Delek Group (Delek Group) Days Inventory : 34.98 (As of Dec. 2023)

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What is Delek Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Delek Group's Average Total Inventories for the three months ended in Dec. 2023 was $187 Mil. Delek Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $487 Mil. Hence, Delek Group's Days Inventory for the three months ended in Dec. 2023 was 34.98.

The historical rank and industry rank for Delek Group's Days Inventory or its related term are showing as below:

DLKGF' s Days Inventory Range Over the Past 10 Years
Min: 17.91 Med: 40.69 Max: 87.78
Current: 41.18

During the past 13 years, Delek Group's highest Days Inventory was 87.78. The lowest was 17.91. And the median was 40.69.

DLKGF's Days Inventory is ranked worse than
59.32% of 730 companies
in the Oil & Gas industry
Industry Median: 31.41 vs DLKGF: 41.18

Delek Group's Days Inventory declined from Dec. 2022 (39.53) to Dec. 2023 (34.98).

Inventory Turnover measures how fast the company turns over its inventory within a year. Delek Group's Inventory Turnover for the three months ended in Dec. 2023 was 2.61.

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. Delek Group's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.23.

Delek Group Days Inventory Historical Data

The historical data trend for Delek Group'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.

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Delek Group Days Inventory Chart

Delek Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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74.79

42.32

44.58

41.24

40.14

Delek Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															39.53	47.76	44.42	41.66	34.98

Competitive Comparison of Delek Group's Days Inventory

For the Oil & Gas E&P subindustry, Delek Group'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.

Delek Group's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Delek Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Delek Group's Days Inventory falls into.

Delek Group Days Inventory Calculation

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

Delek Group'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
=	( (163.495	+	178.478)	/	2 )	/	1554.781	*	365
=	170.9865					/	1554.781	*	365
=	40.14

Delek Group'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (194.775	+	178.478)	/	2 )	/	486.805	*	365 / 4
=	186.6265					/	486.805	*	365 / 4
=	34.98

Delek Group (OTCPK:DLKGF) 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.

Delek Group's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	486.805	/	186.6265
	=	2.61

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.

Delek Group's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	186.6265	/	819.841
	=	0.23

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.

Delek Group Days Inventory Related Terms

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

Delek Group (Delek Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Delek Group Ltd (OTCPK:DLKGF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

DELKY:USA DLEKG:Israel 6D40:Germany

Address

19 Abba Eban Boulevard, P.O. Box 2054, Herzliya, ISR, 4612001

Website

https://www.delek-group.com

Delek Group Ltd operates in the oil and natural gas exploration, development, production and marketing sector in Israel and abroad. through investees. The operating segments of the company are, 1) Energy in Israel segment includes the development, production and sale of natural gas in the existing oil assets of the Partnership, and oil and natural gas exploration in the Mediterranean Sea, 2) the Foreign energy segment includes projects of the UK continental shelf in the North sea region through Ithaca Energy plc which is controlled indirectly by the company and 3) additional operations. The company operates primarily in Israel and North Sea region.