Cairo For Investment And Real Estate Developments CIRA Education (CAI:CIRA) Days Inventory : 0.00 (As of Nov. 2023)

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What is Cairo For Investment And Real Estate Developments CIRA Education Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cairo For Investment And Real Estate Developments CIRA Education's Average Total Inventories for the three months ended in Nov. 2023 was E£259 Mil. Cairo For Investment And Real Estate Developments CIRA Education's Cost of Goods Sold for the three months ended in Nov. 2023 was E£0 Mil.

The historical rank and industry rank for Cairo For Investment And Real Estate Developments CIRA Education's Days Inventory or its related term are showing as below:

During the past 7 years, Cairo For Investment And Real Estate Developments CIRA Education's highest Days Inventory was 38.26. The lowest was 1.77. And the median was 2.72.

CAI:CIRA's Days Inventory is not ranked ^*
in the Education industry.
Industry Median: 8.13
* Ranked among companies with meaningful Days Inventory only.

Cairo For Investment And Real Estate Developments CIRA Education's Days Inventory declined from Nov. 2022 (19.70) to Nov. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Cairo For Investment And Real Estate Developments CIRA Education's Inventory Turnover for the three months ended in Nov. 2023 was 0.00.

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. Cairo For Investment And Real Estate Developments CIRA Education's Inventory-to-Revenue for the three months ended in Nov. 2023 was 0.32.

Cairo For Investment And Real Estate Developments CIRA Education Days Inventory Historical Data

The historical data trend for Cairo For Investment And Real Estate Developments CIRA Education'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.

Cairo For Investment And Real Estate Developments CIRA Education Days Inventory Chart

Cairo For Investment And Real Estate Developments CIRA Education Annual Data

Trend

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Inventory

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1.77

2.72

6.39

6.41

38.26

Cairo For Investment And Real Estate Developments CIRA Education Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Days Inventory	Get a 7-Day Free Trial															19.70	-	-	-	-

Competitive Comparison of Cairo For Investment And Real Estate Developments CIRA Education's Days Inventory

For the Education & Training Services subindustry, Cairo For Investment And Real Estate Developments CIRA Education'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.

Cairo For Investment And Real Estate Developments CIRA Education's Days Inventory Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Cairo For Investment And Real Estate Developments CIRA Education's Days Inventory distribution charts can be found below:

* The bar in red indicates where Cairo For Investment And Real Estate Developments CIRA Education's Days Inventory falls into.

Cairo For Investment And Real Estate Developments CIRA Education Days Inventory Calculation

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

Cairo For Investment And Real Estate Developments CIRA Education's Days Inventory for the fiscal year that ended in Aug. 2023 is calculated as

	Days Inventory (A: Aug. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Aug. 2022 )	+	Total Inventories (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (16.35	+	259.178)	/	2 )	/	1314.12	*	365
=	137.764					/	1314.12	*	365
=	38.26

Cairo For Investment And Real Estate Developments CIRA Education's Days Inventory for the quarter that ended in Nov. 2023 is calculated as:

	Days Inventory (Q: Nov. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Aug. 2023 )	+	Total Inventories (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (259.178	+	0)	/	1 )	/	0	*	365 / 4
=	259.178					/	0	*	365 / 4
=	N/A

Cairo For Investment And Real Estate Developments CIRA Education (CAI:CIRA) 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.

Cairo For Investment And Real Estate Developments CIRA Education's Inventory Turnover for the three months ended in Nov. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	259.178
	=	0.00

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.

Cairo For Investment And Real Estate Developments CIRA Education's Inventory to Revenue for the three months ended in Nov. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	259.178	/	803.7
	=	0.32

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.

Cairo For Investment And Real Estate Developments CIRA Education Days Inventory Related Terms

Thank you for viewing the detailed overview of Cairo For Investment And Real Estate Developments CIRA Education's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Cairo For Investment And Real Estate Developments CIRA Education (CAI:CIRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Cairo For Investment And Real Estate Developments CIRA Education (CAI:CIRA) » Definitions » Days Inventory

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Traded in Other Exchanges

N/A

Address

36 Sheikh Ahmed El Sawy Street, Nasr City, Cairo, EGY

Website

https://cira.com.eg

Cairo For Investment And Real Estate Developments CIRA Education Formerly Cairo Investment and Real Estate Development is an Egypt-based provider of educational services in the private sector. The company engaged in two reportable segments which include the School segment, and the Higher Education segment. The majority of revenue derives from the Higher Education segment.

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