company develops and manages international marine and inland terminal facilities, operates industrial parks and economic zones, and provides logistics services. DP World organises itself into three geographical segments: Asia-Pacific and the Indian subcontinent; Australia and Americas; and the Middle East, Europe, and Africa. The company derives the vast majority of revenue from the Middle East, Europe, and Africa.