Al Kathiri Holding Co (SAU:3008) Days Inventory : 71.12 (As of Mar. 2024)

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What is Al Kathiri Holding Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Al Kathiri Holding Co's Average Total Inventories for the three months ended in Mar. 2024 was ﷼31.0 Mil. Al Kathiri Holding Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ﷼39.8 Mil. Hence, Al Kathiri Holding Co's Days Inventory for the three months ended in Mar. 2024 was 71.12.

The historical rank and industry rank for Al Kathiri Holding Co's Days Inventory or its related term are showing as below:

SAU:3008' s Days Inventory Range Over the Past 10 Years
Min: 21.93 Med: 57.56 Max: 68.58
Current: 64.29

During the past 7 years, Al Kathiri Holding Co's highest Days Inventory was 68.58. The lowest was 21.93. And the median was 57.56.

SAU:3008's Days Inventory is ranked better than
64.13% of 368 companies
in the Building Materials industry
Industry Median: 83.675 vs SAU:3008: 64.29

Al Kathiri Holding Co's Days Inventory increased from Mar. 2023 (39.66) to Mar. 2024 (71.12). It might indicate that Al Kathiri Holding Co's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Al Kathiri Holding Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.28.

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 Kathiri Holding Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.68.

Al Kathiri Holding Co Days Inventory Historical Data

The historical data trend for Al Kathiri Holding Co'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 Kathiri Holding Co Days Inventory Chart

Al Kathiri Holding Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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60.56

57.56

36.95

21.93

68.58

Al Kathiri Holding Co 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															39.66	66.49	102.75	54.47	71.12

Competitive Comparison of Al Kathiri Holding Co's Days Inventory

For the Building Materials subindustry, Al Kathiri Holding Co'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 Kathiri Holding Co's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Al Kathiri Holding Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Al Kathiri Holding Co's Days Inventory falls into.

Al Kathiri Holding Co Days Inventory Calculation

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

Al Kathiri Holding Co'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
=	( (10.024	+	29.97)	/	2 )	/	106.428	*	365
=	19.997					/	106.428	*	365
=	68.58

Al Kathiri Holding Co'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
=	( (29.97	+	32.048)	/	2 )	/	39.786	*	365 / 4
=	31.009					/	39.786	*	365 / 4
=	71.12

Al Kathiri Holding Co (SAU:3008) 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 Kathiri Holding Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	39.786	/	31.009
	=	1.28

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 Kathiri Holding Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	31.009	/	45.64
	=	0.68

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 Kathiri Holding Co Days Inventory Related Terms

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

Al Kathiri Holding Co (SAU:3008) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Al Kathiri Holding Co (SAU:3008) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prince Yazid bin Abdullah bin, Unit No. 19, Abdulrahman - Al - Malqa District, Riyadh, SAU, 13523-6695

Website

https://www.alkathiriholding.com

Al Kathiri Holding Co is engaged in the building materials business. The company transfers, distributes, and sells cement to local markets in all regions of the Kingdom, mainly the markets of the central region and the western region. It also distributes and supplies raw materials for the production of ready-made concrete of all kinds. The company has established a prefabricated concrete plant. The activities of the company later expanded to include the production of ready-mixed concrete and the manufacture of Imdo panels.

Al Kathiri Holding Co (SAU:3008) Headlines

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