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Lapidoth Capital (XTAE:LAPD) Inventory Turnover : 1.23 (As of Dec. 2024)


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What is Lapidoth Capital 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. Lapidoth Capital's Cost of Goods Sold for the three months ended in Dec. 2024 was ₪1,761 Mil. Lapidoth Capital's Average Total Inventories for the quarter that ended in Dec. 2024 was ₪1,431 Mil. Lapidoth Capital's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.23.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lapidoth Capital's Days Inventory for the three months ended in Dec. 2024 was 74.17.

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. Lapidoth Capital's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.75.


Lapidoth Capital Inventory Turnover Historical Data

The historical data trend for Lapidoth Capital'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.

* Premium members only.

Lapidoth Capital Inventory Turnover Chart

Lapidoth Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.28 7.41 4.51 4.56 5.67

Lapidoth Capital Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Inventory Turnover 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 1.34 1.66 1.36 1.36 1.23

Lapidoth Capital Inventory Turnover Calculation

Lapidoth Capital'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 )
=6491.513 / ((1289.507 + 999.169) / 2 )
=6491.513 / 1144.338
=5.67

Lapidoth Capital's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover (Q: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2024 ) / ((Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count )
=1760.563 / ((1383.504 + 1478.692) / 2 )
=1760.563 / 1431.098
=1.23

* 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.


Lapidoth Capital  (XTAE:LAPD) 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.

Lapidoth Capital's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=1431.098/1760.563*365 / 4
=74.17

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.

Lapidoth Capital's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=1431.098 / 1911.559
=0.75

* 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

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.


Lapidoth Capital Inventory Turnover Related Terms

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Lapidoth Capital Business Description

Traded in Other Exchanges
N/A
Address
19 Brodetsky Street, P.O.B. 17106, Tel Aviv, ISR, 69051
Lapidoth Capital Ltd through its subsidiaries is engaged in various fields, including contracting and entrepreneurial activity in Israel and abroad in the fields of construction and infrastructure, import and marketing of mobile phones and related accessories, international trade, investments in securities, oil and gas exploration and production, and water drilling. . The company generates majority of its revenue from construction and infrastructure contracting through its subsidiary Danya Cebus which has taken part in dozens of public construction, offices, commerce and industry projects for public entities and private entrepreneurs. It also includes infrastructure projects, including paving roads, building railway infrastructure, bridges, and related infrastructure development.

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