Knowledge Tower Trading Co (SAU:9551) Days Inventory : 276.77 (As of Sep. 2023)

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What is Knowledge Tower Trading Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Knowledge Tower Trading Co's Average Total Inventories for the six months ended in Sep. 2023 was ﷼18.62 Mil. Knowledge Tower Trading Co's Cost of Goods Sold for the six months ended in Sep. 2023 was ﷼12.28 Mil. Hence, Knowledge Tower Trading Co's Days Inventory for the six months ended in Sep. 2023 was 276.77.

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

SAU:9551' s Days Inventory Range Over the Past 10 Years
Min: 364.5 Med: 457.07 Max: 662.4
Current: 385.61

During the past 3 years, Knowledge Tower Trading Co's highest Days Inventory was 662.40. The lowest was 364.50. And the median was 457.07.

SAU:9551's Days Inventory is ranked worse than
92.05% of 1069 companies
in the Retail - Cyclical industry
Industry Median: 110.7 vs SAU:9551: 385.61

Knowledge Tower Trading Co's Days Inventory declined from Sep. 2022 (302.58) to Sep. 2023 (276.77).

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. Knowledge Tower Trading Co's Inventory Turnover for the six months ended in Sep. 2023 was 0.66.

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. Knowledge Tower Trading Co's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.87.

Knowledge Tower Trading Co Days Inventory Historical Data

The historical data trend for Knowledge Tower Trading 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.

Knowledge Tower Trading Co Days Inventory Chart

Knowledge Tower Trading Co Annual Data

Trend

Mar21

Mar22

Mar23

Days Inventory

662.40

457.07

364.50

Knowledge Tower Trading Co Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial			224.15	4,825.39	302.58	619.91	276.77

Competitive Comparison of Knowledge Tower Trading Co's Days Inventory

For the Specialty Retail subindustry, Knowledge Tower Trading 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.

Knowledge Tower Trading Co's Days Inventory Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Knowledge Tower Trading Co's Days Inventory falls into.

Knowledge Tower Trading Co Days Inventory Calculation

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

Knowledge Tower Trading Co's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (17.107	+	18.62)	/	2 )	/	17.888	*	365
=	17.8635					/	17.888	*	365
=	364.50

Knowledge Tower Trading Co's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (18.62	+	0)	/	1 )	/	12.278	*	365 / 2
=	18.62					/	12.278	*	365 / 2
=	276.77

Knowledge Tower Trading Co (SAU:9551) 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.

Knowledge Tower Trading Co's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	12.278	/	18.62
	=	0.66

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.

Knowledge Tower Trading Co's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	18.62	/	21.419
	=	0.87

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.

Knowledge Tower Trading Co Days Inventory Related Terms

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

Knowledge Tower Trading Co (SAU:9551) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Knowledge Tower Trading Co (SAU:9551) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ibn Yaqout Al-Hamawi Road, Al-Muraikbat District, Dammam, SAU, 7222 -32253

Website

https://www.kntbook.com

Knowledge Tower Trading Co is engaged in marketing and selling educational books for schools, universities, training institutes, and government educational institutions, developing educational programs for schools, providing electronic educational platforms, providing modern educational resources for training, and designing educational models.

Knowledge Tower Trading Co (SAU:9551) Headlines

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