Balady Poultry Trading Co (SAU:9559) Inventory Turnover : 6.49 (As of Dec. 2024)

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What is Balady Poultry Trading 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. Balady Poultry Trading Co's Cost of Goods Sold for the three months ended in Dec. 2024 was ﷼192.4 Mil. Balady Poultry Trading Co's Average Total Inventories for the quarter that ended in Dec. 2024 was ﷼29.6 Mil. Balady Poultry Trading Co's Inventory Turnover for the quarter that ended in Dec. 2024 was 6.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Balady Poultry Trading Co's Days Inventory for the three months ended in Dec. 2024 was 14.06.

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. Balady Poultry Trading Co's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.13.

Balady Poultry Trading Co Inventory Turnover Historical Data

The historical data trend for Balady Poultry Trading 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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Balady Poultry Trading Co Inventory Turnover Chart

Balady Poultry Trading Co Annual Data

Trend

Dec22

Dec23

Dec24

Inventory Turnover

25.85

26.23

26.58

Balady Poultry Trading Co Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial							5.77	6.70	6.34	6.12	6.49

Balady Poultry Trading Co Inventory Turnover Calculation

Balady Poultry Trading 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 )
=	742.671	/ (	(27.91	+	27.969)	/	2 )
=	742.671	/	27.9395
=	26.58

Balady Poultry Trading 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 )
=	192.351	/ (	(31.307	+	27.969)	/	2 )
=	192.351	/	29.638
=	6.49

Balady Poultry Trading Co (SAU:9559) 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.

Balady Poultry Trading 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
	=	29.638	/	192.351	*	365 / 4
	=	14.06

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.

Balady Poultry Trading 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 )
	=	29.638	/	219.753
	=	0.13

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.

Balady Poultry Trading Co Inventory Turnover Related Terms

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Balady Poultry Trading Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Balady Poultry Trading Co (SAU:9559) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

62952 Main Road, Wadi bin Hashbal, P.O 51846, Khamis Mushayt, SAU, 61311

Website

https://www.balady-sa.com

Balady Poultry Trading Co is engaged in rearing and producing laying broiler breeders and operating its hatcheries. Operating slaughterhouses; slaughtering and preparing of fresh poultry, rabbit and bird meat; production of chilled and frozen meat; production of fertilizers from organic materials; etc. It operates in a single segment: poultry processing and the sale of chilled and frozen poultry products.

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