GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Development Works Food Co (SAU:6013) » Definitions » Days Inventory

Development Works Food Co (SAU:6013) Days Inventory : 24.71 (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Development Works Food Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Development Works Food Co's Average Total Inventories for the three months ended in Mar. 2024 was ﷼5.73 Mil. Development Works Food Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ﷼21.15 Mil. Hence, Development Works Food Co's Days Inventory for the three months ended in Mar. 2024 was 24.71.

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

SAU:6013' s Days Inventory Range Over the Past 10 Years
Min: 23.16   Med: 24.62   Max: 28.06
Current: 25.89

During the past 8 years, Development Works Food Co's highest Days Inventory was 28.06. The lowest was 23.16. And the median was 24.62.

SAU:6013's Days Inventory is ranked worse than
67.46% of 335 companies
in the Restaurants industry
Industry Median: 15.57 vs SAU:6013: 25.89

Development Works Food Co's Days Inventory declined from Mar. 2023 (30.13) to Mar. 2024 (24.71).

Inventory Turnover measures how fast the company turns over its inventory within a year. Development Works Food Co's Inventory Turnover for the three months ended in Mar. 2024 was 3.69.

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. Development Works Food Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.24.


Development Works Food Co Days Inventory Historical Data

The historical data trend for Development Works Food 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.

Development Works Food Co Days Inventory Chart

Development Works Food Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial - - 28.06 24.62 23.16

Development Works Food 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 30.13 25.80 23.64 25.72 24.71

Competitive Comparison of Development Works Food Co's Days Inventory

For the Restaurants subindustry, Development Works Food 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.


Development Works Food Co's Days Inventory Distribution in the Restaurants Industry

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

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



Development Works Food Co Days Inventory Calculation

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

Development Works Food 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
=( (5.693 + 5.23) / 2 ) / 86.09*365
=5.4615 / 86.09*365
=23.16

Development Works Food 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
=( (5.23 + 6.222) / 2 ) / 21.147*365 / 4
=5.726 / 21.147*365 / 4
=24.71

* 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.


Development Works Food Co  (SAU:6013) 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.

Development Works Food 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.

Development Works Food 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.


Development Works Food Co Days Inventory Related Terms

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


Development Works Food Co (SAU:6013) Business Description

Traded in Other Exchanges
N/A
Address
2181 Dammam Road, Unit No .69 P.O box 7830, Al Yarmouk District, Riyadh, SAU, 13243
Development Works Food Co is engaged in the Refrigerated and frozen goods stores[cold warehouses], restaurants with service, food preparation kiosks and other activities related to real estate activities in owned or leased properties and import and export activities. The company operates various restaurants and cafes in Saudi Arabia.

Development Works Food Co (SAU:6013) Headlines

No Headlines