Max Stock (XTAE:MAXO) Days Inventory : 79.55 (As of Mar. 2024)

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What is Max Stock Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Max Stock's Average Total Inventories for the three months ended in Mar. 2024 was ₪158 Mil. Max Stock's Cost of Goods Sold for the three months ended in Mar. 2024 was ₪181 Mil. Hence, Max Stock's Days Inventory for the three months ended in Mar. 2024 was 79.55.

The historical rank and industry rank for Max Stock's Days Inventory or its related term are showing as below:

XTAE:MAXO' s Days Inventory Range Over the Past 10 Years
Min: 64.32 Med: 79.31 Max: 107.97
Current: 85.64

During the past 7 years, Max Stock's highest Days Inventory was 107.97. The lowest was 64.32. And the median was 79.31.

XTAE:MAXO's Days Inventory is ranked better than
60.41% of 1071 companies
in the Retail - Cyclical industry
Industry Median: 109.96 vs XTAE:MAXO: 85.64

Max Stock's Days Inventory declined from Mar. 2023 (89.92) to Mar. 2024 (79.55).

Inventory Turnover measures how fast the company turns over its inventory within a year. Max Stock's Inventory Turnover for the three months ended in Mar. 2024 was 1.15.

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. Max Stock's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.50.

Max Stock Days Inventory Historical Data

The historical data trend for Max Stock'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.

Max Stock Days Inventory Chart

Max Stock Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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72.42

64.32

104.22

107.97

85.22

Max Stock 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															89.92	98.11	76.16	85.89	79.55

Competitive Comparison of Max Stock's Days Inventory

For the Department Stores subindustry, Max Stock'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.

Max Stock's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Max Stock's Days Inventory distribution charts can be found below:

* The bar in red indicates where Max Stock's Days Inventory falls into.

Max Stock Days Inventory Calculation

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

Max Stock'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
=	( (159.354	+	144.582)	/	2 )	/	650.917	*	365
=	151.968					/	650.917	*	365
=	85.22

Max Stock'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
=	( (144.582	+	170.45)	/	2 )	/	180.678	*	365 / 4
=	157.516					/	180.678	*	365 / 4
=	79.55

Max Stock (XTAE:MAXO) 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.

Max Stock's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	180.678	/	157.516
	=	1.15

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.

Max Stock's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	157.516	/	313.219
	=	0.50

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.

Max Stock Days Inventory Related Terms

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

Max Stock (XTAE:MAXO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Max Stock Ltd (XTAE:MAXO) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

71 Khalutzei HaTa'a'ssiya Street, Admirality Center, Haifa, ISR

Website

https://www.maxstock.co.il

Max Stock Ltd operates a chain of departmental stores. The stores offer school supplies, tools and hardware, clothing items, toys, plasticware, gifts and accessories, baking utensils, furniture, home decor items, and other products.

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