Days Inventory is also known as Days Sales of Inventory (DSI). Tabreed PJSC's Average Total Inventories for the
three
months ended in Mar. 2024 was د.إ70 Mil. Tabreed PJSC's Cost of Goods Sold for the
three
months ended in Mar. 2024 was د.إ230 Mil.
Hence, Tabreed PJSC's Days Inventory for the
three
months ended in Mar. 2024 was 27.89.
The historical rank and industry rank for Tabreed PJSC's Days Inventory or its related term are showing as below:
DFM:TABREED'
s Days Inventory Range Over the Past 10 Years
Min: 15.24 Med: 16.61 Max: 24.03
Current: 18.55
During the past 13 years, Tabreed PJSC's highest Days Inventory was 24.03. The lowest was 15.24. And the median was 16.61.
DFM:TABREED's Days Inventory is ranked better than 59.22% of 461
companies
in the Utilities - Regulated industry
Industry Median: 23.51
vs DFM:TABREED: 18.55
Tabreed PJSC's Days Inventory
increased
from Mar. 2023 (25.76) to Mar. 2024 (27.89).
It might indicate that Tabreed PJSC's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Tabreed PJSC's Inventory Turnover for the
three
months ended in Mar. 2024 was 3.27.
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.
Tabreed PJSC's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.15.
Tabreed PJSC Days Inventory Historical Data
The historical data trend for Tabreed 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.
Competitive Comparison of Tabreed PJSC's Days Inventory
For the Utilities - Regulated Water subindustry, Tabreed 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.
Tabreed PJSC's Days Inventory Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Tabreed PJSC's Days Inventory distribution charts can be found below:
* The bar in red indicates where Tabreed PJSC's Days Inventory falls into.
Tabreed PJSC Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Tabreed PJSC's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Tabreed PJSC (DFM:TABREED) 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.
Tabreed PJSC'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.
Tabreed PJSC'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.
Tabreed PJSC Days Inventory Related Terms
Thank you for viewing the detailed overview of Tabreed PJSC's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Tabreed PJSC is engaged in to supply of chilled water, operation, and maintenance of plants, construction of secondary networks, manufacturing of pre-insulated pipes, and design and supervision consultancy. The company has two reportable operating segments. The chilled water segment constructs, owns, assembles, installs, operates, and maintains cooling and conditioning systems, and the Value chain business segment is involved in ancillary activities relating to the expansion of the group's chilled water business. The company generates key revenue from Chilled water.
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