Delek Group (Delek Group) Total Inventories : $177 Mil (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Delek Group Total Inventories?

Delek Group's total inventories for the quarter that ended in Dec. 2023 was $177 Mil. Delek Group's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $185 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Delek Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-439.17.

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 three months ended in Dec. 2023 was 34.98.

Inventory Turnover measures how fast the company turns over its inventory within a year. Delek Group's Inventory Turnover for the quarter that 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 quarter that ended in Dec. 2023 was 0.23.

Delek Group Total Inventories Historical Data

The historical data trend for Delek Group's Total Inventories 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.

Delek Group Total Inventories Chart

Delek Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

124.62

89.62

144.22

162.51

177.40

Delek Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Inventories	Get a 7-Day Free Trial															162.51	170.09	168.26	193.60	177.40

Delek Group Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Delek Group (OTCPK:DLKGF) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Delek Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(417.766	+	0.75 * 441.803	+	0.5 * 177.4	-	7552.192
-	0	-	1413.717)	/	18.5077
=	-439.17

2. 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 three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	185.4995	/	483.867	*	365 / 4
	=	34.98

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

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

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	483.867	/	185.4995
	=	2.61

4. 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 quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	185.4995	/	814.893
	=	0.23

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Delek Group Total Inventories Related Terms

Thank you for viewing the detailed overview of Delek Group's Total Inventories 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 » Total Inventories

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.