Arabian Mills For Food Products Co (SAU:2285) Inventory Turnover : 1.18 (As of Dec. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Arabian Mills For Food Products Co 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. Arabian Mills For Food Products Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ﷼140.3 Mil. Arabian Mills For Food Products Co's Average Total Inventories for the quarter that ended in Dec. 2024 was ﷼118.6 Mil. Arabian Mills For Food Products Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Arabian Mills For Food Products Co's Days Inventory for the three months ended in Dec. 2024 was 77.15.

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. Arabian Mills For Food Products Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.45.

Arabian Mills For Food Products Co Inventory Turnover Historical Data

The historical data trend for Arabian Mills For Food Products Co'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.

Arabian Mills For Food Products Co Inventory Turnover Chart

Arabian Mills For Food Products Co Annual Data

Trend

Dec23

Dec24

Inventory Turnover

4.42

4.59

Arabian Mills For Food Products Co Quarterly Data
	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial			1.07	1.23	1.07	1.16	1.18

Arabian Mills For Food Products Co Inventory Turnover Calculation

Arabian Mills For Food Products Co's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	518.997	/ (	(98.812	+	127.405)	/	2 )
=	518.997	/	113.1085
=	4.59

Arabian Mills For Food Products Co's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	140.325	/ (	(109.891	+	127.405)	/	2 )
=	140.325	/	118.648
=	1.18

Arabian Mills For Food Products Co (SAU:2285) 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.

Arabian Mills For Food Products Co's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	118.648	/	140.325	*	365 / 4
	=	77.15

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.

Arabian Mills For Food Products Co's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	118.648	/	264.809
	=	0.45

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.

Arabian Mills For Food Products Co Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Arabian Mills For Food Products Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Arabian Mills For Food Products Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Arabian Mills For Food Products Co (SAU:2285) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jabal Abu Zawalah Street, PO Box 6868, Building no. 5252, Al Manakh District, Riyadh, SAU, 14313

Website

https://www.arabianmills.com

Arabian Mills For Food Products Co is engaged in producing and grinding wheat and feed products throughout the Kingdom. Its commercial activities include Packing and grinding wheat, packing and grinding grits, semolina, and bulgur, manufacture of concentrated feed for animals, manufacture of livestock feed, wholesale of bakery products, trade of specialty and healthy foods, land transportation of goods, storage in ports and customs or free zones, and integrated office administrative services activities. The operations of the Company are in the Kingdom of Saudi Arabia in three branches: Riyadh, Hail and Jazzan. Key revenue is generated from Riyadh.

Arabian Mills For Food Products Co Headlines

No Headlines