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MBC Group Co (SAU:4072) Inventory Turnover : 0.34 (As of Mar. 2024)


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What is MBC Group 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. MBC Group Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ﷼891 Mil. MBC Group Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ﷼2,642 Mil. MBC Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.34.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MBC Group Co's Days Inventory for the three months ended in Mar. 2024 was 270.67.

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. MBC Group Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 2.14.

MBC Group Co Inventory Turnover Historical Data

The historical data trend for MBC Group 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.

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MBC Group Co Inventory Turnover Chart

MBC Group Co Annual Data
Trend
Inventory Turnover

MBC Group Co Quarterly Data
Mar24
Inventory Turnover 0.34

MBC Group Co Inventory Turnover Calculation

MBC Group Co's Inventory Turnover for the fiscal year that ended in . 20 is calculated as

Inventory Turnover (A: . 20 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: . 20 ) / ((Total Inventories (A: . 20 ) + Total Inventories (A: . 20 )) / count )
= / (( + ) / 1 )
= / 0
=N/A

MBC Group Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover (Q: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2024 ) / ((Total Inventories (Q: . 20 ) + Total Inventories (Q: Mar. 2024 )) / count )
=890.843 / (( + 2642.423) / 1 )
=890.843 / 2642.423
=0.34

* 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.

MBC Group Co  (SAU:4072) 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.

MBC Group Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=2642.423/890.843*365 / 4
=270.67

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.

MBC Group Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=2642.423 / 1235.753
=2.14

* 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.

MBC Group Co Inventory Turnover Related Terms

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MBC Group Co (SAU:4072) Business Description

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MBC Group Co is a media company in the middle East and north africa having principal activities consisting of information, communication, education, arts, entertainment and recreation. It has has continued to grow its presence and audience reach in the MENA region where it broadcasts 13 FTA TV channels and owns Shahid, the leading over-the-top video streaming platform in the MENA region in terms of subscribers.

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