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Al Hassan Ghazi Ibrahim Shaker (SAU:1214) Days Inventory : 107.48 (As of Mar. 2024)


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What is Al Hassan Ghazi Ibrahim Shaker Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Al Hassan Ghazi Ibrahim Shaker's Average Total Inventories for the three months ended in Mar. 2024 was ﷼372 Mil. Al Hassan Ghazi Ibrahim Shaker's Cost of Goods Sold for the three months ended in Mar. 2024 was ﷼315 Mil. Hence, Al Hassan Ghazi Ibrahim Shaker's Days Inventory for the three months ended in Mar. 2024 was 107.48.

The historical rank and industry rank for Al Hassan Ghazi Ibrahim Shaker's Days Inventory or its related term are showing as below:

SAU:1214' s Days Inventory Range Over the Past 10 Years
Min: 141.71   Med: 178.87   Max: 277.26
Current: 151.06

During the past 13 years, Al Hassan Ghazi Ibrahim Shaker's highest Days Inventory was 277.26. The lowest was 141.71. And the median was 178.87.

SAU:1214's Days Inventory is ranked worse than
68.95% of 2409 companies
in the Hardware industry
Industry Median: 101.86 vs SAU:1214: 151.06

Al Hassan Ghazi Ibrahim Shaker's Days Inventory declined from Mar. 2023 (145.93) to Mar. 2024 (107.48).

Inventory Turnover measures how fast the company turns over its inventory within a year. Al Hassan Ghazi Ibrahim Shaker's Inventory Turnover for the three months ended in Mar. 2024 was 0.85.

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. Al Hassan Ghazi Ibrahim Shaker's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.90.


Al Hassan Ghazi Ibrahim Shaker Days Inventory Historical Data

The historical data trend for Al Hassan Ghazi Ibrahim Shaker'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.

Al Hassan Ghazi Ibrahim Shaker Days Inventory Chart

Al Hassan Ghazi Ibrahim Shaker Annual Data
Trend Dec12 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 167.55 141.71 149.78 174.45 156.64

Al Hassan Ghazi Ibrahim Shaker Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 145.93 171.54 162.17 190.60 107.48

Competitive Comparison of Al Hassan Ghazi Ibrahim Shaker's Days Inventory

For the Electronics & Computer Distribution subindustry, Al Hassan Ghazi Ibrahim Shaker'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.


Al Hassan Ghazi Ibrahim Shaker's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Al Hassan Ghazi Ibrahim Shaker's Days Inventory distribution charts can be found below:

* The bar in red indicates where Al Hassan Ghazi Ibrahim Shaker's Days Inventory falls into.



Al Hassan Ghazi Ibrahim Shaker Days Inventory Calculation

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

Al Hassan Ghazi Ibrahim Shaker'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
=( (414.349 + 373.978) / 2 ) / 918.474*365
=394.1635 / 918.474*365
=156.64

Al Hassan Ghazi Ibrahim Shaker's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (373.978 + 369.18) / 2 ) / 315.473*365 / 4
=371.579 / 315.473*365 / 4
=107.48

* 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.


Al Hassan Ghazi Ibrahim Shaker  (SAU:1214) 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.

Al Hassan Ghazi Ibrahim Shaker's Inventory Turnover for the three months ended in Mar. 2024 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.

Al Hassan Ghazi Ibrahim Shaker's Inventory to Revenue for the three months ended in Mar. 2024 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.


Al Hassan Ghazi Ibrahim Shaker Days Inventory Related Terms

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Al Hassan Ghazi Ibrahim Shaker (SAU:1214) Business Description

Traded in Other Exchanges
N/A
Address
King Fahad Road, Near the Raval Tower, P.O.Box 5124, Shaker Group Building, Alsahafa District, Riyadh, SAU, 11422
Al Hassan Ghazi Ibrahim Shaker is engaged in the trading and wholesale parts, electronic equipment, household equipment and air-conditioners, and maintenance. It also provides agency services for companies in the same business. The company trades for the brands like LG, maytag, Ariston, Indesit, Midea, and Kitchen aid.

Al Hassan Ghazi Ibrahim Shaker (SAU:1214) Headlines

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