Abdul Mohsen Al-Hokair Group for Tourism and Development Co (SAU:1820) Days Inventory : 14.91 (As of Dec. 2023)

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What is Abdul Mohsen Al-Hokair Group for Tourism and Development Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Abdul Mohsen Al-Hokair Group for Tourism and Development Co's Average Total Inventories for the three months ended in Dec. 2023 was ﷼19.1 Mil. Abdul Mohsen Al-Hokair Group for Tourism and Development Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ﷼117.1 Mil. Hence, Abdul Mohsen Al-Hokair Group for Tourism and Development Co's Days Inventory for the three months ended in Dec. 2023 was 14.91.

The historical rank and industry rank for Abdul Mohsen Al-Hokair Group for Tourism and Development Co's Days Inventory or its related term are showing as below:

SAU:1820' s Days Inventory Range Over the Past 10 Years
Min: 11.35 Med: 12.31 Max: 15.8
Current: 13.53

During the past 12 years, Abdul Mohsen Al-Hokair Group for Tourism and Development Co's highest Days Inventory was 15.80. The lowest was 11.35. And the median was 12.31.

SAU:1820's Days Inventory is ranked better than
64.08% of 671 companies
in the Travel & Leisure industry
Industry Median: 36.02 vs SAU:1820: 13.53

Abdul Mohsen Al-Hokair Group for Tourism and Development Co's Days Inventory increased from Dec. 2022 (10.93) to Dec. 2023 (14.91). It might indicate that Abdul Mohsen Al-Hokair Group for Tourism and Development Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Abdul Mohsen Al-Hokair Group for Tourism and Development Co's Inventory Turnover for the three months ended in Dec. 2023 was 6.12.

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. Abdul Mohsen Al-Hokair Group for Tourism and Development Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.12.

Abdul Mohsen Al-Hokair Group for Tourism and Development Co Days Inventory Historical Data

The historical data trend for Abdul Mohsen Al-Hokair Group for Tourism and Development Co'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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Abdul Mohsen Al-Hokair Group for Tourism and Development Co Days Inventory Chart

Abdul Mohsen Al-Hokair Group for Tourism and Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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11.76

15.80

12.52

11.86

12.37

Abdul Mohsen Al-Hokair Group for Tourism and Development Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															10.93	13.92	14.13	12.61	14.91

Competitive Comparison of Abdul Mohsen Al-Hokair Group for Tourism and Development Co's Days Inventory

For the Lodging subindustry, Abdul Mohsen Al-Hokair Group for Tourism and Development Co'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.

Abdul Mohsen Al-Hokair Group for Tourism and Development Co's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Abdul Mohsen Al-Hokair Group for Tourism and Development Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Abdul Mohsen Al-Hokair Group for Tourism and Development Co's Days Inventory falls into.

Abdul Mohsen Al-Hokair Group for Tourism and Development Co Days Inventory Calculation

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

Abdul Mohsen Al-Hokair Group for Tourism and Development Co'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
=	( (19.53	+	18.026)	/	2 )	/	554.24	*	365
=	18.778					/	554.24	*	365
=	12.37

Abdul Mohsen Al-Hokair Group for Tourism and Development Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (20.242	+	18.026)	/	2 )	/	117.116	*	365 / 4
=	19.134					/	117.116	*	365 / 4
=	14.91

Abdul Mohsen Al-Hokair Group for Tourism and Development Co (SAU:1820) 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.

Abdul Mohsen Al-Hokair Group for Tourism and Development Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	117.116	/	19.134
	=	6.12

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.

Abdul Mohsen Al-Hokair Group for Tourism and Development Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	19.134	/	163.6
	=	0.12

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.

Abdul Mohsen Al-Hokair Group for Tourism and Development Co Days Inventory Related Terms

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Abdul Mohsen Al-Hokair Group for Tourism and Development Co (SAU:1820) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Abdul Mohsen Al-Hokair Group for Tourism and Development Co (SAU:1820) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

North Ring between exit 4 and 5 after Double Tree Hilton, P.O. Box 57750, Al Murooj District, Riyadh, SAU, 11584

Website

https://www.alhokair.com

Abdul Mohsen Al-Hokair Group for Tourism and Development Company is engaged in the hospitality and entertainment industries in the Kingdom of Saudi Arabia. It operates and manages hotels, tourist resorts, shopping malls, restaurants, meetings, and events. Its reportable segment involves Hotels, Entertainment, and Others.

Abdul Mohsen Al-Hokair Group for Tourism and Development Co (SAU:1820) Headlines

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