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Ralco Agencies (XTAE:RLCO) Days Inventory : 90.93 (As of Dec. 2023)


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What is Ralco Agencies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ralco Agencies's Average Total Inventories for the three months ended in Dec. 2023 was ₪45.5 Mil. Ralco Agencies's Cost of Goods Sold for the three months ended in Dec. 2023 was ₪45.6 Mil. Hence, Ralco Agencies's Days Inventory for the three months ended in Dec. 2023 was 90.93.

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

XTAE:RLCO' s Days Inventory Range Over the Past 10 Years
Min: 73.17   Med: 91.82   Max: 118
Current: 107.86

During the past 11 years, Ralco Agencies's highest Days Inventory was 118.00. The lowest was 73.17. And the median was 91.82.

XTAE:RLCO's Days Inventory is ranked worse than
52.84% of 2409 companies
in the Hardware industry
Industry Median: 101.86 vs XTAE:RLCO: 107.86

Ralco Agencies's Days Inventory declined from Dec. 2022 (140.11) to Dec. 2023 (90.93).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ralco Agencies's Inventory Turnover for the three months ended in Dec. 2023 was 1.00.

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. Ralco Agencies's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.70.


Ralco Agencies Days Inventory Historical Data

The historical data trend for Ralco Agencies'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.

Ralco Agencies Days Inventory Chart

Ralco Agencies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 88.55 73.17 78.86 118.00 117.61

Ralco Agencies Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 140.11 125.72 126.56 80.11 90.93

Competitive Comparison of Ralco Agencies's Days Inventory

For the Electronics & Computer Distribution subindustry, Ralco Agencies'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.


Ralco Agencies's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ralco Agencies's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ralco Agencies's Days Inventory falls into.



Ralco Agencies Days Inventory Calculation

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

Ralco Agencies'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
=( (81.953 + 46.492) / 2 ) / 199.314*365
=64.2225 / 199.314*365
=117.61

Ralco Agencies'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
=( (44.467 + 46.492) / 2 ) / 45.638*365 / 4
=45.4795 / 45.638*365 / 4
=90.93

* 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.


Ralco Agencies  (XTAE:RLCO) 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.

Ralco Agencies'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.

Ralco Agencies'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.


Ralco Agencies Days Inventory Related Terms

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


Ralco Agencies (XTAE:RLCO) Business Description

Traded in Other Exchanges
N/A
Address
31 Hametzuda Street, Azur, ISR, 58001
Ralco Agencies Ltd is engaged in import & distribution of consumer products manufactured by zanussi sharp and blomberg. It distributes refrigerators, LCD televisions, microwave ovens, dishwashers & built-in ovens, among others. It markets its products to private stores and marketing chains that specialized in the marketing of electrical and electronic products.

Ralco Agencies (XTAE:RLCO) Headlines

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