GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) » Definitions » Days Inventory

Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) Days Inventory : 193.93 (As of Sep. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Alpha Dhabi Holding PJSC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alpha Dhabi Holding PJSC's Average Total Inventories for the three months ended in Sep. 2023 was د.إ17,493 Mil. Alpha Dhabi Holding PJSC's Cost of Goods Sold for the three months ended in Sep. 2023 was د.إ8,231 Mil. Hence, Alpha Dhabi Holding PJSC's Days Inventory for the three months ended in Sep. 2023 was 193.93.

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

ADX:ALPHADHABI' s Days Inventory Range Over the Past 10 Years
Min: 16.51   Med: 35.4   Max: 153.7
Current: 153.7

During the past 3 years, Alpha Dhabi Holding PJSC's highest Days Inventory was 153.70. The lowest was 16.51. And the median was 35.40.

ADX:ALPHADHABI's Days Inventory is ranked worse than
79.33% of 450 companies
in the Conglomerates industry
Industry Median: 73.125 vs ADX:ALPHADHABI: 153.70

Alpha Dhabi Holding PJSC's Days Inventory increased from Sep. 2022 (140.14) to Sep. 2023 (193.93). It might indicate that Alpha Dhabi Holding PJSC's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Alpha Dhabi Holding PJSC's Inventory Turnover for the three months ended in Sep. 2023 was 0.47.

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. Alpha Dhabi Holding PJSC's Inventory-to-Revenue for the three months ended in Sep. 2023 was 1.70.


Alpha Dhabi Holding PJSC Days Inventory Historical Data

The historical data trend for Alpha Dhabi Holding 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.

* Premium members only.

Alpha Dhabi Holding PJSC Days Inventory Chart

Alpha Dhabi Holding PJSC Annual Data
Trend Dec20 Dec21 Dec22
Days Inventory
35.40 16.51 92.49

Alpha Dhabi Holding PJSC Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 140.14 110.37 136.53 206.45 193.93

Competitive Comparison of Alpha Dhabi Holding PJSC's Days Inventory

For the Conglomerates subindustry, Alpha Dhabi Holding 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.


Alpha Dhabi Holding PJSC's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Alpha Dhabi Holding PJSC's Days Inventory distribution charts can be found below:

* The bar in red indicates where Alpha Dhabi Holding PJSC's Days Inventory falls into.



Alpha Dhabi Holding PJSC Days Inventory Calculation

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

Alpha Dhabi Holding PJSC's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (844.993 + 14517.663) / 2 ) / 30312.28*365
=7681.328 / 30312.28*365
=92.49

Alpha Dhabi Holding PJSC's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (17472.436 + 17513.28) / 2 ) / 8230.927*365 / 4
=17492.858 / 8230.927*365 / 4
=193.93

* 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.


Alpha Dhabi Holding PJSC  (ADX:ALPHADHABI) 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.

Alpha Dhabi Holding PJSC's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

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.

Alpha Dhabi Holding PJSC's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=17492.858 / 10271.043
=1.70

* 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

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.


Alpha Dhabi Holding PJSC Days Inventory Related Terms

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


Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) Business Description

Traded in Other Exchanges
N/A
Address
108, Al Muntazah Street, Office 1003, Level 10, TwoFour54 Building 6, P.O. Box 111059, Adjacent Park Rotana Hotel, Abu Dhabi, ARE
Alpha Dhabi Holding PJSC is an investment holding company in the UAE. It invests in five major verticals namely industrials, which relates to the providing of dredging and associated land reclamation works; healthcare, which includes hospital and medical laboratory management services and laboratory diagnostic services; Construction segment provides contracting services relating to saleable and residential buildings, infrastructure development and civil construction works; Real estate, which includes rental income from properties and income from investment in real estate companies or sale of real estate; and Services, which comprise management services, hospitality income as well as a variety of smaller ancillary activities. It generates the majority of its revenue from the UAE.

Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) Headlines

No Headlines