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Amwaj International Co (SAU:9537) Days Inventory : 378.37 (As of Dec. 2023)


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What is Amwaj International Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Amwaj International Co's Average Total Inventories for the six months ended in Dec. 2023 was ﷼229.4 Mil. Amwaj International Co's Cost of Goods Sold for the six months ended in Dec. 2023 was ﷼110.6 Mil. Hence, Amwaj International Co's Days Inventory for the six months ended in Dec. 2023 was 378.37.

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

SAU:9537' s Days Inventory Range Over the Past 10 Years
Min: 279.12   Med: 302.44   Max: 389.55
Current: 371.46

During the past 3 years, Amwaj International Co's highest Days Inventory was 389.55. The lowest was 279.12. And the median was 302.44.

SAU:9537's Days Inventory is ranked worse than
94.1% of 407 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 104.08 vs SAU:9537: 371.46

Amwaj International Co's Days Inventory increased from Dec. 2022 (358.81) to Dec. 2023 (378.37). It might indicate that Amwaj International 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. Amwaj International Co's Inventory Turnover for the six months ended in Dec. 2023 was 0.48.

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. Amwaj International Co's Inventory-to-Revenue for the six months ended in Dec. 2023 was 1.56.


Amwaj International Co Days Inventory Historical Data

The historical data trend for Amwaj International 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.

Amwaj International Co Days Inventory Chart

Amwaj International Co Annual Data
Trend Dec21 Dec22 Dec23
Days Inventory
279.12 302.44 389.55

Amwaj International Co Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial 355.75 253.58 358.81 348.56 378.37

Competitive Comparison of Amwaj International Co's Days Inventory

For the Furnishings, Fixtures & Appliances subindustry, Amwaj International 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.


Amwaj International Co's Days Inventory Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Amwaj International Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Amwaj International Co's Days Inventory falls into.



Amwaj International Co Days Inventory Calculation

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

Amwaj International 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
=( (267.787 + 240.151) / 2 ) / 237.966*365
=253.969 / 237.966*365
=389.55

Amwaj International 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
=( (218.6 + 240.151) / 2 ) / 110.635*365 / 2
=229.3755 / 110.635*365 / 2
=378.37

* 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.


Amwaj International Co  (SAU:9537) 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.

Amwaj International Co's Inventory Turnover for the six months ended in Dec. 2023 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.

Amwaj International Co's Inventory to Revenue for the six months ended in Dec. 2023 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.


Amwaj International Co Days Inventory Related Terms

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


Amwaj International Co (SAU:9537) Business Description

Traded in Other Exchanges
N/A
Address
Alorouba Street, Alolaya, Riyadh, SAU
Amwaj International Co is engaged in the field of selling and distributing electronic and home appliances. Its products include air conditioning; televisions; washing machines; water coolers; heaters and other products.

Amwaj International Co (SAU:9537) Headlines

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