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Fire & Gas Detection Technologies (XTAE:FGAS) Days Inventory : 379.08 (As of Dec. 2024)


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What is Fire & Gas Detection Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Fire & Gas Detection Technologies's Average Total Inventories for the six months ended in Dec. 2024 was ₪26.30 Mil. Fire & Gas Detection Technologies's Cost of Goods Sold for the six months ended in Dec. 2024 was ₪12.66 Mil. Hence, Fire & Gas Detection Technologies's Days Inventory for the six months ended in Dec. 2024 was 379.08.

The historical rank and industry rank for Fire & Gas Detection Technologies's Days Inventory or its related term are showing as below:

XTAE:FGAS' s Days Inventory Range Over the Past 10 Years
Min: 292.52   Med: 434.77   Max: 783.99
Current: 424.25

During the past 7 years, Fire & Gas Detection Technologies's highest Days Inventory was 783.99. The lowest was 292.52. And the median was 434.77.

XTAE:FGAS's Days Inventory is ranked worse than
97.29% of 702 companies
in the Oil & Gas industry
Industry Median: 32.565 vs XTAE:FGAS: 424.25

Fire & Gas Detection Technologies's Days Inventory declined from Dec. 2023 (467.36) to Dec. 2024 (379.08).

Inventory Turnover measures how fast the company turns over its inventory within a year. Fire & Gas Detection Technologies's Inventory Turnover for the six months ended in Dec. 2024 was 0.48.

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. Fire & Gas Detection Technologies's Inventory-to-Revenue for the six months ended in Dec. 2024 was 1.35.


Fire & Gas Detection Technologies Days Inventory Historical Data

The historical data trend for Fire & Gas Detection Technologies'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.

Fire & Gas Detection Technologies Days Inventory Chart

Fire & Gas Detection Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial 783.92 629.25 468.96 434.77 419.52

Fire & Gas Detection Technologies Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 422.72 409.73 467.36 494.21 379.08

Competitive Comparison of Fire & Gas Detection Technologies's Days Inventory

For the Oil & Gas Equipment & Services subindustry, Fire & Gas Detection Technologies'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.


Fire & Gas Detection Technologies's Days Inventory Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Fire & Gas Detection Technologies's Days Inventory falls into.


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Fire & Gas Detection Technologies Days Inventory Calculation

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

Fire & Gas Detection Technologies's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (22.569 + 26.985) / 2 ) / 21.557*365
=24.777 / 21.557*365
=419.52

Fire & Gas Detection Technologies's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (25.612 + 26.985) / 2 ) / 12.661*365 / 2
=26.2985 / 12.661*365 / 2
=379.08

* 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.


Fire & Gas Detection Technologies  (XTAE:FGAS) 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.

Fire & Gas Detection Technologies's Inventory Turnover for the six months ended in Dec. 2024 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.

Fire & Gas Detection Technologies's Inventory to Revenue for the six months ended in Dec. 2024 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.


Fire & Gas Detection Technologies Days Inventory Related Terms

Thank you for viewing the detailed overview of Fire & Gas Detection Technologies's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Fire & Gas Detection Technologies Business Description

Traded in Other Exchanges
N/A
Address
Kibbutz Bror Hayil, Ashkelon Beach, Ashkelon, ISR, 693709
Fire & Gas Detection Technologies Ltd is engaged in the business of providing flame detection systems to the Oil & Gas industry.

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