Oron Group Investments & Holdings (XTAE:ORON) Days Inventory : 77.48 (As of Sep. 2024)

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What is Oron Group Investments & Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Oron Group Investments & Holdings's Average Total Inventories for the three months ended in Sep. 2024 was ₪405 Mil. Oron Group Investments & Holdings's Cost of Goods Sold for the three months ended in Sep. 2024 was ₪476 Mil. Hence, Oron Group Investments & Holdings's Days Inventory for the three months ended in Sep. 2024 was 77.48.

The historical rank and industry rank for Oron Group Investments & Holdings's Days Inventory or its related term are showing as below:

XTAE:ORON' s Days Inventory Range Over the Past 10 Years
Min: 111.79 Med: 142.19 Max: 198.38
Current: 111.79

During the past 8 years, Oron Group Investments & Holdings's highest Days Inventory was 198.38. The lowest was 111.79. And the median was 142.19.

XTAE:ORON's Days Inventory is ranked worse than
73.47% of 1455 companies
in the Construction industry
Industry Median: 47.67 vs XTAE:ORON: 111.79

Oron Group Investments & Holdings's Days Inventory declined from Sep. 2023 (133.39) to Sep. 2024 (77.48).

Inventory Turnover measures how fast the company turns over its inventory within a year. Oron Group Investments & Holdings's Inventory Turnover for the three months ended in Sep. 2024 was 1.18.

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. Oron Group Investments & Holdings's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.76.

Oron Group Investments & Holdings Days Inventory Historical Data

The historical data trend for Oron Group Investments & Holdings'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.

Oron Group Investments & Holdings Days Inventory Chart

Oron Group Investments & Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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134.62

178.68

198.38

165.74

138.02

Oron Group Investments & Holdings Quarterly Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial												133.39	131.23	137.50	116.78	77.48

Competitive Comparison of Oron Group Investments & Holdings's Days Inventory

For the Engineering & Construction subindustry, Oron Group Investments & Holdings'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.

Oron Group Investments & Holdings's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Oron Group Investments & Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Oron Group Investments & Holdings's Days Inventory falls into.

Oron Group Investments & Holdings Days Inventory Calculation

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

Oron Group Investments & Holdings'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
=	( (516.272	+	505.226)	/	2 )	/	1350.653	*	365
=	510.749					/	1350.653	*	365
=	138.02

Oron Group Investments & Holdings's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

	Days Inventory (Q: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (443.315	+	365.841)	/	2 )	/	476.461	*	365 / 4
=	404.578					/	476.461	*	365 / 4
=	77.48

Oron Group Investments & Holdings (XTAE:ORON) 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.

Oron Group Investments & Holdings's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	476.461	/	404.578
	=	1.18

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.

Oron Group Investments & Holdings's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	404.578	/	531.975
	=	0.76

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.

Oron Group Investments & Holdings Days Inventory Related Terms

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Oron Group Investments & Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Oron Group Investments & Holdings Ltd (XTAE:ORON) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Yehuda Hanachtom Street, Beltech Building, Beersheba, ISR

Website

http://www.oron-group.co.il

Oron Group Investments & Holdings Ltd is a civil engineering and development company. It is engaged in infrastructure, civil engineering, industrial and residential construction. The Company manages several companies and subsidiaries in the field of civil engineering,industry, infrastructure, development and contracting. It has engineering projects in Israel and abroad.

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