GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Eshraq Investments PJSC (ADX:ESHRAQ) » Definitions » Days Inventory

Eshraq Investments PJSC (ADX:ESHRAQ) Days Inventory : 4.35 (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Eshraq Investments PJSC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Eshraq Investments PJSC's Average Total Inventories for the three months ended in Mar. 2024 was د.إ0.05 Mil. Eshraq Investments PJSC's Cost of Goods Sold for the three months ended in Mar. 2024 was د.إ1.13 Mil. Hence, Eshraq Investments PJSC's Days Inventory for the three months ended in Mar. 2024 was 4.35.

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

ADX:ESHRAQ' s Days Inventory Range Over the Past 10 Years
Min: 1.65   Med: 1.93   Max: 3405.06
Current: 2.29

During the past 8 years, Eshraq Investments PJSC's highest Days Inventory was 3405.06. The lowest was 1.65. And the median was 1.93.

ADX:ESHRAQ's Days Inventory is ranked better than
95.78% of 1327 companies
in the Real Estate industry
Industry Median: 699.45 vs ADX:ESHRAQ: 2.29

Eshraq Investments PJSC's Days Inventory increased from Mar. 2023 (1.88) to Mar. 2024 (4.35). It might indicate that Eshraq Investments PJSC's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Eshraq Investments PJSC's Inventory Turnover for the three months ended in Mar. 2024 was 20.96.

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. Eshraq Investments PJSC's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.01.


Eshraq Investments PJSC Days Inventory Historical Data

The historical data trend for Eshraq Investments 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.

Eshraq Investments PJSC Days Inventory Chart

Eshraq Investments PJSC Annual Data
Trend Dec12 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 2.39 1.90 1.79 1.65 1.93

Eshraq Investments PJSC 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.88 2.31 1.52 2.76 4.35

Competitive Comparison of Eshraq Investments PJSC's Days Inventory

For the Real Estate Services subindustry, Eshraq Investments 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.


Eshraq Investments PJSC's Days Inventory Distribution in the Real Estate Industry

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

* The bar in red indicates where Eshraq Investments PJSC's Days Inventory falls into.



Eshraq Investments PJSC Days Inventory Calculation

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

Eshraq Investments 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
=( (0.068 + 0.05) / 2 ) / 11.163*365
=0.059 / 11.163*365
=1.93

Eshraq Investments 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
=( (0.05 + 0.058) / 2 ) / 1.132*365 / 4
=0.054 / 1.132*365 / 4
=4.35

* 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.


Eshraq Investments PJSC  (ADX:ESHRAQ) 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.

Eshraq Investments PJSC's Inventory Turnover for the three months ended in Mar. 2024 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.

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

* 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.


Eshraq Investments PJSC Days Inventory Related Terms

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


Eshraq Investments PJSC (ADX:ESHRAQ) Business Description

Traded in Other Exchanges
N/A
Address
Ras Mughayrej Street, Reem Island, P.O Box: 1087, Units 3 and 4, Ground Floor, Marina Rise Tower, Sector RT2, Abu Dhabi, ARE
Eshraq Investments PJSC is a public shareholding company with a portfolio of residential, commercial, and tourism developments. It is engaged in the real estate business which includes development, sales, investment, construction, and associated services. It operates in five segments: Property development, Investment properties, Hospitality & leisure, Investment & asset management, and Holding.

Eshraq Investments PJSC (ADX:ESHRAQ) Headlines

No Headlines