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Aamal Company Gulf International Services 2018 (QAR) 2019 (QAR) 2018 (QAR) 2019 (QAR) Cost of goods sold 819,355,799 860,103,578 2,115,216,000 2,604,708,000 Inventory 171,478,952 163,980,453 216,289,000

Aamal Company

Gulf International Services

2018 (QAR)

2019 (QAR)

2018 (QAR)

2019 (QAR)

Cost of goods sold

819,355,799

860,103,578

2,115,216,000

2,604,708,000

Inventory

171,478,952

163,980,453

216,289,000

215,491,000

Account receivable

405,154,154

413,063,705

599,842,000

766,322,000

Annual sales (Net Sales)

1,286,551,774

1,294,116,605

2,519,180,000

3,010,812,000

Account payable

353,914,426

400,469,842

579,358,000

841,857,000

Total assets

9,046,154,697

9,020,633,852

10,342,904,000

10,766,866,000

Ratio Calculations

1. Inventory Turnover

4.78

5.25

9.78

12.09

2. Average Age of Inventory

76.39

69.59

37.32

30.20

3. Average Collection Period

114.94

116.50

86.91

92.90

4. Total Assets Turnover

0.14

0.14

0.24

0.28

Required : Your recommendation

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