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Neto Malinda Trading (XTAE:NTML) Days Inventory : 50.12 (As of Dec. 2023)


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What is Neto Malinda Trading Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Neto Malinda Trading's Average Total Inventories for the three months ended in Dec. 2023 was ₪490 Mil. Neto Malinda Trading's Cost of Goods Sold for the three months ended in Dec. 2023 was ₪893 Mil. Hence, Neto Malinda Trading's Days Inventory for the three months ended in Dec. 2023 was 50.12.

The historical rank and industry rank for Neto Malinda Trading's Days Inventory or its related term are showing as below:

XTAE:NTML' s Days Inventory Range Over the Past 10 Years
Min: 40.16   Med: 45.34   Max: 59.68
Current: 43.17

During the past 10 years, Neto Malinda Trading's highest Days Inventory was 59.68. The lowest was 40.16. And the median was 45.34.

XTAE:NTML's Days Inventory is ranked better than
81.3% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 82.33 vs XTAE:NTML: 43.17

Neto Malinda Trading's Days Inventory increased from Dec. 2022 (49.89) to Dec. 2023 (50.12). It might indicate that Neto Malinda Trading's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Neto Malinda Trading's Inventory Turnover for the three months ended in Dec. 2023 was 1.82.

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. Neto Malinda Trading's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.49.


Neto Malinda Trading Days Inventory Historical Data

The historical data trend for Neto Malinda Trading'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.

Neto Malinda Trading Days Inventory Chart

Neto Malinda Trading Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.12 45.34 40.16 44.53 41.97

Neto Malinda Trading 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 49.89 40.76 42.06 40.75 50.12

Competitive Comparison of Neto Malinda Trading's Days Inventory

For the Packaged Foods subindustry, Neto Malinda Trading'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.


Neto Malinda Trading's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Neto Malinda Trading's Days Inventory distribution charts can be found below:

* The bar in red indicates where Neto Malinda Trading's Days Inventory falls into.



Neto Malinda Trading Days Inventory Calculation

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

Neto Malinda Trading's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (397.503 + 452.209) / 2 ) / 3694.768*365
=424.856 / 3694.768*365
=41.97

Neto Malinda Trading'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
=( (515.718 + 464.638) / 2 ) / 892.514*365 / 4
=490.178 / 892.514*365 / 4
=50.12

* 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.


Neto Malinda Trading  (XTAE:NTML) 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.

Neto Malinda Trading'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.

Neto Malinda Trading'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.


Neto Malinda Trading Days Inventory Related Terms

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


Neto Malinda Trading (XTAE:NTML) Business Description

Traded in Other Exchanges
N/A
Address
5 Meir Ezra Street, P.O Box 655, Kiryat Malachi, ISR, 75864
Neto Malinda Trading Ltd is a food conglomerates in Israel. It operates in food processing sector. The Company imports and exports food products, produces fish products, imports canned goods and produces products under Williger brand. Its brands include Tibon Veal, Delidag, Williger, Three Bakers, Rich's, Bikorey Hasade Darom. It also owns and operates cold storage for frozen and chilled products.

Neto Malinda Trading (XTAE:NTML) Headlines

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