SATX (SatixFy Communications) Days Inventory : 23.06 (As of Dec. 2024)

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What is SatixFy Communications Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SatixFy Communications's Average Total Inventories for the three months ended in Dec. 2024 was $1.51 Mil. SatixFy Communications's Cost of Goods Sold for the three months ended in Dec. 2024 was $5.97 Mil. Hence, SatixFy Communications's Days Inventory for the three months ended in Dec. 2024 was 23.06.

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

SATX' s Days Inventory Range Over the Past 10 Years
Min: 28.07 Med: 61.51 Max: 80.51
Current: 70.17

During the past 5 years, SatixFy Communications's highest Days Inventory was 80.51. The lowest was 28.07. And the median was 61.51.

SATX's Days Inventory is ranked better than
66.71% of 2388 companies
in the Hardware industry
Industry Median: 96.475 vs SATX: 70.17

SatixFy Communications's Days Inventory declined from Dec. 2023 (72.11) to Dec. 2024 (23.06).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. SatixFy Communications's Inventory Turnover for the three months ended in Dec. 2024 was 3.96.

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. SatixFy Communications's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.12.

SatixFy Communications Days Inventory Historical Data

The historical data trend for SatixFy Communications'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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SatixFy Communications Days Inventory Chart

SatixFy Communications Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

80.51

28.07

61.51

70.87

60.40

SatixFy Communications Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial									72.11	436.27	129.46	208.64	23.06

Competitive Comparison of SatixFy Communications's Days Inventory

For the Communication Equipment subindustry, SatixFy Communications'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.

SatixFy Communications's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, SatixFy Communications's Days Inventory distribution charts can be found below:

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

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SatixFy Communications Days Inventory Calculation

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

SatixFy Communications'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
=	( (1.475	+	1.279)	/	2 )	/	8.321	*	365
=	1.377					/	8.321	*	365
=	60.40

SatixFy Communications'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: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (1.737	+	1.279)	/	2 )	/	5.967	*	365 / 4
=	1.508					/	5.967	*	365 / 4
=	23.06

SatixFy Communications (AMEX:SATX) 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.

SatixFy Communications's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5.967	/	1.508
	=	3.96

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.

SatixFy Communications's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.508	/	12.141
	=	0.12

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.

SatixFy Communications Days Inventory Related Terms

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

SatixFy Communications Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » SatixFy Communications Ltd (AMEX:SATX) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 Hamada Street, Rehovot, ISR, 670315

Website

https://www.satixfy.com

SatixFy Communications Ltd is engaged in developing end-to-end next-generation satellite communication systems. This includes satellite payloads, user terminals, and modems, which are built on powerful in-house designed chipsets. Their products feature modems equipped with Software Defined Radio and Fully Electronically Steered Multi Beam Antennas that support the entire DVB-RCS2 / DVB-S2X industry standards as well as a complete SDR for any other waveform. The company has a geographical presence in the U.S. & Canada, the UK, and Other countries, with the majority of its revenue generated from the U.S. and Canada.