GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Amiad Water Systems Ltd (XTAE:AMD) » Definitions » Days Inventory

Amiad Water Systems (XTAE:AMD) Days Inventory : 179.31 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Amiad Water Systems Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Amiad Water Systems's Average Total Inventories for the three months ended in Dec. 2023 was ₪150.4 Mil. Amiad Water Systems's Cost of Goods Sold for the three months ended in Dec. 2023 was ₪76.5 Mil. Hence, Amiad Water Systems's Days Inventory for the three months ended in Dec. 2023 was 179.31.

The historical rank and industry rank for Amiad Water Systems's Days Inventory or its related term are showing as below:

XTAE:AMD' s Days Inventory Range Over the Past 10 Years
Min: 123.5   Med: 156.97   Max: 208.27
Current: 206.21

During the past 13 years, Amiad Water Systems's highest Days Inventory was 208.27. The lowest was 123.50. And the median was 156.97.

XTAE:AMD's Days Inventory is ranked worse than
76.92% of 2911 companies
in the Industrial Products industry
Industry Median: 120.59 vs XTAE:AMD: 206.21

Amiad Water Systems's Days Inventory declined from Dec. 2022 (259.50) to Dec. 2023 (179.31).

Inventory Turnover measures how fast the company turns over its inventory within a year. Amiad Water Systems's Inventory Turnover for the three months ended in Dec. 2023 was 0.51.

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. Amiad Water Systems's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.18.


Amiad Water Systems Days Inventory Historical Data

The historical data trend for Amiad Water Systems'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.

Amiad Water Systems Days Inventory Chart

Amiad Water Systems 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 151.57 162.36 178.28 208.27 204.31

Amiad Water Systems 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 259.50 233.01 202.91 217.41 179.31

Competitive Comparison of Amiad Water Systems's Days Inventory

For the Pollution & Treatment Controls subindustry, Amiad Water Systems'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.


Amiad Water Systems's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Amiad Water Systems's Days Inventory distribution charts can be found below:

* The bar in red indicates where Amiad Water Systems's Days Inventory falls into.



Amiad Water Systems Days Inventory Calculation

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

Amiad Water Systems'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
=( (161.303 + 146.38) / 2 ) / 274.832*365
=153.8415 / 274.832*365
=204.31

Amiad Water Systems'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
=( (154.385 + 146.38) / 2 ) / 76.527*365 / 4
=150.3825 / 76.527*365 / 4
=179.31

* 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.


Amiad Water Systems  (XTAE:AMD) 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.

Amiad Water Systems'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.

Amiad Water Systems'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.


Amiad Water Systems Days Inventory Related Terms

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


Amiad Water Systems (XTAE:AMD) Business Description

Traded in Other Exchanges
N/A
Address
D.N. Galil Elyon 1, Kibbutz Amiad, ISR, 1233500
Amiad Water Systems Ltd is a producer and supplier of water filters and filtration systems. The company concentrates on automatic self-cleaning filters that require low maintenance and can be adapted to provide bespoke solutions to a wide range of applications in a number of industries, in addition to a variety of other applications in the irrigation market. Geographically, it has a presence in the Americas, Aisa-Pacific, and Europe, Middle East, and Africa.