GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dor Alon Energy In Israel (XTAE:DRAL) » Definitions » Days Inventory

Dor Alon Energy In Israel (XTAE:DRAL) Days Inventory : 14.73 (As of Dec. 2023)


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

What is Dor Alon Energy In Israel Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dor Alon Energy In Israel's Average Total Inventories for the three months ended in Dec. 2023 was ₪233 Mil. Dor Alon Energy In Israel's Cost of Goods Sold for the three months ended in Dec. 2023 was ₪1,445 Mil. Hence, Dor Alon Energy In Israel's Days Inventory for the three months ended in Dec. 2023 was 14.73.

The historical rank and industry rank for Dor Alon Energy In Israel's Days Inventory or its related term are showing as below:

XTAE:DRAL' s Days Inventory Range Over the Past 10 Years
Min: 10.54   Med: 13.08   Max: 23.98
Current: 12.79

During the past 13 years, Dor Alon Energy In Israel's highest Days Inventory was 23.98. The lowest was 10.54. And the median was 13.08.

XTAE:DRAL's Days Inventory is ranked better than
74.79% of 730 companies
in the Oil & Gas industry
Industry Median: 31.94 vs XTAE:DRAL: 12.79

Dor Alon Energy In Israel's Days Inventory increased from Dec. 2022 (10.88) to Dec. 2023 (14.73). It might indicate that Dor Alon Energy In Israel's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dor Alon Energy In Israel's Inventory Turnover for the three months ended in Dec. 2023 was 6.20.

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. Dor Alon Energy In Israel's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.14.


Dor Alon Energy In Israel Days Inventory Historical Data

The historical data trend for Dor Alon Energy In Israel'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.

Dor Alon Energy In Israel Days Inventory Chart

Dor Alon Energy In Israel 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 15.20 23.98 16.01 10.54 12.91

Dor Alon Energy In Israel 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 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 10.88 12.86 12.39 11.41 14.73

Competitive Comparison of Dor Alon Energy In Israel's Days Inventory

For the Oil & Gas Refining & Marketing subindustry, Dor Alon Energy In Israel'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.


Dor Alon Energy In Israel's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dor Alon Energy In Israel's Days Inventory distribution charts can be found below:

* The bar in red indicates where Dor Alon Energy In Israel's Days Inventory falls into.



Dor Alon Energy In Israel Days Inventory Calculation

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

Dor Alon Energy In Israel'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
=( (230.705 + 219.755) / 2 ) / 6366.851*365
=225.23 / 6366.851*365
=12.91

Dor Alon Energy In Israel'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
=( (246.604 + 219.755) / 2 ) / 1444.571*365 / 4
=233.1795 / 1444.571*365 / 4
=14.73

* 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.


Dor Alon Energy In Israel  (XTAE:DRAL) 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.

Dor Alon Energy In Israel'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.

Dor Alon Energy In Israel'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.


Dor Alon Energy In Israel Days Inventory Related Terms

Thank you for viewing the detailed overview of Dor Alon Energy In Israel's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Dor Alon Energy In Israel (XTAE:DRAL) Business Description

Traded in Other Exchanges
N/A
Address
France Building, Europark, P.O. Box 1, Yakum, ISR, 60972
Dor Alon Energy In Israel markets fuel and lubricants for all sector of the economy, industry, agriculture and the institutional sectors. Its products and services include Speedomat, Diesel Refueling Center, Fuel Supply, Lubricants, Home Heating, and Jet Fuel. The company distributes its products to more than 70 countries.

Dor Alon Energy In Israel (XTAE:DRAL) Headlines

No Headlines