Automax Motors (XTAE:AMX) Days Inventory : 419.35 (As of Mar. 2024)

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What is Automax Motors Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Automax Motors's Average Total Inventories for the three months ended in Mar. 2024 was ₪433 Mil. Automax Motors's Cost of Goods Sold for the three months ended in Mar. 2024 was ₪94 Mil. Hence, Automax Motors's Days Inventory for the three months ended in Mar. 2024 was 419.35.

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

XTAE:AMX' s Days Inventory Range Over the Past 10 Years
Min: 69.89 Med: 102 Max: 166.57
Current: 72.54

During the past 13 years, Automax Motors's highest Days Inventory was 166.57. The lowest was 69.89. And the median was 102.00.

XTAE:AMX's Days Inventory is ranked better than
57.21% of 1262 companies
in the Vehicles & Parts industry
Industry Median: 81.845 vs XTAE:AMX: 72.54

Automax Motors's Days Inventory declined from Mar. 2023 (429.40) to Mar. 2024 (419.35).

Inventory Turnover measures how fast the company turns over its inventory within a year. Automax Motors's Inventory Turnover for the three months ended in Mar. 2024 was 0.22.

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. Automax Motors's Inventory-to-Revenue for the three months ended in Mar. 2024 was 4.03.

Automax Motors Days Inventory Historical Data

The historical data trend for Automax Motors'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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Automax Motors Days Inventory Chart

Automax Motors Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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89.42

69.89

114.57

166.57

Automax Motors Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															429.40	198.80	187.04	34.43	419.35

Competitive Comparison of Automax Motors's Days Inventory

For the Auto & Truck Dealerships subindustry, Automax Motors'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.

Automax Motors's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Automax Motors's Days Inventory distribution charts can be found below:

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

Automax Motors Days Inventory Calculation

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

Automax Motors'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
=	( (623.265	+	697.179)	/	2 )	/	1446.729	*	365
=	660.222					/	1446.729	*	365
=	166.57

Automax Motors'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
=	( (697.179	+	169.216)	/	2 )	/	94.263	*	365 / 4
=	433.1975					/	94.263	*	365 / 4
=	419.35

Automax Motors (XTAE:AMX) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	94.263	/	433.1975
	=	0.22

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	433.1975	/	107.405
	=	4.03

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.

Automax Motors Days Inventory Related Terms

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