Al Yamamah Steel Industries Co (SAU:1304) Days Inventory : 126.00 (As of Dec. 2023)

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What is Al Yamamah Steel Industries Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Al Yamamah Steel Industries Co's Average Total Inventories for the three months ended in Dec. 2023 was ﷼770 Mil. Al Yamamah Steel Industries Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ﷼558 Mil. Hence, Al Yamamah Steel Industries Co's Days Inventory for the three months ended in Dec. 2023 was 126.00.

The historical rank and industry rank for Al Yamamah Steel Industries Co's Days Inventory or its related term are showing as below:

SAU:1304' s Days Inventory Range Over the Past 10 Years
Min: 146.55 Med: 182.75 Max: 229.18
Current: 182.02

During the past 9 years, Al Yamamah Steel Industries Co's highest Days Inventory was 229.18. The lowest was 146.55. And the median was 182.75.

SAU:1304's Days Inventory is ranked worse than
88.31% of 573 companies
in the Steel industry
Industry Median: 86.37 vs SAU:1304: 182.02

Al Yamamah Steel Industries Co's Days Inventory declined from Dec. 2022 (170.73) to Dec. 2023 (126.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Al Yamamah Steel Industries Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.72.

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. Al Yamamah Steel Industries Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.22.

Al Yamamah Steel Industries Co Days Inventory Historical Data

The historical data trend for Al Yamamah Steel Industries 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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Al Yamamah Steel Industries Co Days Inventory Chart

Al Yamamah Steel Industries Co Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Inventory

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229.18

146.55

167.73

205.88

197.76

Al Yamamah Steel Industries 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															170.73	213.73	275.11	168.67	126.00

Competitive Comparison of Al Yamamah Steel Industries Co's Days Inventory

For the Steel subindustry, Al Yamamah Steel Industries 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.

Al Yamamah Steel Industries Co's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Al Yamamah Steel Industries Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Al Yamamah Steel Industries Co's Days Inventory falls into.

Al Yamamah Steel Industries Co Days Inventory Calculation

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

Al Yamamah Steel Industries Co's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

	Days Inventory (A: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (939.783	+	780.815)	/	2 )	/	1587.829	*	365
=	860.299					/	1587.829	*	365
=	197.76

Al Yamamah Steel Industries 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
=	( (780.815	+	759.534)	/	2 )	/	557.783	*	365 / 4
=	770.1745					/	557.783	*	365 / 4
=	126.00

Al Yamamah Steel Industries Co (SAU:1304) 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.

Al Yamamah Steel Industries Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	557.783	/	770.1745
	=	0.72

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.

Al Yamamah Steel Industries Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	770.1745	/	630.715
	=	1.22

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.

Al Yamamah Steel Industries Co Days Inventory Related Terms

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

Al Yamamah Steel Industries Co (SAU:1304) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Al Yamamah Steel Industries Co (SAU:1304) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

New Akaria Building, Salah Udin Al Ayoubi Street, P.O. Box 55303, Malaz Area, Aqaria Asteen, 6th Floor, Building 2, Office No. 6201, Riyadh, SAU, 11583

Website

http://www.yamsteel.com

Al Yamamah Steel Industries Co is a manufacturer of tubes, pipes and hollow shapes from iron, metal structures and their parts for bridges and towers, poles and their parts, including (poles, lighting cabins, traffic lights, etc.), installation of prefabricated steel structures for industrial facilities. The company produces and sells steel welded tubes, steel sheets, steel reinforcement bars, and three-dimension space structures. The company's operating segments include Construction and Electric. It generates maximum revenue from the Construction segment.

Al Yamamah Steel Industries Co (SAU:1304) Headlines

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