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Shagrir Group Vehicle Services (Shagrir Group Vehicle Services) Days Inventory : 34.65 (As of Dec. 2023)


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What is Shagrir Group Vehicle Services Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shagrir Group Vehicle Services's Average Total Inventories for the three months ended in Dec. 2023 was $7.15 Mil. Shagrir Group Vehicle Services's Cost of Goods Sold for the three months ended in Dec. 2023 was $18.82 Mil. Hence, Shagrir Group Vehicle Services's Days Inventory for the three months ended in Dec. 2023 was 34.65.

The historical rank and industry rank for Shagrir Group Vehicle Services's Days Inventory or its related term are showing as below:

SRRPF' s Days Inventory Range Over the Past 10 Years
Min: 1.19   Med: 1.74   Max: 52.31
Current: 52.31

During the past 10 years, Shagrir Group Vehicle Services's highest Days Inventory was 52.31. The lowest was 1.19. And the median was 1.74.

SRRPF's Days Inventory is ranked worse than
60% of 680 companies
in the Business Services industry
Industry Median: 29.67 vs SRRPF: 52.31

Shagrir Group Vehicle Services's Days Inventory declined from Sep. 2022 (35.63) to Dec. 2023 (34.65).

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. Shagrir Group Vehicle Services's Inventory Turnover for the three months ended in Dec. 2023 was 2.63.

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. Shagrir Group Vehicle Services's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.29.


Shagrir Group Vehicle Services Days Inventory Historical Data

The historical data trend for Shagrir Group Vehicle Services'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.

Shagrir Group Vehicle Services Days Inventory Chart

Shagrir Group Vehicle Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.67 1.88 15.35 35.40 39.46

Shagrir Group Vehicle Services Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.63 42.13 44.36 39.39 34.65

Competitive Comparison of Shagrir Group Vehicle Services's Days Inventory

For the Specialty Business Services subindustry, Shagrir Group Vehicle Services'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.


Shagrir Group Vehicle Services's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Shagrir Group Vehicle Services's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shagrir Group Vehicle Services's Days Inventory falls into.



Shagrir Group Vehicle Services Days Inventory Calculation

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

Shagrir Group Vehicle Services'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
=( (8.226 + 6.851) / 2 ) / 69.739*365
=7.5385 / 69.739*365
=39.46

Shagrir Group Vehicle Services'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
=( (7.441 + 6.851) / 2 ) / 18.821*365 / 4
=7.146 / 18.821*365 / 4
=34.65

* 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.


Shagrir Group Vehicle Services  (OTCPK:SRRPF) 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.

Shagrir Group Vehicle Services's Inventory Turnover for the three months ended in Dec. 2023 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.

Shagrir Group Vehicle Services's Inventory to Revenue for the three months ended in Dec. 2023 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.


Shagrir Group Vehicle Services Days Inventory Related Terms

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


Shagrir Group Vehicle Services (Shagrir Group Vehicle Services) Business Description

Traded in Other Exchanges
Address
8 Hanefach Street, Holon, ISR, 58117018
Shagrir Group Vehicle Services Ltd provides roadside automobile security assistance services as well as towing services. Its services are road services, towing, vehicle replacement and alternative radio services. The company provided 24/7 service to private subscribers, leasing and rental companies, and institutions fleets.

Shagrir Group Vehicle Services (Shagrir Group Vehicle Services) Headlines

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