The National Detergent CoOG (MUS:NDTI) Inventory Turnover : 1.26 (As of Jun. 2018)

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What is The National Detergent CoOG 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. The National Detergent CoOG's Cost of Goods Sold for the three months ended in Jun. 2018 was ر.ع4.04 Mil. The National Detergent CoOG's Average Total Inventories for the quarter that ended in Jun. 2018 was ر.ع3.21 Mil. The National Detergent CoOG's Inventory Turnover for the quarter that ended in Jun. 2018 was 1.26.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. The National Detergent CoOG's Days Inventory for the three months ended in Jun. 2018 was 72.57.

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. The National Detergent CoOG's Inventory-to-Revenue for the quarter that ended in Jun. 2018 was 0.58.

The National Detergent CoOG Inventory Turnover Historical Data

The historical data trend for The National Detergent 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.

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The National Detergent CoOG Inventory Turnover Chart

The National Detergent CoOG Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Inventory Turnover

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4.91

4.31

4.61

4.47

4.23

The National Detergent CoOG Quarterly Data
	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18
Inventory Turnover	Get a 7-Day Free Trial															1.13	1.27	0.86	1.40	1.26

The National Detergent CoOG Inventory Turnover Calculation

The National Detergent CoOG'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 )
=	14.792	/ (	(3.641	+	3.353)	/	2 )
=	14.792	/	3.497
=	4.23

The National Detergent CoOG's Inventory Turnover for the quarter that ended in Jun. 2018 is calculated as

	Inventory Turnover (Q: Jun. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2018 )	/ (	(Total Inventories (Q: Mar. 2018 )	+	Total Inventories (Q: Jun. 2018 ))	/	count )
=	4.042	/ (	(2.984	+	3.445)	/	2 )
=	4.042	/	3.2145
=	1.26

The National Detergent CoOG (MUS:NDTI) 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.

The National Detergent CoOG's Days Inventory for the three months ended in Jun. 2018 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2018 )	/	Cost of Goods Sold (Q: Jun. 2018 )	*	Days in Period
	=	3.2145	/	4.042	*	365 / 4
	=	72.57

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.

The National Detergent CoOG's Inventory to Revenue for the quarter that ended in Jun. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2018 )	/	Revenue (Q: Jun. 2018 )
	=	3.2145	/	5.557
	=	0.58

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.

The National Detergent CoOG Inventory Turnover Related Terms

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The National Detergent CoOG (MUS:NDTI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The National Detergent Co SAOG (MUS:NDTI) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ruwi, PO Box 3104, Muscat, OMN, PC 112

Website

http://www.ndcoman.com

The National Detergent Co SAOG manufactures and distributes detergent powders, liquid detergents, toilet soaps, shampoos, and other industrial cleaners. The company is in the cleaning care solutions industry. It operates in business segments that are Consumer Products; which is engaged in the manufacture, marketing and distribution of detergent powders, liquid detergents, hand wash liquids, toilet soaps, and fabric care, and Sulphonation segment; which is engaged in the manufacture of Sulphonic Acid, a surface active agent used in the detergent. The consumer product segment earns maximum revenue for the company. Geographically the company provides its product throughout Oman region.

The National Detergent CoOG (MUS:NDTI) Headlines

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