Arabian Food Industries Co (DOMTY) (CAI:DOMT) Inventory Turnover : 1.36 (As of Jun. 2024)

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What is Arabian Food Industries Co (DOMTY) Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Arabian Food Industries Co (DOMTY)'s Cost of Goods Sold for the three months ended in Jun. 2024 was E£1,572 Mil. Arabian Food Industries Co (DOMTY)'s Average Total Inventories for the quarter that ended in Jun. 2024 was E£1,157 Mil. Arabian Food Industries Co (DOMTY)'s Inventory Turnover for the quarter that ended in Jun. 2024 was 1.36.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Arabian Food Industries Co (DOMTY)'s Days Inventory for the three months ended in Jun. 2024 was 67.14.

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. Arabian Food Industries Co (DOMTY)'s Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.56.

Arabian Food Industries Co (DOMTY) Inventory Turnover Historical Data

The historical data trend for Arabian Food Industries Co (DOMTY)'s Inventory Turnover 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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Arabian Food Industries Co (DOMTY) Inventory Turnover Chart

Arabian Food Industries Co (DOMTY) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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6.71

7.71

6.51

7.27

8.08

Arabian Food Industries Co (DOMTY) Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Inventory Turnover	Get a 7-Day Free Trial															1.59	2.24	2.40	1.76	1.36

Arabian Food Industries Co (DOMTY) Inventory Turnover Calculation

Arabian Food Industries Co (DOMTY)'s Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	5924.735	/ (	(572.087	+	894.982)	/	2 )
=	5924.735	/	733.5345
=	8.08

Arabian Food Industries Co (DOMTY)'s Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	1572.325	/ (	(1139.386	+	1174.474)	/	2 )
=	1572.325	/	1156.93
=	1.36

Arabian Food Industries Co (DOMTY) (CAI:DOMT) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Arabian Food Industries Co (DOMTY)'s Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	1156.93	/	1572.325	*	365 / 4
	=	67.14

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.

Arabian Food Industries Co (DOMTY)'s Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	1156.93	/	2064.395
	=	0.56

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Arabian Food Industries Co (DOMTY) Inventory Turnover Related Terms

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Arabian Food Industries Co (DOMTY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Arabian Food Industries Co (DOMTY) (CAI:DOMT) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

32 c Taha Hussein Street, PO Box 245, Orman, Giza, EGY

Website

https://www.domty.org

Arabian Food Industries Co (DOMTY) is engaged in manufacturing all types of dairy and food products. It operates in three segments namely, Dairy products, Bakery products, and Juice products. Maximum revenue is generated by the Dairy products segment. Geographically, the majority of revenue is derived from the local market. The main activities are to manufacture all types of dairy and food products, reclamation and cultivation, the establishment of feed factories, dairy farms, cow breeding and all food industries, production and sale of cheese products, production and sale of juice products, & production and sale of baked goods.

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