GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Etihad Etisalat Co JSC (SAU:7020) » Definitions » Days Inventory

Etihad Etisalat Co JSC (SAU:7020) Days Inventory : 7.52 (As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Etihad Etisalat Co JSC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Etihad Etisalat Co JSC's Average Total Inventories for the three months ended in Mar. 2024 was ﷼173 Mil. Etihad Etisalat Co JSC's Cost of Goods Sold for the three months ended in Mar. 2024 was ﷼2,101 Mil. Hence, Etihad Etisalat Co JSC's Days Inventory for the three months ended in Mar. 2024 was 7.52.

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

SAU:7020' s Days Inventory Range Over the Past 10 Years
Min: 5.36   Med: 6.87   Max: 43.76
Current: 9.06

During the past 13 years, Etihad Etisalat Co JSC's highest Days Inventory was 43.76. The lowest was 5.36. And the median was 6.87.

SAU:7020's Days Inventory is ranked better than
76.61% of 295 companies
in the Telecommunication Services industry
Industry Median: 19.11 vs SAU:7020: 9.06

Etihad Etisalat Co JSC's Days Inventory declined from Mar. 2023 (8.87) to Mar. 2024 (7.52).

Inventory Turnover measures how fast the company turns over its inventory within a year. Etihad Etisalat Co JSC's Inventory Turnover for the three months ended in Mar. 2024 was 12.13.

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. Etihad Etisalat Co JSC's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.04.


Etihad Etisalat Co JSC Days Inventory Historical Data

The historical data trend for Etihad Etisalat Co JSC'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.

Etihad Etisalat Co JSC Days Inventory Chart

Etihad Etisalat Co JSC 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 5.62 5.51 5.36 6.24 6.49

Etihad Etisalat Co JSC 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 8.87 11.19 9.55 7.05 7.52

Competitive Comparison of Etihad Etisalat Co JSC's Days Inventory

For the Telecom Services subindustry, Etihad Etisalat Co JSC'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.


Etihad Etisalat Co JSC's Days Inventory Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Etihad Etisalat Co JSC's Days Inventory falls into.



Etihad Etisalat Co JSC Days Inventory Calculation

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

Etihad Etisalat Co JSC'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
=( (109.047 + 150.761) / 2 ) / 7310.788*365
=129.904 / 7310.788*365
=6.49

Etihad Etisalat Co JSC'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
=( (150.761 + 195.549) / 2 ) / 2100.525*365 / 4
=173.155 / 2100.525*365 / 4
=7.52

* 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.


Etihad Etisalat Co JSC  (SAU:7020) 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.

Etihad Etisalat Co JSC'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.

Etihad Etisalat Co JSC'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.


Etihad Etisalat Co JSC Days Inventory Related Terms

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


Etihad Etisalat Co JSC (SAU:7020) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 23088, Riyadh, SAU, 11321
Etihad Etisalat Co JSC operates in the telecom sector. The company also manages, installs and operates telephone networks, terminals, and telecommunication unit systems, as well as to sell and maintain mobile phones and telecommunication units in the Kingdom of Saudi Arabia. The company provides integrated services for three main sectors; individuals, businesses, and carriers. All of the company's operations are principally conducted in the Kingdom of Saudi Arabia.

Etihad Etisalat Co JSC (SAU:7020) Headlines

No Headlines