AlSaif Stores for Development and Investment Co (SAU:4192) Days Inventory : 233.65 (As of Dec. 2023)

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What is AlSaif Stores for Development and Investment Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AlSaif Stores for Development and Investment Co's Average Total Inventories for the three months ended in Dec. 2023 was ﷼357.1 Mil. AlSaif Stores for Development and Investment Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ﷼139.5 Mil. Hence, AlSaif Stores for Development and Investment Co's Days Inventory for the three months ended in Dec. 2023 was 233.65.

The historical rank and industry rank for AlSaif Stores for Development and Investment Co's Days Inventory or its related term are showing as below:

SAU:4192' s Days Inventory Range Over the Past 10 Years
Min: 170.33 Med: 171.46 Max: 232.42
Current: 207.97

During the past 3 years, AlSaif Stores for Development and Investment Co's highest Days Inventory was 232.42. The lowest was 170.33. And the median was 171.46.

SAU:4192's Days Inventory is ranked worse than
88.48% of 408 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.19 vs SAU:4192: 207.97

AlSaif Stores for Development and Investment Co's Days Inventory increased from Dec. 2022 (142.23) to Dec. 2023 (233.65). It might indicate that AlSaif Stores for Development and Investment Co'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. AlSaif Stores for Development and Investment Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.39.

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. AlSaif Stores for Development and Investment Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.85.

AlSaif Stores for Development and Investment Co Days Inventory Historical Data

The historical data trend for AlSaif Stores for Development and Investment 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.

AlSaif Stores for Development and Investment Co Days Inventory Chart

AlSaif Stores for Development and Investment Co Annual Data

Trend

Dec21

Dec22

Dec23

Days Inventory

171.46

170.33

232.42

AlSaif Stores for Development and Investment Co Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial				142.23	145.90	210.47	230.34	233.65

Competitive Comparison of AlSaif Stores for Development and Investment Co's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, AlSaif Stores for Development and Investment 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.

AlSaif Stores for Development and Investment Co's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, AlSaif Stores for Development and Investment Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where AlSaif Stores for Development and Investment Co's Days Inventory falls into.

AlSaif Stores for Development and Investment Co Days Inventory Calculation

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

AlSaif Stores for Development and Investment 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
=	( (239.069	+	409.614)	/	2 )	/	509.356	*	365
=	324.3415					/	509.356	*	365
=	232.42

AlSaif Stores for Development and Investment 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
=	( (304.541	+	409.614)	/	2 )	/	139.456	*	365 / 4
=	357.0775					/	139.456	*	365 / 4
=	233.65

AlSaif Stores for Development and Investment Co (SAU:4192) 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.

AlSaif Stores for Development and Investment Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	139.456	/	357.0775
	=	0.39

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.

AlSaif Stores for Development and Investment Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	357.0775	/	192.731
	=	1.85

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.

AlSaif Stores for Development and Investment Co Days Inventory Related Terms

Thank you for viewing the detailed overview of AlSaif Stores for Development and Investment Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

AlSaif Stores for Development and Investment Co (SAU:4192) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » AlSaif Stores for Development and Investment Co (SAU:4192) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Saud bin Abdulaziz bin Mohammed Street, Riyadh Altaawon Distrct Emam, P.O. Box 10448, Riyadh, SAU, 11626

Website

https://www.alsaifgallery.com

AlSaif Stores for Development and Investment Co operates in the home utensils and appliances retail sector in Saudi Arabia. The company fulfills customer needs such as by providing small home appliances, kitchenware, serveware, and other home accessories.

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