Al Jazeera Services (MUS:AJSS) Inventory Turnover: 6.38 (As of Mar. 2018)


What is Al Jazeera Services Inventory Turnover?

Al Jazeera Services MUS:AJSS Inventory Turnover is 6.38 as of Mar. 2018.

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 Jazeera Services's Cost of Goods Sold for the three months ended in Mar. 2018 was ر.ع1.30 Mil. Al Jazeera Services's Average Total Inventories for the quarter that ended in Mar. 2018 was ر.ع0.20 Mil. Al Jazeera Services's Inventory Turnover for the quarter that ended in Mar. 2018 was 6.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Al Jazeera Services's Days Inventory for the three months ended in Mar. 2018 was 14.30.

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 Jazeera Services's Inventory-to-Revenue for the quarter that ended in Mar. 2018 was 0.11.

Al Jazeera Services  (MUS:AJSS) 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 Jazeera Services's Days Inventory for the three months ended in Mar. 2018 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2018 )/Cost of Goods Sold (Q: Mar. 2018 )*Days in Period
=0.2035/1.299*365 / 4
=14.30

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 Jazeera Services's Inventory to Revenue for the quarter that ended in Mar. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2018 ) / Revenue (Q: Mar. 2018 )
=0.2035 / 1.778
=0.11

* 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 Jazeera Services Inventory Turnover Related Terms

Al Jazeera Services Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Al Jazeera Services'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 Jazeera Services Inventory Turnover Chart

Al Jazeera Services Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.37 26.34 26.36 15.27 15.72

Al Jazeera Services Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 6.71 6.59 6.08 -4.39 6.38

Al Jazeera Services Inventory Turnover Calculation

Al Jazeera Services's Inventory Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Inventory Turnover (A: Dec. 2017 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2017 ) / ((Total Inventories (A: Dec. 2016 ) + Total Inventories (A: Dec. 2017 )) / count )
=3.553 / ((0.244 + 0.208) / 2 )
=3.553 / 0.226
=15.72

Al Jazeera Services's Inventory Turnover for the quarter that ended in Mar. 2018 is calculated as

Inventory Turnover (Q: Mar. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2018 ) / ((Total Inventories (Q: Dec. 2017 ) + Total Inventories (Q: Mar. 2018 )) / count )
=1.299 / ((0.208 + 0.199) / 2 )
=1.299 / 0.2035
=6.38

* 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 6.38 mean?
Al Jazeera Services (MUS:AJSS) has a Inventory Turnover of 6.38 as of Mar. 2018. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Al Jazeera Services and its competitors.
Is Al Jazeera Services' Inventory Turnover too high?
Al Jazeera Services' current Inventory Turnover is 6.38.
How does Al Jazeera Services' Inventory Turnover compare to STWC?
Al Jazeera Services' Inventory Turnover of 6.38 can be compared against companies in the Business Services 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 Business Services company?
A good Inventory Turnover depends on the Business Services 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 Jazeera Services and its competitors. Al Jazeera Services's current Inventory Turnover is 6.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Jazeera Services stock overvalued right now?
Al Jazeera Services (MUS:AJSS) has a current Inventory Turnover of 6.38. The current Inventory Turnover is 6.38. 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 Jazeera Services (MUS:AJSS), the current Inventory Turnover is 6.38 as of Mar. 2018. 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 Jazeera Services Business Description

Address 408, 4th Floor, International Medical Centre, P.O.Box 2865, Near Al Hamriya Roundabout, Ruwi, OMN, 112
Al Jazeera Services, formerly Al Jazeira Services Co SAOG, and its subsidiary are mainly engaged in catering and service support in Oman. The firm is engaged in contracting services which include catering, housekeeping, laundry, equipment supplies, and allied services. The contracting services business involves the feeding and housing of workers and personnel engaged in the industrial, oil, and gas sectors, military and civilian defense forces, and hospital, and educational sectors. In addition, the company is also engaged in investment activities. The company holds investment interests in banking, services, and industrial sectors in the local securities market as well as in the overseas stock market.