Tel Aviv Stock Exchange (XTAE:TASE) Days Inventory

: 0.00 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Tel Aviv Stock Exchange's Average Total Inventories for the three months ended in Dec. 2023 was ₪0.0 Mil. Tel Aviv Stock Exchange's Cost of Goods Sold for the three months ended in Dec. 2023 was ₪63.2 Mil. Hence, Tel Aviv Stock Exchange's Days Inventory for the three months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Tel Aviv Stock Exchange's Days Inventory or its related term are showing as below:

XTAE:TASE's Days Inventory is not ranked ^*
in the Capital Markets industry.
Industry Median: 58.365
* Ranked among companies with meaningful Days Inventory only.

Tel Aviv Stock Exchange's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

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

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. Tel Aviv Stock Exchange's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

Tel Aviv Stock Exchange Days Inventory Historical Data

The historical data trend for Tel Aviv Stock Exchange'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.

Tel Aviv Stock Exchange Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Tel Aviv Stock Exchange Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory																-	-	-	-	-

Competitive Comparison

For the Financial Data & Stock Exchanges subindustry, Tel Aviv Stock Exchange'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.

Tel Aviv Stock Exchange Days Inventory Distribution

For the Capital Markets industry and Financial Services sector, Tel Aviv Stock Exchange's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tel Aviv Stock Exchange's Days Inventory falls into.

Tel Aviv Stock Exchange Days Inventory Calculation

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

Tel Aviv Stock Exchange'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
=	( (0	+	0)	/	1 )	/	210.714	*	365
=	0					/	210.714	*	365
=	0.00

Tel Aviv Stock Exchange'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
=	( (0	+	0)	/	1 )	/	63.196	*	365 / 4
=	0					/	63.196	*	365 / 4
=	0.00

Tel Aviv Stock Exchange (XTAE:TASE) 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.

Tel Aviv Stock Exchange's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	63.196	/	0
	=

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.

Tel Aviv Stock Exchange's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	101.448
	=	0.00

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.

Tel Aviv Stock Exchange Days Inventory Related Terms

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

Tel Aviv Stock Exchange (XTAE:TASE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Tel Aviv Stock Exchange Ltd (XTAE:TASE) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

TVAVF:USA

Address

2 Ahuzat Bayit Street, Tel Aviv, ISR, 6525216

Website

https://www.tase.co.il

Tel Aviv Stock Exchange Ltd is engaged in managing a securities stock exchange and in related activities. The company deals in securities, indices, derivative market, securities listing, research, statistics, and others.

Tel Aviv Stock Exchange (XTAE:TASE) Headlines

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