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Alkhorayef Water & Power Technologies (SAU:2081) Days Inventory : 25.33 (As of Dec. 2023)


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What is Alkhorayef Water & Power Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alkhorayef Water & Power Technologies's Average Total Inventories for the three months ended in Dec. 2023 was ﷼119 Mil. Alkhorayef Water & Power Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was ﷼430 Mil. Hence, Alkhorayef Water & Power Technologies's Days Inventory for the three months ended in Dec. 2023 was 25.33.

The historical rank and industry rank for Alkhorayef Water & Power Technologies's Days Inventory or its related term are showing as below:

SAU:2081' s Days Inventory Range Over the Past 10 Years
Min: 23.18   Med: 27.87   Max: 29.71
Current: 23.18

During the past 4 years, Alkhorayef Water & Power Technologies's highest Days Inventory was 29.71. The lowest was 23.18. And the median was 27.87.

SAU:2081's Days Inventory is ranked better than
50% of 462 companies
in the Utilities - Regulated industry
Industry Median: 23.27 vs SAU:2081: 23.18

Alkhorayef Water & Power Technologies's Days Inventory increased from Dec. 2022 (22.83) to Dec. 2023 (25.33). It might indicate that Alkhorayef Water & Power Technologies's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Alkhorayef Water & Power Technologies's Inventory Turnover for the three months ended in Dec. 2023 was 3.60.

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. Alkhorayef Water & Power Technologies's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.24.


Alkhorayef Water & Power Technologies Days Inventory Historical Data

The historical data trend for Alkhorayef Water & Power Technologies'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.

Alkhorayef Water & Power Technologies Days Inventory Chart

Alkhorayef Water & Power Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
29.71 29.13 26.61 23.42

Alkhorayef Water & Power Technologies Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 22.83 24.06 21.11 21.89 25.33

Competitive Comparison of Alkhorayef Water & Power Technologies's Days Inventory

For the Utilities - Regulated Water subindustry, Alkhorayef Water & Power Technologies'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.


Alkhorayef Water & Power Technologies's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Alkhorayef Water & Power Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where Alkhorayef Water & Power Technologies's Days Inventory falls into.



Alkhorayef Water & Power Technologies Days Inventory Calculation

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

Alkhorayef Water & Power Technologies'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
=( (56.654 + 129.003) / 2 ) / 1446.817*365
=92.8285 / 1446.817*365
=23.42

Alkhorayef Water & Power Technologies'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
=( (109.646 + 129.003) / 2 ) / 429.89*365 / 4
=119.3245 / 429.89*365 / 4
=25.33

* 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.


Alkhorayef Water & Power Technologies  (SAU:2081) 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.

Alkhorayef Water & Power Technologies's Inventory Turnover for the three 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.

Alkhorayef Water & Power Technologies's Inventory to Revenue for the three 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.


Alkhorayef Water & Power Technologies Days Inventory Related Terms

Thank you for viewing the detailed overview of Alkhorayef Water & Power Technologies's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Alkhorayef Water & Power Technologies (SAU:2081) Business Description

Traded in Other Exchanges
N/A
Address
King Abdulaziz Road (North) Exit-5, Post Box No. 62637, AlNafal District, Riyadh, SAU, 11595
Alkhorayef Water & Power Technologies is a player in the Saudi Arabian water and wastewater market. Its business consists of three business divisions: Water segment; Wastewater segment; and Integrated solutions segment. It provides services including water withdrawal and treatment, water networks, wastewater networks, wastewater treatment, city management, stormwater network and lifting stations, and water management services.

Alkhorayef Water & Power Technologies (SAU:2081) Headlines

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