Saudi Telecom Co (SAU:7010) Days Inventory : 16.71 (As of Dec. 2023)

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What is Saudi Telecom Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Saudi Telecom Co's Average Total Inventories for the three months ended in Dec. 2023 was ﷼1,610 Mil. Saudi Telecom Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ﷼8,796 Mil. Hence, Saudi Telecom Co's Days Inventory for the three months ended in Dec. 2023 was 16.71.

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

SAU:7010' s Days Inventory Range Over the Past 10 Years
Min: 7.9 Med: 13.7 Max: 20.84
Current: 16.81

During the past 13 years, Saudi Telecom Co's highest Days Inventory was 20.84. The lowest was 7.90. And the median was 13.70.

SAU:7010's Days Inventory is ranked better than
55.41% of 296 companies
in the Telecommunication Services industry
Industry Median: 19.215 vs SAU:7010: 16.81

Saudi Telecom Co's Days Inventory increased from Dec. 2022 (9.74) to Dec. 2023 (16.71). It might indicate that Saudi Telecom Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Saudi Telecom Co's Inventory Turnover for the three months ended in Dec. 2023 was 5.46.

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. Saudi Telecom Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.09.

Saudi Telecom Co Days Inventory Historical Data

The historical data trend for Saudi Telecom 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.

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Saudi Telecom Co Days Inventory Chart

Saudi Telecom Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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20.84

19.93

12.03

11.79

15.47

Saudi Telecom 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															9.74	14.51	18.40	19.15	16.71

Competitive Comparison of Saudi Telecom Co's Days Inventory

For the Telecom Services subindustry, Saudi Telecom 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.

Saudi Telecom Co's Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Saudi Telecom Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Saudi Telecom Co's Days Inventory falls into.

Saudi Telecom Co Days Inventory Calculation

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

Saudi Telecom 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
=	( (1022.601	+	1904.971)	/	2 )	/	34532.921	*	365
=	1463.786					/	34532.921	*	365
=	15.47

Saudi Telecom 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
=	( (1315.66	+	1904.971)	/	2 )	/	8796.051	*	365 / 4
=	1610.3155					/	8796.051	*	365 / 4
=	16.71

Saudi Telecom Co (SAU:7010) 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.

Saudi Telecom Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8796.051	/	1610.3155
	=	5.46

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.

Saudi Telecom Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1610.3155	/	17724.308
	=	0.09

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.

Saudi Telecom Co Days Inventory Related Terms

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

Saudi Telecom Co (SAU:7010) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Saudi Telecom Co (SAU:7010) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O.Box 87912, Riyadh, SAU, 11652

Website

https://www.stc.com.sa

Saudi Telecom Co offers telecommunications, information and media services that establish, manage, operates and maintains fixed and mobile telecommunication networks and systems to customers. The company manufactures and markets devices, equipment, and components of different telecommunication networks including fixed, moving and special networks, and computer programs and the other intellectual properties. It is also engaged in real estate investment and the resulting activities, such as selling, buying, leasing, managing, developing and maintenance. The majority of the revenue is generated from Saudi Arabia.

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