GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Inrom Construction Industries Ltd (XTAE:INRM) » Definitions » Days Inventory

Inrom Construction Industries (XTAE:INRM) Days Inventory : 90.10 (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Inrom Construction Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Inrom Construction Industries's Average Total Inventories for the three months ended in Mar. 2024 was ₪138.3 Mil. Inrom Construction Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₪140.1 Mil. Hence, Inrom Construction Industries's Days Inventory for the three months ended in Mar. 2024 was 90.10.

The historical rank and industry rank for Inrom Construction Industries's Days Inventory or its related term are showing as below:

XTAE:INRM' s Days Inventory Range Over the Past 10 Years
Min: 56.85   Med: 63.5   Max: 78.65
Current: 78.65

During the past 11 years, Inrom Construction Industries's highest Days Inventory was 78.65. The lowest was 56.85. And the median was 63.50.

XTAE:INRM's Days Inventory is ranked better than
54.03% of 372 companies
in the Building Materials industry
Industry Median: 83.96 vs XTAE:INRM: 78.65

Inrom Construction Industries's Days Inventory increased from Mar. 2023 (74.12) to Mar. 2024 (90.10). It might indicate that Inrom Construction Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Inrom Construction Industries's Inventory Turnover for the three months ended in Mar. 2024 was 1.01.

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. Inrom Construction Industries's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.74.


Inrom Construction Industries Days Inventory Historical Data

The historical data trend for Inrom Construction Industries'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.

Inrom Construction Industries Days Inventory Chart

Inrom Construction Industries 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 64.61 64.67 61.11 69.46 75.51

Inrom Construction Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 74.12 71.78 60.48 110.37 90.10

Competitive Comparison of Inrom Construction Industries's Days Inventory

For the Building Materials subindustry, Inrom Construction Industries'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.


Inrom Construction Industries's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Inrom Construction Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Inrom Construction Industries's Days Inventory falls into.



Inrom Construction Industries Days Inventory Calculation

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

Inrom Construction Industries'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
=( (170.447 + 137.171) / 2 ) / 743.455*365
=153.809 / 743.455*365
=75.51

Inrom Construction Industries's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (137.171 + 139.468) / 2 ) / 140.087*365 / 4
=138.3195 / 140.087*365 / 4
=90.10

* 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.


Inrom Construction Industries  (XTAE:INRM) 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.

Inrom Construction Industries's Inventory Turnover for the three months ended in Mar. 2024 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.

Inrom Construction Industries's Inventory to Revenue for the three months ended in Mar. 2024 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.


Inrom Construction Industries Days Inventory Related Terms

Thank you for viewing the detailed overview of Inrom Construction Industries's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Inrom Construction Industries (XTAE:INRM) Business Description

Traded in Other Exchanges
N/A
Address
Golan Street, Beit Golan, Airport City, ISR
Inrom Construction Industries Ltd is an Israel-based company engaged in the construction sector. The company offers varieties of products and solutions for the construction and renovation industries, for industrial and other uses. It operates through three businesses. The construction solutions business operates, manufactures and markets flooring solutions, environment and landscape and others. Its construction finishing product business offers mortar products for flooring, plaster and special salts and other complementary products including sealants, coatings, and bonding materials. The color products business provides paint products for interior and exterior, decorative colors for special designs, various coatings and more.

Inrom Construction Industries (XTAE:INRM) Headlines

No Headlines