Hiron-Trade Investments & Industrial Buildings (XTAE:HRON) Days Inventory : 88.89 (As of Dec. 2024)

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What is Hiron-Trade Investments & Industrial Buildings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hiron-Trade Investments & Industrial Buildings's Average Total Inventories for the three months ended in Dec. 2024 was ₪11.6 Mil. Hiron-Trade Investments & Industrial Buildings's Cost of Goods Sold for the three months ended in Dec. 2024 was ₪11.9 Mil. Hence, Hiron-Trade Investments & Industrial Buildings's Days Inventory for the three months ended in Dec. 2024 was 88.89.

The historical rank and industry rank for Hiron-Trade Investments & Industrial Buildings's Days Inventory or its related term are showing as below:

XTAE:HRON' s Days Inventory Range Over the Past 10 Years
Min: 54.5 Med: 62.71 Max: 95.66
Current: 81.46

During the past 12 years, Hiron-Trade Investments & Industrial Buildings's highest Days Inventory was 95.66. The lowest was 54.50. And the median was 62.71.

XTAE:HRON's Days Inventory is ranked better than
82.32% of 1312 companies
in the Real Estate industry
Industry Median: 709.03 vs XTAE:HRON: 81.46

Hiron-Trade Investments & Industrial Buildings's Days Inventory declined from Dec. 2023 (94.43) to Dec. 2024 (88.89).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hiron-Trade Investments & Industrial Buildings's Inventory Turnover for the three months ended in Dec. 2024 was 1.03.

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. Hiron-Trade Investments & Industrial Buildings's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.35.

Hiron-Trade Investments & Industrial Buildings Days Inventory Historical Data

The historical data trend for Hiron-Trade Investments & Industrial Buildings'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.

Hiron-Trade Investments & Industrial Buildings Days Inventory Chart

Hiron-Trade Investments & Industrial Buildings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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59.79

62.91

70.19

92.77

95.66

Hiron-Trade Investments & Industrial Buildings Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															94.43	93.74	59.05	71.82	88.89

Competitive Comparison of Hiron-Trade Investments & Industrial Buildings's Days Inventory

For the Real Estate - Development subindustry, Hiron-Trade Investments & Industrial Buildings'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.

Hiron-Trade Investments & Industrial Buildings's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hiron-Trade Investments & Industrial Buildings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hiron-Trade Investments & Industrial Buildings's Days Inventory falls into.

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Hiron-Trade Investments & Industrial Buildings Days Inventory Calculation

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

Hiron-Trade Investments & Industrial Buildings's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (10.1	+	12)	/	2 )	/	42.164	*	365
=	11.05					/	42.164	*	365
=	95.66

Hiron-Trade Investments & Industrial Buildings's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (11.1	+	12)	/	2 )	/	11.856	*	365 / 4
=	11.55					/	11.856	*	365 / 4
=	88.89

Hiron-Trade Investments & Industrial Buildings (XTAE:HRON) 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.

Hiron-Trade Investments & Industrial Buildings's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	11.856	/	11.55
	=	1.03

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.

Hiron-Trade Investments & Industrial Buildings's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	11.55	/	33.109
	=	0.35

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.

Hiron-Trade Investments & Industrial Buildings Days Inventory Related Terms

Thank you for viewing the detailed overview of Hiron-Trade Investments & Industrial Buildings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Hiron-Trade Investments & Industrial Buildings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hiron-Trade Investments & Industrial Buildings Ltd (XTAE:HRON) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

20 Ben Zvi Street, Tel Aviv, Jaffa, ISR, 68162

Website

Hiron-Trade Investments & Industrial Buildings Ltd is engaged in real estate operations, import and export of wood, furniture, hardware, and decorative items. It also engages in providing money lending services.

Hiron-Trade Investments & Industrial Buildings Headlines

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