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Rami Levi Chain Stores Hashikma Marketing 2006 (XTAE:RMLI) Days Inventory : 21.40 (As of Dec. 2023)


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What is Rami Levi Chain Stores Hashikma Marketing 2006 Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Rami Levi Chain Stores Hashikma Marketing 2006's Average Total Inventories for the three months ended in Dec. 2023 was ₪316 Mil. Rami Levi Chain Stores Hashikma Marketing 2006's Cost of Goods Sold for the three months ended in Dec. 2023 was ₪1,348 Mil. Hence, Rami Levi Chain Stores Hashikma Marketing 2006's Days Inventory for the three months ended in Dec. 2023 was 21.40.

The historical rank and industry rank for Rami Levi Chain Stores Hashikma Marketing 2006's Days Inventory or its related term are showing as below:

XTAE:RMLI' s Days Inventory Range Over the Past 10 Years
Min: 19.69   Med: 24.92   Max: 28.64
Current: 20.83

During the past 13 years, Rami Levi Chain Stores Hashikma Marketing 2006's highest Days Inventory was 28.64. The lowest was 19.69. And the median was 24.92.

XTAE:RMLI's Days Inventory is ranked better than
75.83% of 302 companies
in the Retail - Defensive industry
Industry Median: 36.205 vs XTAE:RMLI: 20.83

Rami Levi Chain Stores Hashikma Marketing 2006's Days Inventory increased from Dec. 2022 (20.39) to Dec. 2023 (21.40). It might indicate that Rami Levi Chain Stores Hashikma Marketing 2006's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rami Levi Chain Stores Hashikma Marketing 2006's Inventory Turnover for the three months ended in Dec. 2023 was 4.26.

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. Rami Levi Chain Stores Hashikma Marketing 2006's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.18.


Rami Levi Chain Stores Hashikma Marketing 2006 Days Inventory Historical Data

The historical data trend for Rami Levi Chain Stores Hashikma Marketing 2006'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.

* Premium members only.

Rami Levi Chain Stores Hashikma Marketing 2006 Days Inventory Chart

Rami Levi Chain Stores Hashikma Marketing 2006 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.01 25.06 22.99 19.69 19.94

Rami Levi Chain Stores Hashikma Marketing 2006 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.39 21.91 21.87 19.02 21.40

Competitive Comparison of Rami Levi Chain Stores Hashikma Marketing 2006's Days Inventory

For the Grocery Stores subindustry, Rami Levi Chain Stores Hashikma Marketing 2006'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.


Rami Levi Chain Stores Hashikma Marketing 2006's Days Inventory Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Rami Levi Chain Stores Hashikma Marketing 2006's Days Inventory distribution charts can be found below:

* The bar in red indicates where Rami Levi Chain Stores Hashikma Marketing 2006's Days Inventory falls into.



Rami Levi Chain Stores Hashikma Marketing 2006 Days Inventory Calculation

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

Rami Levi Chain Stores Hashikma Marketing 2006'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
=( (285.334 + 318.782) / 2 ) / 5528.625*365
=302.058 / 5528.625*365
=19.94

Rami Levi Chain Stores Hashikma Marketing 2006'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
=( (313.405 + 318.782) / 2 ) / 1347.601*365 / 4
=316.0935 / 1347.601*365 / 4
=21.40

* 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.


Rami Levi Chain Stores Hashikma Marketing 2006  (XTAE:RMLI) 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.

Rami Levi Chain Stores Hashikma Marketing 2006's Inventory Turnover for the three months ended in Dec. 2023 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.

Rami Levi Chain Stores Hashikma Marketing 2006's Inventory to Revenue for the three months 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.


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.


Rami Levi Chain Stores Hashikma Marketing 2006 Days Inventory Related Terms

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Rami Levi Chain Stores Hashikma Marketing 2006 (XTAE:RMLI) Business Description

Traded in Other Exchanges
Address
15 Hauman Street, Jerusalem, ISR, 91520
Rami Levi Chain Stores Hashikma Marketing 2006 Ltd is an operator of clothing and food retail stores. The company is based in Israel and generates the entirety of its revenue domestically. The company operates a chain of supermarkets as well as discount clothing and discount shoe stores. The company markets its own products under the brand names The Motag as well as Remi Levi Shivuk Hashikma. In addition, the company operates a real estate development branch, engages in wholesale distribution activities and provides mobile phone services through its subsidiary, Rami Levi Communications.

Rami Levi Chain Stores Hashikma Marketing 2006 (XTAE:RMLI) Headlines

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