Top Gum Industries (XTAE:TPGM) Days Inventory : 123.50 (As of Dec. 2024)

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What is Top Gum Industries Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Top Gum Industries's Average Total Inventories for the three months ended in Dec. 2024 was ₪46.8 Mil. Top Gum Industries's Cost of Goods Sold for the three months ended in Dec. 2024 was ₪34.5 Mil. Hence, Top Gum Industries's Days Inventory for the three months ended in Dec. 2024 was 123.50.

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

XTAE:TPGM' s Days Inventory Range Over the Past 10 Years
Min: 91.7 Med: 105.65 Max: 116.06
Current: 111.5

During the past 7 years, Top Gum Industries's highest Days Inventory was 116.06. The lowest was 91.70. And the median was 105.65.

XTAE:TPGM's Days Inventory is ranked worse than
66.81% of 1820 companies
in the Consumer Packaged Goods industry
Industry Median: 81.995 vs XTAE:TPGM: 111.50

Top Gum Industries's Days Inventory declined from Dec. 2023 (163.94) to Dec. 2024 (123.50).

Inventory Turnover measures how fast the company turns over its inventory within a year. Top Gum Industries's Inventory Turnover for the three months ended in Dec. 2024 was 0.74.

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. Top Gum Industries's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.89.

Top Gum Industries Days Inventory Historical Data

The historical data trend for Top Gum 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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Top Gum Industries Days Inventory Chart

Top Gum Industries Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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101.70

96.22

91.70

109.58

116.06

Top Gum Industries Quarterly Data
	Dec19	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													163.94	101.31	103.83	112.79	123.50

Competitive Comparison of Top Gum Industries's Days Inventory

For the Confectioners subindustry, Top Gum 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.

Top Gum Industries's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Top Gum Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where Top Gum Industries's Days Inventory falls into.

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Top Gum Industries Days Inventory Calculation

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

Top Gum 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
=	( (40.337	+	48.079)	/	2 )	/	139.034	*	365
=	44.208					/	139.034	*	365
=	116.06

Top Gum 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
=	( (45.431	+	48.079)	/	2 )	/	34.546	*	365 / 4
=	46.755					/	34.546	*	365 / 4
=	123.50

Top Gum Industries (XTAE:TPGM) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	34.546	/	46.755
	=	0.74

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	46.755	/	52.492
	=	0.89

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.

Top Gum Industries Days Inventory Related Terms

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

Top Gum Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Top Gum Industries Ltd (XTAE:TPGM) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prague 2, Sderot, ISR, 8714409

Website

https://www.topgummiceuticals.com

Top Gum Industries Ltd is engaged in the development and sale of nutritional supplements and confectionery products.

Top Gum Industries Headlines

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