Polyram Plastic Industries (XTAE:POLP) Days Inventory : 168.98 (As of Dec. 2024)

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What is Polyram Plastic Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Polyram Plastic Industries's Average Total Inventories for the three months ended in Dec. 2024 was ₪331 Mil. Polyram Plastic Industries's Cost of Goods Sold for the three months ended in Dec. 2024 was ₪179 Mil. Hence, Polyram Plastic Industries's Days Inventory for the three months ended in Dec. 2024 was 168.98.

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

XTAE:POLP' s Days Inventory Range Over the Past 10 Years
Min: 120.91 Med: 138.09 Max: 162.06
Current: 138.32

During the past 8 years, Polyram Plastic Industries's highest Days Inventory was 162.06. The lowest was 120.91. And the median was 138.09.

XTAE:POLP's Days Inventory is ranked worse than
79.07% of 1500 companies
in the Chemicals industry
Industry Median: 77.595 vs XTAE:POLP: 138.32

Polyram Plastic Industries's Days Inventory increased from Dec. 2023 (136.03) to Dec. 2024 (168.98). It might indicate that Polyram Plastic Industries's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Polyram Plastic Industries's Inventory Turnover for the three months ended in Dec. 2024 was 0.54.

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. Polyram Plastic Industries's Inventory-to-Revenue for the three months ended in Dec. 2024 was 1.48.

Polyram Plastic Industries Days Inventory Historical Data

The historical data trend for Polyram Plastic 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.

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Polyram Plastic Industries Days Inventory Chart

Polyram Plastic Industries Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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129.06

120.91

135.00

142.35

138.09

Polyram Plastic Industries Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															136.03	122.06	130.20	135.44	168.98

Competitive Comparison of Polyram Plastic Industries's Days Inventory

For the Specialty Chemicals subindustry, Polyram Plastic 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.

Polyram Plastic Industries's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Polyram Plastic Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Polyram Plastic Industries's Days Inventory falls into.

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Polyram Plastic Industries Days Inventory Calculation

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

Polyram Plastic Industries's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (256.941	+	338.616)	/	2 )	/	787.067	*	365
=	297.7785					/	787.067	*	365
=	138.09

Polyram Plastic Industries's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (323.142	+	338.616)	/	2 )	/	178.678	*	365 / 4
=	330.879					/	178.678	*	365 / 4
=	168.98

Polyram Plastic Industries (XTAE:POLP) 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.

Polyram Plastic Industries's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	178.678	/	330.879
	=	0.54

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.

Polyram Plastic Industries's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	330.879	/	223.506
	=	1.48

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.

Polyram Plastic Industries Days Inventory Related Terms

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

Polyram Plastic Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Polyram Plastic Industries Ltd (XTAE:POLP) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Moshav Ram-On, Tel Aviv, ISR

Website

https://www.polyram-group.com

Polyram Plastic Industries Ltd is engaged in the production and distribution of thermoplastic compounds. Also, the company supplies functional polymers including coupling agents, compatibilizers, impact modifiers and adhesive resins.

Polyram Plastic Industries Headlines

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