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Cofix Group (XTAE:CFX) Days Inventory : 22.43 (As of Sep. 2024)


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What is Cofix Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cofix Group's Average Total Inventories for the three months ended in Sep. 2024 was ₪13.1 Mil. Cofix Group's Cost of Goods Sold for the three months ended in Sep. 2024 was ₪53.4 Mil. Hence, Cofix Group's Days Inventory for the three months ended in Sep. 2024 was 22.43.

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

XTAE:CFX' s Days Inventory Range Over the Past 10 Years
Min: 19.45   Med: 20.11   Max: 24.05
Current: 22.4

During the past 8 years, Cofix Group's highest Days Inventory was 24.05. The lowest was 19.45. And the median was 20.11.

XTAE:CFX's Days Inventory is ranked worse than
64.33% of 328 companies
in the Restaurants industry
Industry Median: 14.965 vs XTAE:CFX: 22.40

Cofix Group's Days Inventory declined from Sep. 2023 (22.54) to Sep. 2024 (22.43).

Inventory Turnover measures how fast the company turns over its inventory within a year. Cofix Group's Inventory Turnover for the three months ended in Sep. 2024 was 4.07.

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. Cofix Group's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.17.


Cofix Group Days Inventory Historical Data

The historical data trend for Cofix Group'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.

Cofix Group Days Inventory Chart

Cofix Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 19.45 19.57 22.34 24.05 22.32

Cofix Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 22.54 21.32 23.15 23.31 22.43

Competitive Comparison of Cofix Group's Days Inventory

For the Restaurants subindustry, Cofix Group'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.


Cofix Group's Days Inventory Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Cofix Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Cofix Group's Days Inventory falls into.



Cofix Group Days Inventory Calculation

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

Cofix Group'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
=( (14.147 + 13.031) / 2 ) / 222.186*365
=13.589 / 222.186*365
=22.32

Cofix Group's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (12.507 + 13.728) / 2 ) / 53.365*365 / 4
=13.1175 / 53.365*365 / 4
=22.43

* 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.


Cofix Group  (XTAE:CFX) 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.

Cofix Group's Inventory Turnover for the three months ended in Sep. 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.

Cofix Group's Inventory to Revenue for the three months ended in Sep. 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.


Cofix Group Days Inventory Related Terms

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


Cofix Group Business Description

Traded in Other Exchanges
N/A
Address
Zarchin 10, Ra'anana, ISR, 4366238
Cofix Group Ltd is a Israel based company. It operates and franchises coffee shops, supermarkets, and bars in Israel. It has more than hundred branches.

Cofix Group Headlines

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