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Herfy Food Services Co (SAU:6002) Days Inventory : 60.39 (As of Mar. 2024)


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What is Herfy Food Services Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Herfy Food Services Co's Average Total Inventories for the three months ended in Mar. 2024 was ﷼144 Mil. Herfy Food Services Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ﷼217 Mil. Hence, Herfy Food Services Co's Days Inventory for the three months ended in Mar. 2024 was 60.39.

The historical rank and industry rank for Herfy Food Services Co's Days Inventory or its related term are showing as below:

SAU:6002' s Days Inventory Range Over the Past 10 Years
Min: 47.53   Med: 50.62   Max: 67.01
Current: 64.78

During the past 13 years, Herfy Food Services Co's highest Days Inventory was 67.01. The lowest was 47.53. And the median was 50.62.

SAU:6002's Days Inventory is ranked worse than
93.45% of 336 companies
in the Restaurants industry
Industry Median: 15.59 vs SAU:6002: 64.78

Herfy Food Services Co's Days Inventory declined from Mar. 2023 (72.56) to Mar. 2024 (60.39).

Inventory Turnover measures how fast the company turns over its inventory within a year. Herfy Food Services Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.51.

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. Herfy Food Services Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.50.


Herfy Food Services Co Days Inventory Historical Data

The historical data trend for Herfy Food Services 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.

Herfy Food Services Co Days Inventory Chart

Herfy Food Services 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 55.45 57.79 48.55 60.86 67.01

Herfy Food Services Co 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 72.56 71.78 64.47 63.07 60.39

Competitive Comparison of Herfy Food Services Co's Days Inventory

For the Restaurants subindustry, Herfy Food Services 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.


Herfy Food Services Co's Days Inventory Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Herfy Food Services Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Herfy Food Services Co's Days Inventory falls into.



Herfy Food Services Co Days Inventory Calculation

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

Herfy Food Services 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
=( (177.615 + 148.918) / 2 ) / 889.284*365
=163.2665 / 889.284*365
=67.01

Herfy Food Services Co'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
=( (148.918 + 138.218) / 2 ) / 216.938*365 / 4
=143.568 / 216.938*365 / 4
=60.39

* 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.


Herfy Food Services Co  (SAU:6002) 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.

Herfy Food Services Co'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.

Herfy Food Services Co'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.


Herfy Food Services Co Days Inventory Related Terms

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


Herfy Food Services Co (SAU:6002) Business Description

Traded in Other Exchanges
N/A
Address
Riyadh-Mourouj Quarter, P.O. Box 86958, Al Moroug District, Al Riyadh, SAU, 11632
Herfy Food Services Co establishes, operates, and franchises restaurants in the Kingdom of Saudi Arabia. Its restaurants offer cooked meals to companies and others. The company also franchises restaurants in Kuwait, the United Arab Emirates, Egypt, and Bahrain; provides catering services; manufactures and sells meat products, as well as bakery and pastry, and sweets and chocolate products; and operates bakeries. In addition, it purchases and sells land for constructing buildings; and owns, uses, maintains, and leases stores and food store fridges.

Herfy Food Services Co (SAU:6002) Headlines

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