Saudi Automotive Services Co. (SAU:4050) Days Inventory : 4.84 (As of Mar. 2024)

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What is Saudi Automotive Services Co. Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Saudi Automotive Services Co.'s Average Total Inventories for the three months ended in Mar. 2024 was ﷼126 Mil. Saudi Automotive Services Co.'s Cost of Goods Sold for the three months ended in Mar. 2024 was ﷼2,377 Mil. Hence, Saudi Automotive Services Co.'s Days Inventory for the three months ended in Mar. 2024 was 4.84.

The historical rank and industry rank for Saudi Automotive Services Co.'s Days Inventory or its related term are showing as below:

SAU:4050' s Days Inventory Range Over the Past 10 Years
Min: 3.22 Med: 8.85 Max: 16.49
Current: 4.35

During the past 13 years, Saudi Automotive Services Co.'s highest Days Inventory was 16.49. The lowest was 3.22. And the median was 8.85.

SAU:4050's Days Inventory is ranked better than
97.94% of 1070 companies
in the Retail - Cyclical industry
Industry Median: 110.775 vs SAU:4050: 4.35

Saudi Automotive Services Co.'s Days Inventory increased from Mar. 2023 (3.73) to Mar. 2024 (4.84). It might indicate that Saudi Automotive Services Co.'s sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Saudi Automotive Services Co.'s Inventory Turnover for the three months ended in Mar. 2024 was 18.84.

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. Saudi Automotive Services Co.'s Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.05.

Saudi Automotive Services Co. Days Inventory Historical Data

The historical data trend for Saudi Automotive Services 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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Saudi Automotive Services Co. Days Inventory Chart

Saudi Automotive Services Co. Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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8.53

9.16

4.38

3.22

3.96

Saudi Automotive Services Co. Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															3.73	4.04	3.95	4.13	4.84

Competitive Comparison of Saudi Automotive Services Co.'s Days Inventory

For the Specialty Retail subindustry, Saudi Automotive Services 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.

Saudi Automotive Services Co.'s Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Saudi Automotive Services Co.'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Saudi Automotive Services Co.'s Days Inventory falls into.

Saudi Automotive Services Co. Days Inventory Calculation

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

Saudi Automotive Services 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
=	( (82.574	+	108.785)	/	2 )	/	8820.27	*	365
=	95.6795					/	8820.27	*	365
=	3.96

Saudi Automotive Services Co.'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
=	( (108.785	+	143.5)	/	2 )	/	2376.744	*	365 / 4
=	126.1425					/	2376.744	*	365 / 4
=	4.84

Saudi Automotive Services Co. (SAU:4050) 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.

Saudi Automotive Services Co.'s Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2376.744	/	126.1425
	=	18.84

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.

Saudi Automotive Services Co.'s Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	126.1425	/	2453.173
	=	0.05

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.

Saudi Automotive Services Co. Days Inventory Related Terms

Thank you for viewing the detailed overview of Saudi Automotive Services Co.'s Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Saudi Automotive Services Co. (SAU:4050) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Saudi Automotive Services Co. (SAU:4050) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Makkah Al Mukarramah Road (Khurais), Building No. 4870, King Abdulaziz district, Riyadh, SAU, 12411

Website

https://www.sasco.com.sa

Saudi Automotive Services Co. is a company engaged in providing services to vehicles and travelers by establishing central workshops to provide the highest level of maintenance and repair and establishing a network of vehicle service stations, as well as providing rest houses and restaurants, importing and selling foodstuffs, drinks, beverages and raw materials required therefor, importing vehicles and spare parts of all kinds for the Group's business and trading in them after obtaining the necessary licenses, carrying out all types of contracting for establishment, management, maintenance and operation of residential and commercial buildings. The company operates in following segments: Retail and operation, Saudi Club, Transportation Fleet and others.

Saudi Automotive Services Co. (SAU:4050) Headlines

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