El-Mor Electric Installation & Services (1986) (XTAE:ELMR) Days Inventory : 6.05 (As of Sep. 2023)

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What is El-Mor Electric Installation & Services (1986) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). El-Mor Electric Installation & Services (1986)'s Average Total Inventories for the three months ended in Sep. 2023 was ₪9.6 Mil. El-Mor Electric Installation & Services (1986)'s Cost of Goods Sold for the three months ended in Sep. 2023 was ₪145.3 Mil. Hence, El-Mor Electric Installation & Services (1986)'s Days Inventory for the three months ended in Sep. 2023 was 6.05.

The historical rank and industry rank for El-Mor Electric Installation & Services (1986)'s Days Inventory or its related term are showing as below:

XTAE:ELMR' s Days Inventory Range Over the Past 10 Years
Min: 6 Med: 8.28 Max: 10.07
Current: 6.96

During the past 7 years, El-Mor Electric Installation & Services (1986)'s highest Days Inventory was 10.07. The lowest was 6.00. And the median was 8.28.

XTAE:ELMR's Days Inventory is ranked better than
82.22% of 1395 companies
in the Construction industry
Industry Median: 48.56 vs XTAE:ELMR: 6.96

El-Mor Electric Installation & Services (1986)'s Days Inventory increased from Sep. 2022 (0.00) to Sep. 2023 (6.05). It might indicate that El-Mor Electric Installation & Services (1986)'s sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. El-Mor Electric Installation & Services (1986)'s Inventory Turnover for the three months ended in Sep. 2023 was 15.08.

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. El-Mor Electric Installation & Services (1986)'s Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.06.

El-Mor Electric Installation & Services (1986) Days Inventory Historical Data

The historical data trend for El-Mor Electric Installation & Services (1986)'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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El-Mor Electric Installation & Services (1986) Days Inventory Chart

El-Mor Electric Installation & Services (1986) Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

Get a 7-Day Free Trial

10.07

8.49

6.00

8.66

7.56

El-Mor Electric Installation & Services (1986) Quarterly Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial								-	7.61	7.84	6.92	6.05

Competitive Comparison of El-Mor Electric Installation & Services (1986)'s Days Inventory

For the Engineering & Construction subindustry, El-Mor Electric Installation & Services (1986)'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.

El-Mor Electric Installation & Services (1986)'s Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, El-Mor Electric Installation & Services (1986)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where El-Mor Electric Installation & Services (1986)'s Days Inventory falls into.

El-Mor Electric Installation & Services (1986) Days Inventory Calculation

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

El-Mor Electric Installation & Services (1986)'s Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (7.22	+	9.11)	/	2 )	/	394.287	*	365
=	8.165					/	394.287	*	365
=	7.56

El-Mor Electric Installation & Services (1986)'s Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (10.56	+	8.705)	/	2 )	/	145.273	*	365 / 4
=	9.6325					/	145.273	*	365 / 4
=	6.05

El-Mor Electric Installation & Services (1986) (XTAE:ELMR) 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.

El-Mor Electric Installation & Services (1986)'s Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	145.273	/	9.6325
	=	15.08

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.

El-Mor Electric Installation & Services (1986)'s Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	9.6325	/	173.723
	=	0.06

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.

El-Mor Electric Installation & Services (1986) Days Inventory Related Terms

Thank you for viewing the detailed overview of El-Mor Electric Installation & Services (1986)'s Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

El-Mor Electric Installation & Services (1986) (XTAE:ELMR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » El-Mor Electric Installation & Services (1986) Ltd (XTAE:ELMR) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Hotzot Haytozer Street, Ashkelon, ISR

Website

http://www.el-mor.co.il

El-Mor Electric Installation & Services (1986) Ltd builds electricity projects and deals in energy, infrastructure and communications sectors through subsidiaries.It has branches in Lod, Kfar Saba and Ashkelon. It has electricity and air-conditioning projects in a variety of fields such as power plants, renewable and solar energy, industry, telecom, high-tech, commercial and public buildings, military and defense facilities, electrical and telecom infrastructure, and street lighting.

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