Arabian Food and Dairy Factories Co (SAU:9536) Days Inventory : 105.53 (As of Dec. 2023)

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What is Arabian Food and Dairy Factories Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Arabian Food and Dairy Factories Co's Average Total Inventories for the six months ended in Dec. 2023 was ﷼9.78 Mil. Arabian Food and Dairy Factories Co's Cost of Goods Sold for the six months ended in Dec. 2023 was ﷼16.91 Mil. Hence, Arabian Food and Dairy Factories Co's Days Inventory for the six months ended in Dec. 2023 was 105.53.

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

SAU:9536' s Days Inventory Range Over the Past 10 Years
Min: 109.69 Med: 110.59 Max: 118.62
Current: 111.32

During the past 3 years, Arabian Food and Dairy Factories Co's highest Days Inventory was 118.62. The lowest was 109.69. And the median was 110.59.

SAU:9536's Days Inventory is ranked worse than
65.73% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 82.035 vs SAU:9536: 111.32

Arabian Food and Dairy Factories Co's Days Inventory increased from Dec. 2022 (102.14) to Dec. 2023 (105.53). It might indicate that Arabian Food and Dairy Factories 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. Arabian Food and Dairy Factories Co's Inventory Turnover for the six months ended in Dec. 2023 was 1.73.

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. Arabian Food and Dairy Factories Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.30.

Arabian Food and Dairy Factories Co Days Inventory Historical Data

The historical data trend for Arabian Food and Dairy Factories 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.

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Arabian Food and Dairy Factories Co Days Inventory Chart

Arabian Food and Dairy Factories Co Annual Data

Trend

Dec21

Dec22

Dec23

Days Inventory

118.62

109.69

110.59

Arabian Food and Dairy Factories Co Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial			105.25	103.93	102.14	118.00	105.53

Competitive Comparison of Arabian Food and Dairy Factories Co's Days Inventory

For the Packaged Foods subindustry, Arabian Food and Dairy Factories 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.

Arabian Food and Dairy Factories Co's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Arabian Food and Dairy Factories Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Arabian Food and Dairy Factories Co's Days Inventory falls into.

Arabian Food and Dairy Factories Co Days Inventory Calculation

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

Arabian Food and Dairy Factories 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
=	( (11.023	+	9.232)	/	2 )	/	33.426	*	365
=	10.1275					/	33.426	*	365
=	110.59

Arabian Food and Dairy Factories 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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (10.329	+	9.232)	/	2 )	/	16.914	*	365 / 2
=	9.7805					/	16.914	*	365 / 2
=	105.53

Arabian Food and Dairy Factories Co (SAU:9536) 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.

Arabian Food and Dairy Factories Co's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	16.914	/	9.7805
	=	1.73

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.

Arabian Food and Dairy Factories Co's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	9.7805	/	32.168
	=	0.30

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.

Arabian Food and Dairy Factories Co Days Inventory Related Terms

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

Arabian Food and Dairy Factories Co (SAU:9536) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Arabian Food and Dairy Factories Co (SAU:9536) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dammam Industrial City, P.O.Box 195, Dammam, SAU, 31952

Website

https://www.fadeco.com

Arabian Food and Dairy Factories Co is engaged in the production and sale of ice cream within the Kingdom of Saudi Arabia, and the company operates in a single geographical segment which is the Kingdom of Saudi Arabia.

Arabian Food and Dairy Factories Co (SAU:9536) Headlines

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