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SABIC Agri-Nutrient Co (SAU:2020) Days Inventory : 38.89 (As of Dec. 2023)


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What is SABIC Agri-Nutrient Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SABIC Agri-Nutrient Co's Average Total Inventories for the three months ended in Dec. 2023 was ﷼711 Mil. SABIC Agri-Nutrient Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ﷼1,669 Mil. Hence, SABIC Agri-Nutrient Co's Days Inventory for the three months ended in Dec. 2023 was 38.89.

The historical rank and industry rank for SABIC Agri-Nutrient Co's Days Inventory or its related term are showing as below:

SAU:2020' s Days Inventory Range Over the Past 10 Years
Min: 33.78   Med: 94.96   Max: 107.49
Current: 41.32

During the past 13 years, SABIC Agri-Nutrient Co's highest Days Inventory was 107.49. The lowest was 33.78. And the median was 94.96.

SAU:2020's Days Inventory is ranked better than
90.83% of 229 companies
in the Agriculture industry
Industry Median: 111.36 vs SAU:2020: 41.32

SABIC Agri-Nutrient Co's Days Inventory increased from Dec. 2022 (36.69) to Dec. 2023 (38.89). It might indicate that SABIC Agri-Nutrient Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. SABIC Agri-Nutrient Co's Inventory Turnover for the three months ended in Dec. 2023 was 2.35.

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. SABIC Agri-Nutrient Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.24.


SABIC Agri-Nutrient Co Days Inventory Historical Data

The historical data trend for SABIC Agri-Nutrient 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.

* Premium members only.

SABIC Agri-Nutrient Co Days Inventory Chart

SABIC Agri-Nutrient Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 105.33 91.90 65.76 33.78 40.34

SABIC Agri-Nutrient 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 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 36.69 41.23 39.93 46.93 38.89

Competitive Comparison of SABIC Agri-Nutrient Co's Days Inventory

For the Agricultural Inputs subindustry, SABIC Agri-Nutrient 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.


SABIC Agri-Nutrient Co's Days Inventory Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, SABIC Agri-Nutrient Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where SABIC Agri-Nutrient Co's Days Inventory falls into.



SABIC Agri-Nutrient Co Days Inventory Calculation

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

SABIC Agri-Nutrient 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
=( (733.993 + 688.476) / 2 ) / 6435.798*365
=711.2345 / 6435.798*365
=40.34

SABIC Agri-Nutrient 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
=( (734.357 + 688.476) / 2 ) / 1669.077*365 / 4
=711.4165 / 1669.077*365 / 4
=38.89

* 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.


SABIC Agri-Nutrient Co  (SAU:2020) 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.

SABIC Agri-Nutrient Co's Inventory Turnover for the three months ended in Dec. 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.

SABIC Agri-Nutrient Co's Inventory to Revenue for the three months ended in Dec. 2023 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.


SABIC Agri-Nutrient Co Days Inventory Related Terms

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


SABIC Agri-Nutrient Co (SAU:2020) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 11044, Jubail Industrial City, SAU, 31961
SABIC Agri-Nutrient Co is engaged in the production, conversion, manufacturing, marketing, and trading of fertilizers of all types inside and outside the Kingdom of Saudi Arabia. Its product range includes urea, ammonia, and a comprehensive portfolio of nitrogen-based inorganic products.

SABIC Agri-Nutrient Co (SAU:2020) Headlines

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