The Israel (The Israel) Days Inventory : 128.98 (As of Mar. 2024)

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What is The Israel Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). The Israel's Average Total Inventories for the three months ended in Mar. 2024 was $1,667 Mil. The Israel's Cost of Goods Sold for the three months ended in Mar. 2024 was $1,179 Mil. Hence, The Israel's Days Inventory for the three months ended in Mar. 2024 was 128.98.

The historical rank and industry rank for The Israel's Days Inventory or its related term are showing as below:

IRLCF' s Days Inventory Range Over the Past 10 Years
Min: 118.34 Med: 133.09 Max: 143.82
Current: 140.24

During the past 13 years, The Israel's highest Days Inventory was 143.82. The lowest was 118.34. And the median was 133.09.

IRLCF's Days Inventory is ranked worse than
77.2% of 1487 companies
in the Chemicals industry
Industry Median: 81.73 vs IRLCF: 140.24

The Israel's Days Inventory declined from Mar. 2023 (152.56) to Mar. 2024 (128.98).

Inventory Turnover measures how fast the company turns over its inventory within a year. The Israel's Inventory Turnover for the three months ended in Mar. 2024 was 0.71.

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. The Israel's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.96.

The Israel Days Inventory Historical Data

The historical data trend for The Israel'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.

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The Israel Days Inventory Chart

The Israel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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137.28

131.41

118.34

135.52

143.82

The Israel Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															152.56	158.04	133.19	138.17	128.98

Competitive Comparison of The Israel's Days Inventory

For the Specialty Chemicals subindustry, The Israel'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.

The Israel's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, The Israel's Days Inventory distribution charts can be found below:

* The bar in red indicates where The Israel's Days Inventory falls into.

The Israel Days Inventory Calculation

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

The Israel'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
=	( (2134	+	1703)	/	2 )	/	4869	*	365
=	1918.5					/	4869	*	365
=	143.82

The Israel's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1703	+	1630)	/	2 )	/	1179	*	365 / 4
=	1666.5					/	1179	*	365 / 4
=	128.98

The Israel (OTCPK:IRLCF) 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.

The Israel's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1179	/	1666.5
	=	0.71

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.

The Israel's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1666.5	/	1735
	=	0.96

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.

The Israel Days Inventory Related Terms

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

The Israel (The Israel) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » The Israel Corp Ltd (OTCPK:IRLCF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

ILCO:Israel

Address

23 Aranha Street, P.O. Box 20456, Millennium Tower, Tel Aviv, ISR, 61204

Website

http://www.israelcorp.com

The Israel Corp Ltd is a holding company that provides focused exposure to mature assets in the natural resources industry. Operations are conducted through two affiliates: Israel Chemicals and the Bazan Group. It generates maximum revenue from the Israel Chemicals segment. Geographically, it derives a majority of revenue from Israel and also has a presence in Europe; North America; Asia; South America and other countries.