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Halwani Bros (SAU:6001) Days Inventory : 99.82 (As of Mar. 2024)


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What is Halwani Bros Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Halwani Bros's Average Total Inventories for the three months ended in Mar. 2024 was ﷼205.4 Mil. Halwani Bros's Cost of Goods Sold for the three months ended in Mar. 2024 was ﷼187.8 Mil. Hence, Halwani Bros's Days Inventory for the three months ended in Mar. 2024 was 99.82.

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

SAU:6001' s Days Inventory Range Over the Past 10 Years
Min: 87.21   Med: 106.16   Max: 123.17
Current: 117.99

During the past 13 years, Halwani Bros's highest Days Inventory was 123.17. The lowest was 87.21. And the median was 106.16.

SAU:6001's Days Inventory is ranked worse than
67.92% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 82.035 vs SAU:6001: 117.99

Halwani Bros's Days Inventory declined from Mar. 2023 (117.35) to Mar. 2024 (99.82).

Inventory Turnover measures how fast the company turns over its inventory within a year. Halwani Bros's Inventory Turnover for the three months ended in Mar. 2024 was 0.91.

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. Halwani Bros's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.76.


Halwani Bros Days Inventory Historical Data

The historical data trend for Halwani Bros'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.

Halwani Bros Days Inventory Chart

Halwani Bros 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 108.14 104.17 101.94 112.26 123.17

Halwani Bros 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 117.35 150.05 128.66 112.77 99.82

Competitive Comparison of Halwani Bros's Days Inventory

For the Packaged Foods subindustry, Halwani Bros'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.


Halwani Bros's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Halwani Bros's Days Inventory distribution charts can be found below:

* The bar in red indicates where Halwani Bros's Days Inventory falls into.



Halwani Bros Days Inventory Calculation

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

Halwani Bros'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
=( (246.469 + 230.463) / 2 ) / 706.668*365
=238.466 / 706.668*365
=123.17

Halwani Bros'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
=( (230.463 + 180.394) / 2 ) / 187.796*365 / 4
=205.4285 / 187.796*365 / 4
=99.82

* 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.


Halwani Bros  (SAU:6001) 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.

Halwani Bros'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.

Halwani Bros'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.


Halwani Bros Days Inventory Related Terms

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


Halwani Bros (SAU:6001) Business Description

Traded in Other Exchanges
N/A
Address
Jeddah Industrial Area, fourth stage, PO Box 690, Jeddah, SAU, 21421
Halwani Bros is a Saudi Arabia based company engaged in the manufacturing, packaging, wholesale and retail trade of food products. It is into the production, marketing, and distribution of chilled and frozen meat, and sesame products. It offers sweets, bakery products stuffed with dates, dairy products, processed meat products, jams, and juices; Halawa; tahini; and packaging products. Substantial revenue is generated from the domestic sale of sesame products. The Group uses the geographical segment only as it operates in manufacturing, filling, whole and retail trade of food products.

Halwani Bros (SAU:6001) Headlines

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