AME Company for Medical Supplies (SAU:9527) Days Inventory : 128.72 (As of Dec. 2023)

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What is AME Company for Medical Supplies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). AME Company for Medical Supplies's Average Total Inventories for the six months ended in Dec. 2023 was ﷼42.3 Mil. AME Company for Medical Supplies's Cost of Goods Sold for the six months ended in Dec. 2023 was ﷼59.9 Mil. Hence, AME Company for Medical Supplies's Days Inventory for the six months ended in Dec. 2023 was 128.72.

The historical rank and industry rank for AME Company for Medical Supplies's Days Inventory or its related term are showing as below:

SAU:9527' s Days Inventory Range Over the Past 10 Years
Min: 111.89 Med: 126.73 Max: 133.77
Current: 127.84

During the past 3 years, AME Company for Medical Supplies's highest Days Inventory was 133.77. The lowest was 111.89. And the median was 126.73.

SAU:9527's Days Inventory is ranked worse than
80.85% of 94 companies
in the Medical Distribution industry
Industry Median: 60.975 vs SAU:9527: 127.84

AME Company for Medical Supplies's Days Inventory declined from Dec. 2022 (164.46) to Dec. 2023 (128.72).

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. AME Company for Medical Supplies's Inventory Turnover for the six months ended in Dec. 2023 was 1.42.

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. AME Company for Medical Supplies's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.41.

AME Company for Medical Supplies Days Inventory Historical Data

The historical data trend for AME Company for Medical Supplies'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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AME Company for Medical Supplies Days Inventory Chart

AME Company for Medical Supplies Annual Data

Trend

Dec21

Dec22

Dec23

Days Inventory

111.89

126.73

133.77

AME Company for Medical Supplies Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial			103.92	87.36	164.46	121.30	128.72

Competitive Comparison of AME Company for Medical Supplies's Days Inventory

For the Medical Distribution subindustry, AME Company for Medical Supplies'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.

AME Company for Medical Supplies's Days Inventory Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, AME Company for Medical Supplies's Days Inventory distribution charts can be found below:

* The bar in red indicates where AME Company for Medical Supplies's Days Inventory falls into.

AME Company for Medical Supplies Days Inventory Calculation

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

AME Company for Medical Supplies'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
=	( (46.358	+	44.945)	/	2 )	/	124.565	*	365
=	45.6515					/	124.565	*	365
=	133.77

AME Company for Medical Supplies'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (39.579	+	44.945)	/	2 )	/	59.919	*	365 / 2
=	42.262					/	59.919	*	365 / 2
=	128.72

AME Company for Medical Supplies (SAU:9527) 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.

AME Company for Medical Supplies's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	59.919	/	42.262
	=	1.42

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.

AME Company for Medical Supplies's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	42.262	/	102.981
	=	0.41

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.

AME Company for Medical Supplies Days Inventory Related Terms

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AME Company for Medical Supplies (SAU:9527) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » AME Company for Medical Supplies (SAU:9527) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prince Sultan Street, P.O. Box 11544, Jeddah, SAU, 21463

Website

https://www.ame.med.sa

AME Company for Medical Supplies is engaged in providing medical devices and equipment. It generates maximum revenue from the medical supplies segment. The Company is engaged in wholesale and retail trade which mainly includes perfumes, cosmetics, orthotic devices, medical supplies, decorative soap, incense, veterinary medicine and medical equipment.

AME Company for Medical Supplies (SAU:9527) Headlines

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