Al Fajar AL Alamia CoOG (MUS:AFAI) Inventory Turnover: 2.07 (As of Mar. 2019)

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What is Al Fajar AL Alamia CoOG Inventory Turnover?

Al Fajar AL Alamia CoOG MUS:AFAI Inventory Turnover is 2.07 as of Mar. 2019.

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. Al Fajar AL Alamia CoOG's Cost of Goods Sold for the three months ended in Mar. 2019 was ر.ع3.98 Mil. Al Fajar AL Alamia CoOG's Average Total Inventories for the quarter that ended in Mar. 2019 was ر.ع1.93 Mil. Al Fajar AL Alamia CoOG's Inventory Turnover for the quarter that ended in Mar. 2019 was 2.07.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Al Fajar AL Alamia CoOG's Days Inventory for the three months ended in Mar. 2019 was 44.18.

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. Al Fajar AL Alamia CoOG's Inventory-to-Revenue for the quarter that ended in Mar. 2019 was 0.36.

Al Fajar AL Alamia CoOG  (MUS:AFAI) 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.

Al Fajar AL Alamia CoOG's Days Inventory for the three months ended in Mar. 2019 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2019 )/Cost of Goods Sold (Q: Mar. 2019 )*Days in Period
=1.928/3.982*365 / 4
=44.18

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.

Al Fajar AL Alamia CoOG's Inventory to Revenue for the quarter that ended in Mar. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2019 ) / Revenue (Q: Mar. 2019 )
=1.928 / 5.306
=0.36

* 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.

Al Fajar AL Alamia CoOG Inventory Turnover Related Terms

Al Fajar AL Alamia CoOG Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Al Fajar AL Alamia CoOG'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.

Al Fajar AL Alamia CoOG Inventory Turnover Chart

Al Fajar AL Alamia CoOG Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.65 8.68 9.88 9.52 9.50

Al Fajar AL Alamia CoOG Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 2.52 2.39 2.19 2.40 2.07

Al Fajar AL Alamia CoOG Inventory Turnover Calculation

Al Fajar AL Alamia CoOG's Inventory Turnover for the fiscal year that ended in Jun. 2018 is calculated as

Inventory Turnover (A: Jun. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2018 ) / ((Total Inventories (A: Jun. 2017 ) + Total Inventories (A: Jun. 2018 )) / count )
=15.59 / ((1.372 + 1.909) / 2 )
=15.59 / 1.6405
=9.50

Al Fajar AL Alamia CoOG's Inventory Turnover for the quarter that ended in Mar. 2019 is calculated as

Inventory Turnover (Q: Mar. 2019 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2019 ) / ((Total Inventories (Q: Dec. 2018 ) + Total Inventories (Q: Mar. 2019 )) / count )
=3.982 / ((1.77 + 2.086) / 2 )
=3.982 / 1.928
=2.07

* 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 2.07 mean?
Al Fajar AL Alamia CoOG (MUS:AFAI) has a Inventory Turnover of 2.07 as of Mar. 2019. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Al Fajar AL Alamia CoOG and its competitors.
Is Al Fajar AL Alamia CoOG's Inventory Turnover too high?
Al Fajar AL Alamia CoOG's current Inventory Turnover is 2.07.
How does Al Fajar AL Alamia CoOG's Inventory Turnover compare to SND?
Al Fajar AL Alamia CoOG's Inventory Turnover of 2.07 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Inventory Turnover depends on the Metals & Mining 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 Al Fajar AL Alamia CoOG and its competitors. Al Fajar AL Alamia CoOG's current Inventory Turnover is 2.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Fajar AL Alamia CoOG stock overvalued right now?
Al Fajar AL Alamia CoOG (MUS:AFAI) has a current Inventory Turnover of 2.07. The current Inventory Turnover is 2.07. 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 Al Fajar AL Alamia CoOG (MUS:AFAI), the current Inventory Turnover is 2.07 as of Mar. 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.

Al Fajar AL Alamia CoOG Business Description

Address Ghala Industrial Estate, Block No: 260, Plot no: 969, Complex no: 260, Street no: 6037, Building no: 2822, City Center Al Qurum, Muscat, OMN, 102
Al Fajar AL Alamia Co SAOG along with its subsidiaries engages in the manufacture and sale of industrial grade explosives. The company primarily manufactures, packages and stores ammonium nitrate, fuel oil (ANFO) and emulsion explosives. ANFO explosives are priced lower than emulsion high explosives and are used in larger quantities. It also provide service of import and storage of initiating systems and drilling accessories. The group operates in two segments:Explosives manufacturing and trading segment includes manufacture and sale of explosives. The Drilling and blasting segment engages in the business of providing drilling and blasting services. It provide services to roads, pipelines, dams, tunnels, undersea blasting for ports, mining and quarrying companies.