Electra Power (2019) (XTAE:ELCP) Days Inventory : 23.76 (As of Jun. 2024)

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What is Electra Power (2019) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Electra Power (2019)'s Average Total Inventories for the three months ended in Jun. 2024 was ₪38.5 Mil. Electra Power (2019)'s Cost of Goods Sold for the three months ended in Jun. 2024 was ₪147.8 Mil. Hence, Electra Power (2019)'s Days Inventory for the three months ended in Jun. 2024 was 23.76.

The historical rank and industry rank for Electra Power (2019)'s Days Inventory or its related term are showing as below:

XTAE:ELCP' s Days Inventory Range Over the Past 10 Years
Min: 25.82 Med: 33.08 Max: 39.84
Current: 25.82

During the past 7 years, Electra Power (2019)'s highest Days Inventory was 39.84. The lowest was 25.82. And the median was 33.08.

XTAE:ELCP's Days Inventory is ranked worse than
54.03% of 472 companies
in the Utilities - Regulated industry
Industry Median: 23.55 vs XTAE:ELCP: 25.82

Electra Power (2019)'s Days Inventory declined from Jun. 2023 (33.41) to Jun. 2024 (23.76).

Inventory Turnover measures how fast the company turns over its inventory within a year. Electra Power (2019)'s Inventory Turnover for the three months ended in Jun. 2024 was 3.84.

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. Electra Power (2019)'s Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.21.

Electra Power (2019) Days Inventory Historical Data

The historical data trend for Electra Power (2019)'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.

Electra Power (2019) Days Inventory Chart

Electra Power (2019) Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

36.60

33.65

32.50

27.03

28.10

Electra Power (2019) Quarterly Data
	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Inventory	Get a 7-Day Free Trial															33.41	30.59	26.86	22.07	23.76

Competitive Comparison of Electra Power (2019)'s Days Inventory

For the Utilities - Regulated Gas subindustry, Electra Power (2019)'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.

Electra Power (2019)'s Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Electra Power (2019)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Electra Power (2019)'s Days Inventory falls into.

Electra Power (2019) Days Inventory Calculation

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

Electra Power (2019)'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
=	( (46.416	+	38.144)	/	2 )	/	549.18	*	365
=	42.28					/	549.18	*	365
=	28.10

Electra Power (2019)'s Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

	Days Inventory (Q: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (38.116	+	38.86)	/	2 )	/	147.843	*	365 / 4
=	38.488					/	147.843	*	365 / 4
=	23.76

Electra Power (2019) (XTAE:ELCP) 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.

Electra Power (2019)'s Inventory Turnover for the three months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	147.843	/	38.488
	=	3.84

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.

Electra Power (2019)'s Inventory to Revenue for the three months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	38.488	/	186.723
	=	0.21

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.

Electra Power (2019) Days Inventory Related Terms

Thank you for viewing the detailed overview of Electra Power (2019)'s Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Electra Power (2019) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Electra Power (2019) Ltd (XTAE:ELCP) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

35 Yad Harutzim, Netanya, ISR

Website

https://www.supergasenergy.co.il

Electra Power (2019) Ltd is engaged in the supply of energy and electricity in Israel. The company offers energy solutions which include cooking gas, natural gas, solar energy, and charging stations for electric vehicles. Electra Power focuses on transferring power into the hands of the consumer and providing smart services and solutions.

Electra Power (2019) Headlines

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