El-Mor Electric Installation & Services (1986) (XTAE:ELMR) Inventory Turnover : 15.08 (As of Sep. 2023)

View and export this data going back to 2017. Start your Free Trial

What is El-Mor Electric Installation & Services (1986) 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. El-Mor Electric Installation & Services (1986)'s Cost of Goods Sold for the three months ended in Sep. 2023 was ₪145.3 Mil. El-Mor Electric Installation & Services (1986)'s Average Total Inventories for the quarter that ended in Sep. 2023 was ₪9.6 Mil. El-Mor Electric Installation & Services (1986)'s Inventory Turnover for the quarter that ended in Sep. 2023 was 15.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. El-Mor Electric Installation & Services (1986)'s Days Inventory for the three months ended in Sep. 2023 was 6.05.

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. El-Mor Electric Installation & Services (1986)'s Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.06.

El-Mor Electric Installation & Services (1986) Inventory Turnover Historical Data

The historical data trend for El-Mor Electric Installation & Services (1986)'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.

* Premium members only.

El-Mor Electric Installation & Services (1986) Inventory Turnover Chart

El-Mor Electric Installation & Services (1986) Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

Get a 7-Day Free Trial

36.23

43.00

60.86

42.15

48.29

El-Mor Electric Installation & Services (1986) Quarterly Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial								-	11.99	11.64	13.20	15.08

El-Mor Electric Installation & Services (1986) Inventory Turnover Calculation

El-Mor Electric Installation & Services (1986)'s Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	394.287	/ (	(7.22	+	9.11)	/	2 )
=	394.287	/	8.165
=	48.29

El-Mor Electric Installation & Services (1986)'s Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	145.273	/ (	(10.56	+	8.705)	/	2 )
=	145.273	/	9.6325
=	15.08

El-Mor Electric Installation & Services (1986) (XTAE:ELMR) 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.

El-Mor Electric Installation & Services (1986)'s Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	9.6325	/	145.273	*	365 / 4
	=	6.05

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.

El-Mor Electric Installation & Services (1986)'s Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	9.6325	/	173.723
	=	0.06

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.

El-Mor Electric Installation & Services (1986) Inventory Turnover Related Terms

Thank you for viewing the detailed overview of El-Mor Electric Installation & Services (1986)'s Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

El-Mor Electric Installation & Services (1986) (XTAE:ELMR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » El-Mor Electric Installation & Services (1986) Ltd (XTAE:ELMR) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Hotzot Haytozer Street, Ashkelon, ISR

Website

http://www.el-mor.co.il

El-Mor Electric Installation & Services (1986) Ltd builds electricity projects and deals in energy, infrastructure and communications sectors through subsidiaries.It has branches in Lod, Kfar Saba and Ashkelon. It has electricity and air-conditioning projects in a variety of fields such as power plants, renewable and solar energy, industry, telecom, high-tech, commercial and public buildings, military and defense facilities, electrical and telecom infrastructure, and street lighting.

El-Mor Electric Installation & Services (1986) (XTAE:ELMR) Headlines

No Headlines