Bin Dawood Holding (SAU:4161) Days Inventory : 87.88 (As of Dec. 2023)

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What is Bin Dawood Holding Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bin Dawood Holding's Average Total Inventories for the three months ended in Dec. 2023 was ﷼897 Mil. Bin Dawood Holding's Cost of Goods Sold for the three months ended in Dec. 2023 was ﷼931 Mil. Hence, Bin Dawood Holding's Days Inventory for the three months ended in Dec. 2023 was 87.88.

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

SAU:4161' s Days Inventory Range Over the Past 10 Years
Min: 87.89 Med: 100.52 Max: 112.76
Current: 88.69

During the past 5 years, Bin Dawood Holding's highest Days Inventory was 112.76. The lowest was 87.89. And the median was 100.52.

SAU:4161's Days Inventory is ranked worse than
84.77% of 302 companies
in the Retail - Defensive industry
Industry Median: 35.97 vs SAU:4161: 88.69

Bin Dawood Holding's Days Inventory increased from Dec. 2022 (82.67) to Dec. 2023 (87.88). It might indicate that Bin Dawood Holding's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Bin Dawood Holding's Inventory Turnover for the three months ended in Dec. 2023 was 1.04.

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. Bin Dawood Holding's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.62.

Bin Dawood Holding Days Inventory Historical Data

The historical data trend for Bin Dawood Holding'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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Bin Dawood Holding Days Inventory Chart

Bin Dawood Holding Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

104.85

100.52

112.76

89.44

87.89

Bin Dawood Holding Quarterly Data
	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												82.67	90.07	92.13	85.36	87.88

Competitive Comparison of Bin Dawood Holding's Days Inventory

For the Grocery Stores subindustry, Bin Dawood Holding'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.

Bin Dawood Holding's Days Inventory Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Bin Dawood Holding's Days Inventory distribution charts can be found below:

* The bar in red indicates where Bin Dawood Holding's Days Inventory falls into.

Bin Dawood Holding Days Inventory Calculation

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

Bin Dawood Holding'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
=	( (877.335	+	949.454)	/	2 )	/	3793.14	*	365
=	913.3945					/	3793.14	*	365
=	87.89

Bin Dawood Holding'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
=	( (844.085	+	949.454)	/	2 )	/	931.146	*	365 / 4
=	896.7695					/	931.146	*	365 / 4
=	87.88

Bin Dawood Holding (SAU:4161) 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.

Bin Dawood Holding's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	931.146	/	896.7695
	=	1.04

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.

Bin Dawood Holding's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	896.7695	/	1451.399
	=	0.62

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.

Bin Dawood Holding Days Inventory Related Terms

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Bin Dawood Holding (SAU:4161) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Bin Dawood Holding (SAU:4161) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al-Madinah Al-Munawarah Road, Al Naeem, Jeddah, SAU, 21530

Website

https://www.bindawoodholding.com

Bin Dawood Holding is the grocery retail operator of hypermarkets and supermarkets in Saudi Arabia. The company's Stores comprise trading of FMCG, fresh Food Products, and Non-Food Products, including household consumable items, as well as the ownership and management of in-store bakeries.

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