TECOM Group PJSC (DFM:TECOM) Days Inventory : 0.00 (As of Mar. 2024)

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What is TECOM Group PJSC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). TECOM Group PJSC's Average Total Inventories for the three months ended in Mar. 2024 was د.إ0 Mil. TECOM Group PJSC's Cost of Goods Sold for the three months ended in Mar. 2024 was د.إ185 Mil. Hence, TECOM Group PJSC's Days Inventory for the three months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for TECOM Group PJSC's Days Inventory or its related term are showing as below:

DFM:TECOM's Days Inventory is not ranked ^*
in the Real Estate industry.
Industry Median: 703.7
* Ranked among companies with meaningful Days Inventory only.

TECOM Group PJSC's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. TECOM Group PJSC's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.

TECOM Group PJSC Days Inventory Historical Data

The historical data trend for TECOM Group PJSC's Days Inventory 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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TECOM Group PJSC Days Inventory Chart

TECOM Group PJSC Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

TECOM Group PJSC Quarterly Data
	Dec19	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial									-	-	-	-	-

Competitive Comparison of TECOM Group PJSC's Days Inventory

For the Real Estate Services subindustry, TECOM Group PJSC's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

TECOM Group PJSC's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, TECOM Group PJSC's Days Inventory distribution charts can be found below:

* The bar in red indicates where TECOM Group PJSC's Days Inventory falls into.

TECOM Group PJSC Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

TECOM Group PJSC's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	760.382	*	365
=	0					/	760.382	*	365
=	0.00

TECOM Group PJSC's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	185.381	*	365 / 4
=	0					/	185.381	*	365 / 4
=	0.00

TECOM Group PJSC (DFM:TECOM) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

TECOM Group PJSC's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	185.381	/	0
	=

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.

TECOM Group PJSC's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	564.038
	=	0.00

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

TECOM Group PJSC Days Inventory Related Terms

Thank you for viewing the detailed overview of TECOM Group PJSC's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

TECOM Group PJSC (DFM:TECOM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » TECOM Group PJSC (DFM:TECOM) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Commercial Building No. 1, Dubai Studio City , P.O. Box 66000, Dubai, ARE

Website

https://www.tecomgroup.ae

TECOM Group PJSC is a central player in Dubai's business hub proposition and is strongly positioned to benefit from the commercial real estate market and the sustained growth of its broader economy. It offers a range of properties and services to customers. The company divides its operations into four financial segments namely commercial leasing, industrial leasing, land leasing and services, and others.

TECOM Group PJSC (DFM:TECOM) Headlines

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