Telecom EgyptE (CAI:ETEL) Days Inventory : 45.14 (As of Dec. 2023)

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What is Telecom EgyptE Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Telecom EgyptE's Average Total Inventories for the three months ended in Dec. 2023 was E£5,028 Mil. Telecom EgyptE's Cost of Goods Sold for the three months ended in Dec. 2023 was E£10,164 Mil. Hence, Telecom EgyptE's Days Inventory for the three months ended in Dec. 2023 was 45.14.

The historical rank and industry rank for Telecom EgyptE's Days Inventory or its related term are showing as below:

CAI:ETEL' s Days Inventory Range Over the Past 10 Years
Min: 24.11 Med: 37.34 Max: 51.02
Current: 51.02

During the past 13 years, Telecom EgyptE's highest Days Inventory was 51.02. The lowest was 24.11. And the median was 37.34.

CAI:ETEL's Days Inventory is ranked worse than
81.42% of 296 companies
in the Telecommunication Services industry
Industry Median: 19.14 vs CAI:ETEL: 51.02

Telecom EgyptE's Days Inventory increased from Dec. 2022 (42.71) to Dec. 2023 (45.14). It might indicate that Telecom EgyptE's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Telecom EgyptE's Inventory Turnover for the three months ended in Dec. 2023 was 2.02.

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. Telecom EgyptE's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.34.

Telecom EgyptE Days Inventory Historical Data

The historical data trend for Telecom EgyptE'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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Telecom EgyptE Days Inventory Chart

Telecom EgyptE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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46.21

41.72

37.40

45.63

49.82

Telecom EgyptE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															42.71	53.01	53.32	55.44	45.14

Competitive Comparison of Telecom EgyptE's Days Inventory

For the Telecom Services subindustry, Telecom EgyptE'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.

Telecom EgyptE's Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telecom EgyptE's Days Inventory distribution charts can be found below:

* The bar in red indicates where Telecom EgyptE's Days Inventory falls into.

Telecom EgyptE Days Inventory Calculation

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

Telecom EgyptE'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
=	( (4280.512	+	5080.871)	/	2 )	/	34289.981	*	365
=	4680.6915					/	34289.981	*	365
=	49.82

Telecom EgyptE'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (4974.696	+	5080.871)	/	2 )	/	10164.25	*	365 / 4
=	5027.7835					/	10164.25	*	365 / 4
=	45.14

Telecom EgyptE (CAI:ETEL) 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.

Telecom EgyptE's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	10164.25	/	5027.7835
	=	2.02

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.

Telecom EgyptE's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5027.7835	/	14720.912
	=	0.34

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.

Telecom EgyptE Days Inventory Related Terms

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

Telecom EgyptE (CAI:ETEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Telecom Egypt SAE (CAI:ETEL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

B7 Building, Smart Village, K28 Cairo-Alexandria Desert Road, Cairo, EGY, 12577

Website

https://www.te.eg

Telecom Egypt SAE is the country's sole provider of fixed-line voice telecommunication services, where it generates the vast majority of its revenue. The company provides voice services, Internet, and data services in three segments: Communications marine cables and infrastructure services, Internet services, Outsourcing services. Additionally, because of Telecom Egypt's ownership of telecommunication infrastructure, there is wholesale revenue. This constitutes the majority of overall company revenue.

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