GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Netanel Group Ltd (XTAE:NTGR) » Definitions » Days Inventory

Netanel Group (XTAE:NTGR) Days Inventory : 1,851.89 (As of Dec. 2023)


View and export this data going back to 2002. Start your Free Trial

What is Netanel Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Netanel Group's Average Total Inventories for the three months ended in Dec. 2023 was ₪574.1 Mil. Netanel Group's Cost of Goods Sold for the three months ended in Dec. 2023 was ₪28.3 Mil. Hence, Netanel Group's Days Inventory for the three months ended in Dec. 2023 was 1,851.89.

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

XTAE:NTGR' s Days Inventory Range Over the Past 10 Years
Min: 625.62   Med: 938.08   Max: 2099.08
Current: 1148.62

During the past 11 years, Netanel Group's highest Days Inventory was 2099.08. The lowest was 625.62. And the median was 938.08.

XTAE:NTGR's Days Inventory is ranked worse than
64.08% of 1328 companies
in the Real Estate industry
Industry Median: 699.495 vs XTAE:NTGR: 1148.62

Netanel Group's Days Inventory increased from Dec. 2022 (1,536.64) to Dec. 2023 (1,851.89). It might indicate that Netanel Group'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. Netanel Group's Inventory Turnover for the three months ended in Dec. 2023 was 0.05.

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. Netanel Group's Inventory-to-Revenue for the three months ended in Dec. 2023 was 15.75.


Netanel Group Days Inventory Historical Data

The historical data trend for Netanel Group'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.

Netanel Group Days Inventory Chart

Netanel Group 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 1,441.89 840.28 625.62 917.92 1,242.89

Netanel Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 1,536.64 2,147.36 558.23 1,195.64 1,851.89

Competitive Comparison of Netanel Group's Days Inventory

For the Real Estate Services subindustry, Netanel Group'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.


Netanel Group's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Netanel Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Netanel Group's Days Inventory falls into.



Netanel Group Days Inventory Calculation

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

Netanel Group'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
=( (478.599 + 638.893) / 2 ) / 164.087*365
=558.746 / 164.087*365
=1,242.89

Netanel Group'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
=( (509.296 + 638.893) / 2 ) / 28.288*365 / 4
=574.0945 / 28.288*365 / 4
=1,851.89

* 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.


Netanel Group  (XTAE:NTGR) 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.

Netanel Group'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.

Netanel Group'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.


Netanel Group Days Inventory Related Terms

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


Netanel Group (XTAE:NTGR) Business Description

Traded in Other Exchanges
N/A
Address
Street Sokolov 48, Holon, ISR
Netanel Group Ltd provides real estate services. Its business activities include development and realization of construction and real estate projects. Its projects include swimming pools, gyms, commercial & industrial projects as well as office buildings.