Al Maha Ceramics CoOC (MUS:AMCI) Inventory Turnover: 0.67 (As of Mar. 2018)


What is Al Maha Ceramics CoOC Inventory Turnover?

Al Maha Ceramics CoOC MUS:AMCI -0.34% Inventory Turnover is 0.67 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 Maha Ceramics CoOC's Cost of Goods Sold for the three months ended in Mar. 2018 was ر.ع1.32 Mil. Al Maha Ceramics CoOC's Average Total Inventories for the quarter that ended in Mar. 2018 was ر.ع1.95 Mil. Al Maha Ceramics CoOC's Inventory Turnover for the quarter that ended in Mar. 2018 was 0.67.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Al Maha Ceramics CoOC's Days Inventory for the three months ended in Mar. 2018 was 135.21.

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 Maha Ceramics CoOC's Inventory-to-Revenue for the quarter that ended in Mar. 2018 was 0.98.

Al Maha Ceramics CoOC  (MUS:AMCI) 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 Maha Ceramics CoOC'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
=1.9485/1.315*365 / 4
=135.21

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 Maha Ceramics CoOC'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 )
=1.9485 / 1.983
=0.98

* 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 Maha Ceramics CoOC Inventory Turnover Related Terms

Al Maha Ceramics CoOC Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Al Maha Ceramics CoOC'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 Maha Ceramics CoOC Inventory Turnover Chart

Al Maha Ceramics CoOC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17
Inventory Turnover
3.12 3.47 3.16 2.93 2.81

Al Maha Ceramics CoOC Quarterly Data
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 0.88 0.77 0.70 0.70 0.67

Al Maha Ceramics CoOC Inventory Turnover Calculation

Al Maha Ceramics CoOC'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 )
=5.33 / ((1.806 + 1.991) / 2 )
=5.33 / 1.8985
=2.81

Al Maha Ceramics CoOC'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 )
=1.315 / ((1.991 + 1.906) / 2 )
=1.315 / 1.9485
=0.67

* 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 0.67 mean?
Al Maha Ceramics CoOC (MUS:AMCI) has a Inventory Turnover of 0.67 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 Maha Ceramics CoOC and its competitors.
Is Al Maha Ceramics CoOC's Inventory Turnover too high?
Al Maha Ceramics CoOC's current Inventory Turnover is 0.67.
How does Al Maha Ceramics CoOC's Inventory Turnover compare to competitors?
Al Maha Ceramics CoOC's Inventory Turnover of 0.67 can be compared against companies in the Construction 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 Construction company?
A good Inventory Turnover depends on the Construction 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 Maha Ceramics CoOC and its competitors. Al Maha Ceramics CoOC's current Inventory Turnover is 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Maha Ceramics CoOC stock overvalued right now?
Al Maha Ceramics CoOC (MUS:AMCI) has a current Inventory Turnover of 0.67. The current Inventory Turnover is 0.67. 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 Maha Ceramics CoOC (MUS:AMCI), the current Inventory Turnover is 0.67 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 Maha Ceramics CoOC Business Description

Address Falaj Al Qabail, PO BOX 482, Sohar, OMN, 322
Al Maha Ceramics Co SAOC is a ceramic tile producing company in Oman. Its product offerings include ceramic tiles, glazed wall, floor tiles, border and highlighter tiles in a variety of designs and shades. The company also exports its products to the United Arab Emirates, Saudi Arabia, Qatar, Bahrain, Syria, Lebanon, Jordan, Africa, and South Asia.