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Jarir Marketing Co (SAU:4190) Days Inventory : 55.01 (As of Dec. 2023)


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What is Jarir Marketing Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Jarir Marketing Co's Average Total Inventories for the three months ended in Dec. 2023 was ﷼1,492 Mil. Jarir Marketing Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ﷼2,474 Mil. Hence, Jarir Marketing Co's Days Inventory for the three months ended in Dec. 2023 was 55.01.

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

SAU:4190' s Days Inventory Range Over the Past 10 Years
Min: 54.37   Med: 58.43   Max: 60.25
Current: 57.08

During the past 13 years, Jarir Marketing Co's highest Days Inventory was 60.25. The lowest was 54.37. And the median was 58.43.

SAU:4190's Days Inventory is ranked better than
75.56% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.73 vs SAU:4190: 57.08

Jarir Marketing Co's Days Inventory increased from Dec. 2022 (48.74) to Dec. 2023 (55.01). It might indicate that Jarir Marketing Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Jarir Marketing Co's Inventory Turnover for the three months ended in Dec. 2023 was 1.66.

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. Jarir Marketing Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.53.


Jarir Marketing Co Days Inventory Historical Data

The historical data trend for Jarir Marketing 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.

Jarir Marketing Co Days Inventory Chart

Jarir Marketing Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.15 58.75 59.04 57.51 58.11

Jarir Marketing Co 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 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 48.74 54.82 62.01 55.91 55.01

Competitive Comparison of Jarir Marketing Co's Days Inventory

For the Specialty Retail subindustry, Jarir Marketing 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.


Jarir Marketing Co's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Jarir Marketing Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Jarir Marketing Co's Days Inventory falls into.



Jarir Marketing Co Days Inventory Calculation

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

Jarir Marketing 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
=( (1319.33 + 1647.915) / 2 ) / 9318.991*365
=1483.6225 / 9318.991*365
=58.11

Jarir Marketing Co'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
=( (1335.266 + 1647.915) / 2 ) / 2474.291*365 / 4
=1491.5905 / 2474.291*365 / 4
=55.01

* 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.


Jarir Marketing Co  (SAU:4190) 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.

Jarir Marketing Co'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.

Jarir Marketing Co'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.


Jarir Marketing Co Days Inventory Related Terms

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


Jarir Marketing Co (SAU:4190) Business Description

Traded in Other Exchanges
N/A
Address
Main Olaya street, P.O. Box 3196, Olaya, Riyadh, SAU, 11471
Jarir Marketing Company operates retail and wholesale showrooms. The company activity include ) include; retail and wholesale trading in office and school supplies, children toys, books, educational aids, office furniture, engineering equipment, computers and computer systems, electronic and electrical devices, maintenance of computers and electronic and electrical devices, sports and scout equipment and paper. It also includes, purchase of residential and commercial buildings and the acquisition of land to construct buildings for sale or lease for the interest of the Company. The company segments include Retail Outlets, Wholesale, E-commerce, and Others. It generates maximum revenue from the Retail Outlets segment.

Jarir Marketing Co (SAU:4190) Headlines

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