Dallah Healthcare Co (SAU:4004) Inventory Turnover : 2.19 (As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Dallah Healthcare Co Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Dallah Healthcare Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ﷼491 Mil. Dallah Healthcare Co's Average Total Inventories for the quarter that ended in Mar. 2024 was ﷼225 Mil. Dallah Healthcare Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 2.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dallah Healthcare Co's Days Inventory for the three months ended in Mar. 2024 was 41.75.

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. Dallah Healthcare Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.29.

Dallah Healthcare Co Inventory Turnover Historical Data

The historical data trend for Dallah Healthcare Co's Inventory Turnover 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.

Dallah Healthcare Co Inventory Turnover Chart

Dallah Healthcare Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

8.32

6.43

6.99

6.71

7.78

Dallah Healthcare Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															1.79	1.81	2.11	2.34	2.19

Dallah Healthcare Co Inventory Turnover Calculation

Dallah Healthcare Co's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	1864.224	/ (	(255.235	+	224.085)	/	2 )
=	1864.224	/	239.66
=	7.78

Dallah Healthcare Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	490.694	/ (	(224.085	+	224.987)	/	2 )
=	490.694	/	224.536
=	2.19

Dallah Healthcare Co (SAU:4004) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Dallah Healthcare Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	224.536	/	490.694	*	365 / 4
	=	41.75

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.

Dallah Healthcare Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	224.536	/	784.056
	=	0.29

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Dallah Healthcare Co Inventory Turnover Related Terms

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

Dallah Healthcare Co (SAU:4004) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Dallah Healthcare Co (SAU:4004) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1157 King Fahad Road, Nakheel building, 2nd Floor, Riyadh, SAU, 12381

Website

https://www.dallahhealth.com

Dallah Healthcare Co provides and operates healthcare programs and utilities in the Kingdom of Saudi Arabia. The objectives of the company include operating, managing and maintaining the healthcare entities, wholesale medicines and retail of medical and surgical equipment, prosthetics and devices for the disabled, hospital equipment and manufacturing medicines, pharmaceuticals, herbals, health, cosmetics, detergents, disinfectants and the packaging in the Kingdom of Saudi Arabia. The reportable segments of the company are Medical Service/Medicine and Pharmaceutical products. The majority of the company's revenue is earned from the Medical service segment.

Dallah Healthcare Co (SAU:4004) Headlines

No Headlines