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Brimag Digital Age (XTAE:BRMG) Days Inventory : 133.41 (As of Mar. 2024)


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What is Brimag Digital Age Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Brimag Digital Age's Average Total Inventories for the three months ended in Mar. 2024 was ₪101.4 Mil. Brimag Digital Age's Cost of Goods Sold for the three months ended in Mar. 2024 was ₪69.3 Mil. Hence, Brimag Digital Age's Days Inventory for the three months ended in Mar. 2024 was 133.41.

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

XTAE:BRMG' s Days Inventory Range Over the Past 10 Years
Min: 106.73   Med: 126.12   Max: 152.02
Current: 152.02

During the past 10 years, Brimag Digital Age's highest Days Inventory was 152.02. The lowest was 106.73. And the median was 126.12.

XTAE:BRMG's Days Inventory is ranked worse than
69.17% of 2410 companies
in the Hardware industry
Industry Median: 101.695 vs XTAE:BRMG: 152.02

Brimag Digital Age's Days Inventory declined from Mar. 2023 (153.62) to Mar. 2024 (133.41).

Inventory Turnover measures how fast the company turns over its inventory within a year. Brimag Digital Age's Inventory Turnover for the three months ended in Mar. 2024 was 0.68.

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. Brimag Digital Age's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.11.


Brimag Digital Age Days Inventory Historical Data

The historical data trend for Brimag Digital Age'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.

Brimag Digital Age Days Inventory Chart

Brimag Digital Age 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 121.25 106.73 120.53 144.49 132.71

Brimag Digital Age 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 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 153.62 180.62 146.18 139.93 133.41

Competitive Comparison of Brimag Digital Age's Days Inventory

For the Electronics & Computer Distribution subindustry, Brimag Digital Age'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.


Brimag Digital Age's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Brimag Digital Age's Days Inventory distribution charts can be found below:

* The bar in red indicates where Brimag Digital Age's Days Inventory falls into.



Brimag Digital Age Days Inventory Calculation

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

Brimag Digital Age'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
=( (170.678 + 94.708) / 2 ) / 364.952*365
=132.693 / 364.952*365
=132.71

Brimag Digital Age'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
=( (94.708 + 108.05) / 2 ) / 69.34*365 / 4
=101.379 / 69.34*365 / 4
=133.41

* 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.


Brimag Digital Age  (XTAE:BRMG) 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.

Brimag Digital Age's Inventory Turnover for the three months ended in Mar. 2024 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.

Brimag Digital Age's Inventory to Revenue for the three months ended in Mar. 2024 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.


Brimag Digital Age Days Inventory Related Terms

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


Brimag Digital Age (XTAE:BRMG) Business Description

Traded in Other Exchanges
N/A
Address
19 Hashikma Street, Azur, ISR, 58001
Brimag Digital Age Ltd imports, markets, and distributes home appliances and consumer electronics. It also provides warranty and repair services. Its products include refrigerators and freezers, washers and dryers, and dishwashers, among others. It provides consulting services and professional guidance in the import of V-Zug Sub Zero and Wolf products. It also operates logistics center.

Brimag Digital Age (XTAE:BRMG) Headlines

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