Amir Marketing & Investments In Agriculture (XTAE:AMRK) Days Inventory : 43.55 (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Amir Marketing & Investments In Agriculture Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Amir Marketing & Investments In Agriculture's Average Total Inventories for the three months ended in Dec. 2023 was ₪118 Mil. Amir Marketing & Investments In Agriculture's Cost of Goods Sold for the three months ended in Dec. 2023 was ₪247 Mil. Hence, Amir Marketing & Investments In Agriculture's Days Inventory for the three months ended in Dec. 2023 was 43.55.

The historical rank and industry rank for Amir Marketing & Investments In Agriculture's Days Inventory or its related term are showing as below:

XTAE:AMRK' s Days Inventory Range Over the Past 10 Years
Min: 12.84 Med: 33.35 Max: 42.16
Current: 42.16

During the past 11 years, Amir Marketing & Investments In Agriculture's highest Days Inventory was 42.16. The lowest was 12.84. And the median was 33.35.

XTAE:AMRK's Days Inventory is ranked better than
89.96% of 229 companies
in the Agriculture industry
Industry Median: 111.36 vs XTAE:AMRK: 42.16

Amir Marketing & Investments In Agriculture's Days Inventory increased from Dec. 2022 (42.93) to Dec. 2023 (43.55). It might indicate that Amir Marketing & Investments In Agriculture's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Amir Marketing & Investments In Agriculture's Inventory Turnover for the three months ended in Dec. 2023 was 2.10.

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. Amir Marketing & Investments In Agriculture's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.40.

Amir Marketing & Investments In Agriculture Days Inventory Historical Data

The historical data trend for Amir Marketing & Investments In Agriculture'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.

Amir Marketing & Investments In Agriculture Days Inventory Chart

Amir Marketing & Investments In Agriculture Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

37.60

36.93

34.25

38.49

40.78

Amir Marketing & Investments In Agriculture Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															42.93	46.35	38.15	42.95	43.55

Competitive Comparison of Amir Marketing & Investments In Agriculture's Days Inventory

For the Agricultural Inputs subindustry, Amir Marketing & Investments In Agriculture'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.

Amir Marketing & Investments In Agriculture's Days Inventory Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Amir Marketing & Investments In Agriculture's Days Inventory distribution charts can be found below:

* The bar in red indicates where Amir Marketing & Investments In Agriculture's Days Inventory falls into.

Amir Marketing & Investments In Agriculture Days Inventory Calculation

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

Amir Marketing & Investments In Agriculture'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
=	( (122.726	+	115.203)	/	2 )	/	1064.864	*	365
=	118.9645					/	1064.864	*	365
=	40.78

Amir Marketing & Investments In Agriculture'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
=	( (120.134	+	115.203)	/	2 )	/	246.531	*	365 / 4
=	117.6685					/	246.531	*	365 / 4
=	43.55

Amir Marketing & Investments In Agriculture (XTAE:AMRK) 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.

Amir Marketing & Investments In Agriculture's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	246.531	/	117.6685
	=	2.10

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.

Amir Marketing & Investments In Agriculture's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	117.6685	/	294.768
	=	0.40

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.

Amir Marketing & Investments In Agriculture Days Inventory Related Terms

Thank you for viewing the detailed overview of Amir Marketing & Investments In Agriculture's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Amir Marketing & Investments In Agriculture (XTAE:AMRK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Amir Marketing & Investments In Agriculture Ltd (XTAE:AMRK) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Emek Hefer Industrial Park, Deer creek, Hefer, ISR, 38777

Website

http://www.amir-agricul.co.il

Amir Marketing & Investments In Agriculture Ltd markets and supplies agricultural products such as pesticides, insecticide, fertilizers, packages, technical equipment's, covers for the hothouses, pruning shears & other tools and irrigation equipment's. The company is also engaged in food mixtures for animals goats, sheeps, chickens, goose and more. Approximately 60% of the company's clients is private farmers and others are traders and private company.