Delta Israel Brands (XTAE:DLTI) Inventory Turnover : 0.46 (As of Sep. 2024)

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What is Delta Israel Brands Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Delta Israel Brands's Cost of Goods Sold for the three months ended in Sep. 2024 was ₪118 Mil. Delta Israel Brands's Average Total Inventories for the quarter that ended in Sep. 2024 was ₪258 Mil. Delta Israel Brands's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Delta Israel Brands's Days Inventory for the three months ended in Sep. 2024 was 198.55.

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. Delta Israel Brands's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.89.

Delta Israel Brands Inventory Turnover Historical Data

The historical data trend for Delta Israel Brands's Inventory Turnover 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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Delta Israel Brands Inventory Turnover Chart

Delta Israel Brands Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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2.85

2.56

2.41

2.12

2.06

Delta Israel Brands Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															0.47	0.59	0.53	0.44	0.46

Delta Israel Brands Inventory Turnover Calculation

Delta Israel Brands's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	379.685	/ (	(185.178	+	184.205)	/	2 )
=	379.685	/	184.6915
=	2.06

Delta Israel Brands's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	118.438	/ (	(219.817	+	295.605)	/	2 )
=	118.438	/	257.711
=	0.46

Delta Israel Brands (XTAE:DLTI) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Delta Israel Brands's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	257.711	/	118.438	*	365 / 4
	=	198.55

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.

Delta Israel Brands's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	257.711	/	288.831
	=	0.89

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Delta Israel Brands Inventory Turnover Related Terms

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Delta Israel Brands Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Delta Israel Brands Ltd (XTAE:DLTI) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

45 Ha’Eshel Street, Southern Industrial Zone, Caesarea, ISR, 30889

Website

https://www.deltagalil.com

Delta Israel Brands Ltd is the operational division of the local Delta brand, Israel's leading innerwear and activewear brand for men, women, and children. The division is responsible for the development, design, and marketing of the flagship 'Delta' brand for all ages, and 'Fix', the popular young adult brand. Its products are sold across the country in the company's branded shops and in all major retail chains and department stores.