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Dhofar Food & InvestmentOG (MUS:DFIN) Inventory Turnover : 0.55 (As of Mar. 2018)


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What is Dhofar Food & InvestmentOG 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. Dhofar Food & InvestmentOG's Cost of Goods Sold for the three months ended in Mar. 2018 was ر.ع8.19 Mil. Dhofar Food & InvestmentOG's Average Total Inventories for the quarter that ended in Mar. 2018 was ر.ع15.00 Mil. Dhofar Food & InvestmentOG's Inventory Turnover for the quarter that ended in Mar. 2018 was 0.55.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dhofar Food & InvestmentOG's Days Inventory for the three months ended in Mar. 2018 was 167.02.

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. Dhofar Food & InvestmentOG's Inventory-to-Revenue for the quarter that ended in Mar. 2018 was 1.45.


Dhofar Food & InvestmentOG Inventory Turnover Historical Data

The historical data trend for Dhofar Food & InvestmentOG'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.

* Premium members only.

Dhofar Food & InvestmentOG Inventory Turnover Chart

Dhofar Food & InvestmentOG 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 4.57 3.76 3.58 3.17 2.74

Dhofar Food & InvestmentOG 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 0.78 0.90 0.88 0.77 0.55

Dhofar Food & InvestmentOG Inventory Turnover Calculation

Dhofar Food & InvestmentOG'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 )
=35.96 / ((11.206 + 14.999) / 2 )
=35.96 / 13.1025
=2.74

Dhofar Food & InvestmentOG'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 )
=8.194 / ((14.999 + 14.997) / 2 )
=8.194 / 14.998
=0.55

* 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.


Dhofar Food & InvestmentOG  (MUS:DFIN) 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.

Dhofar Food & InvestmentOG'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
=14.998/8.194*365 / 4
=167.02

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.

Dhofar Food & InvestmentOG'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 )
=14.998 / 10.343
=1.45

* 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.


Dhofar Food & InvestmentOG Inventory Turnover Related Terms

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Dhofar Food & InvestmentOG (MUS:DFIN) Business Description

Traded in Other Exchanges
N/A
Address
Feed Mill Division, P.O.Box 1220, Raysut, Salalah, OMN, 211
Dhofar Food & Investment SAOG is engaged in producing Feed. It provides reliable, traceable, proven, and sustainable, quality finished poultry and Ruminant feed with State-of-the-art feed milling technology, the finest in Oman. It used raw materials to produce feed in adequate quantities to meet round-the-year requirements. It maintains hygienic, bio-secured stock points to store raw materials and finished products. Its products include Ruminant and Poultry Feeds.