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Fujairah Building Industries PJSC (ADX:FBI) Days Inventory : 149.30 (As of Dec. 2023)


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What is Fujairah Building Industries PJSC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fujairah Building Industries PJSC's Average Total Inventories for the six months ended in Dec. 2023 was د.إ47.0 Mil. Fujairah Building Industries PJSC's Cost of Goods Sold for the six months ended in Dec. 2023 was د.إ114.9 Mil. Hence, Fujairah Building Industries PJSC's Days Inventory for the six months ended in Dec. 2023 was 74.65.

The historical rank and industry rank for Fujairah Building Industries PJSC's Days Inventory or its related term are showing as below:

ADX:FBI' s Days Inventory Range Over the Past 10 Years
Min: 107.38   Med: 143.18   Max: 206.93
Current: 149.3

During the past 13 years, Fujairah Building Industries PJSC's highest Days Inventory was 206.93. The lowest was 107.38. And the median was 143.18.

ADX:FBI's Days Inventory is ranked worse than
81.1% of 1455 companies
in the Construction industry
Industry Median: 47.67 vs ADX:FBI: 149.30

Fujairah Building Industries PJSC's Days Inventory increased from Dec. 2021 (131.97) to Dec. 2023 (149.30). It might indicate that Fujairah Building Industries PJSC's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fujairah Building Industries PJSC's Inventory Turnover for the six months ended in Dec. 2023 was 2.44.

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. Fujairah Building Industries PJSC's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.26.

Fujairah Building Industries PJSC Days Inventory Historical Data

The historical data trend for Fujairah Building Industries PJSC'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.

Fujairah Building Industries PJSC Days Inventory Chart

Fujairah Building Industries PJSC 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 114.19 137.47 131.97 132.79 149.30

Fujairah Building Industries PJSC Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 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 114.19 137.47 131.97 132.79 149.30

Competitive Comparison of Fujairah Building Industries PJSC's Days Inventory

For the Building Products & Equipment subindustry, Fujairah Building Industries PJSC'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.

Fujairah Building Industries PJSC's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Fujairah Building Industries PJSC's Days Inventory distribution charts can be found below:

* The bar in red indicates where Fujairah Building Industries PJSC's Days Inventory falls into.


Fujairah Building Industries PJSC Days Inventory Calculation

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

Fujairah Building Industries PJSC'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
=( (44.049 + 49.949) / 2 ) / 114.898*365
=46.999 / 114.898*365
=149.30

Fujairah Building Industries PJSC'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: Dec. 2022 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (44.049 + 49.949) / 2 ) / 114.898*365 / 2
=46.999 / 114.898*365 / 2
=74.65

* 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.

Fujairah Building Industries PJSC  (ADX:FBI) 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.

Fujairah Building Industries PJSC's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=114.898 / 46.999
=2.44

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.

Fujairah Building Industries PJSC's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=46.999 / 179.381
=0.26

* 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.

Fujairah Building Industries PJSC Days Inventory Related Terms

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

Fujairah Building Industries PJSC Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Fujairah Building Industries PJSC (ADX:FBI) » Definitions » Days Inventory
Comparable Companies
DFM:DSI ADX:ESG TT CARR JCI XPAR:SGO TSE:6367 LII XSWX:GEBN CSL BLDR MAS OC DUB:KRX AAON WMS FBIN XSWX:BEAN OSTO:NIBE B OCSE:ROCK A
Traded in Other Exchanges
N/A
Address
Al Hayl Industrial Area, P.O. Box 383, Fujairah, ARE
Website
https://www.fujfbi.ae
Fujairah Building Industries PJSC is engaged in the construction sector. The products of the company are Concrete products, Rockwool products, Quarry products, and Marbles and tiles. Geographically, the company derives maximum revenue from UAE.

Fujairah Building Industries PJSC Headlines

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