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Tera Light (XTAE:TRLT) Days Inventory : 25.00 (As of Sep. 2024)


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What is Tera Light Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tera Light's Average Total Inventories for the three months ended in Sep. 2024 was ₪2.27 Mil. Tera Light's Cost of Goods Sold for the three months ended in Sep. 2024 was ₪8.30 Mil. Hence, Tera Light's Days Inventory for the three months ended in Sep. 2024 was 25.00.

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

XTAE:TRLT' s Days Inventory Range Over the Past 10 Years
Min: 1.99   Med: 8.51   Max: 28.97
Current: 28.97

During the past 6 years, Tera Light's highest Days Inventory was 28.97. The lowest was 1.99. And the median was 8.51.

XTAE:TRLT's Days Inventory is ranked better than
51.37% of 329 companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.18 vs XTAE:TRLT: 28.97

Tera Light's Days Inventory increased from Sep. 2023 (10.23) to Sep. 2024 (25.00). It might indicate that Tera Light's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tera Light's Inventory Turnover for the three months ended in Sep. 2024 was 3.65.

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. Tera Light's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.19.


Tera Light Days Inventory Historical Data

The historical data trend for Tera Light'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.

Tera Light Days Inventory Chart

Tera Light Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial - - - 1.99 15.03

Tera Light Quarterly Data
Dec19 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 10.23 23.21 44.34 33.85 25.00

Competitive Comparison of Tera Light's Days Inventory

For the Utilities - Renewable subindustry, Tera Light'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.


Tera Light's Days Inventory Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Tera Light's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tera Light's Days Inventory falls into.


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Tera Light Days Inventory Calculation

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

Tera Light'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
=( (0.208 + 4.555) / 2 ) / 57.828*365
=2.3815 / 57.828*365
=15.03

Tera Light'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
=( (2.724 + 1.825) / 2 ) / 8.302*365 / 4
=2.2745 / 8.302*365 / 4
=25.00

* 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.


Tera Light  (XTAE:TRLT) 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.

Tera Light's Inventory Turnover for the three months ended in Sep. 2024 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.

Tera Light's Inventory to Revenue for the three months ended in Sep. 2024 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.


Tera Light Days Inventory Related Terms

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


Tera Light Business Description

Traded in Other Exchanges
N/A
Address
Abba Hillel Silver 12, Ramat Gan, ISR
Tera Light Ltd initiates and develops solar energy projects. It invest in companies that produce technological innovation in the field of renewable energy, electricity storage and energy efficiency.

Tera Light Headlines

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