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Multi Retail Group (XTAE:MRG) Days Inventory : 128.95 (As of Dec. 2023)


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What is Multi Retail Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Multi Retail Group's Average Total Inventories for the three months ended in Dec. 2023 was ₪129.3 Mil. Multi Retail Group's Cost of Goods Sold for the three months ended in Dec. 2023 was ₪91.5 Mil. Hence, Multi Retail Group's Days Inventory for the three months ended in Dec. 2023 was 128.95.

The historical rank and industry rank for Multi Retail Group's Days Inventory or its related term are showing as below:

XTAE:MRG' s Days Inventory Range Over the Past 10 Years
Min: 83.69   Med: 104.7   Max: 132.43
Current: 131.72

During the past 7 years, Multi Retail Group's highest Days Inventory was 132.43. The lowest was 83.69. And the median was 104.70.

XTAE:MRG's Days Inventory is ranked worse than
58.49% of 1072 companies
in the Retail - Cyclical industry
Industry Median: 108.69 vs XTAE:MRG: 131.72

Multi Retail Group's Days Inventory increased from Dec. 2022 (128.69) to Dec. 2023 (128.95). It might indicate that Multi Retail Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Multi Retail Group's Inventory Turnover for the three months ended in Dec. 2023 was 0.71.

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. Multi Retail Group's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.74.


Multi Retail Group Days Inventory Historical Data

The historical data trend for Multi Retail Group'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.

Multi Retail Group Days Inventory Chart

Multi Retail Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 95.24 83.69 114.15 132.43 123.50

Multi Retail Group Quarterly Data
Dec17 Dec18 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 128.69 150.92 143.48 115.81 128.95

Competitive Comparison of Multi Retail Group's Days Inventory

For the Home Improvement Retail subindustry, Multi Retail Group'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.


Multi Retail Group's Days Inventory Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Multi Retail Group's Days Inventory falls into.



Multi Retail Group Days Inventory Calculation

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

Multi Retail Group'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
=( (145.537 + 120.356) / 2 ) / 392.907*365
=132.9465 / 392.907*365
=123.50

Multi Retail Group'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
=( (138.274 + 120.356) / 2 ) / 91.509*365 / 4
=129.315 / 91.509*365 / 4
=128.95

* 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.


Multi Retail Group  (XTAE:MRG) 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.

Multi Retail Group'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.

Multi Retail Group'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.


Multi Retail Group Days Inventory Related Terms

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


Multi Retail Group (XTAE:MRG) Business Description

Traded in Other Exchanges
N/A
Address
Moshe Levy 11, Rishon LeTsiyon, ISR, 756828
Multi Retail Group Ltd is a retail marketing chain of Home, Garden, and Car products. It offers Furniture, Electricity and Lighting, Bath and plumbing, Home maintenance, and Rugs among others.

Multi Retail Group (XTAE:MRG) Headlines

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