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Hagag Group Real Estate Development (XTAE:HGG) Days Inventory : 676.39 (As of Dec. 2023)


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What is Hagag Group Real Estate Development Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hagag Group Real Estate Development's Average Total Inventories for the three months ended in Dec. 2023 was ₪2,000.4 Mil. Hagag Group Real Estate Development's Cost of Goods Sold for the three months ended in Dec. 2023 was ₪269.9 Mil. Hence, Hagag Group Real Estate Development's Days Inventory for the three months ended in Dec. 2023 was 676.39.

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

XTAE:HGG' s Days Inventory Range Over the Past 10 Years
Min: 868.76   Med: 2865.62   Max: 65870.23
Current: 1984.01

During the past 11 years, Hagag Group Real Estate Development's highest Days Inventory was 65870.23. The lowest was 868.76. And the median was 2865.62.

XTAE:HGG's Days Inventory is ranked worse than
79.2% of 1327 companies
in the Real Estate industry
Industry Median: 697.68 vs XTAE:HGG: 1984.01

Hagag Group Real Estate Development's Days Inventory declined from Dec. 2022 (3,337.58) to Dec. 2023 (676.39).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hagag Group Real Estate Development's Inventory Turnover for the three months ended in Dec. 2023 was 0.13.

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. Hagag Group Real Estate Development's Inventory-to-Revenue for the three months ended in Dec. 2023 was 4.91.


Hagag Group Real Estate Development Days Inventory Historical Data

The historical data trend for Hagag Group Real Estate Development'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.

Hagag Group Real Estate Development Days Inventory Chart

Hagag Group Real Estate Development 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 3,242.46 2,558.52 3,229.86 3,411.85 1,933.61

Hagag Group Real Estate Development 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 3,337.58 5,883.92 5,229.16 6,493.26 676.39

Competitive Comparison of Hagag Group Real Estate Development's Days Inventory

For the Real Estate Services subindustry, Hagag Group Real Estate Development'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.


Hagag Group Real Estate Development's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hagag Group Real Estate Development's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hagag Group Real Estate Development's Days Inventory falls into.



Hagag Group Real Estate Development Days Inventory Calculation

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

Hagag Group Real Estate Development'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
=( (1900.063 + 1944.568) / 2 ) / 362.868*365
=1922.3155 / 362.868*365
=1,933.61

Hagag Group Real Estate Development'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
=( (2056.277 + 1944.568) / 2 ) / 269.871*365 / 4
=2000.4225 / 269.871*365 / 4
=676.39

* 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.


Hagag Group Real Estate Development  (XTAE:HGG) 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.

Hagag Group Real Estate Development'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.

Hagag Group Real Estate Development'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.


Hagag Group Real Estate Development Days Inventory Related Terms

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


Hagag Group Real Estate Development (XTAE:HGG) Business Description

Traded in Other Exchanges
N/A
Address
30 Ha'arba'a Street, Ha'arba'a Towers (Southern Tower), Tel Aviv, ISR, 67021
Hagag Group Real Estate Development Ltd. is engaged in the development, management and marketing of residential and commercial real estates. The company's projects include North Star - Meir Yaari 11, Master Piece - Netanya, Port TLV, H - Shadal, H-Tower Recital, Ha'gush Ha'gadol Einstein BLVD and H Bar Kohva Tower.

Hagag Group Real Estate Development (XTAE:HGG) Headlines

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