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Opc Energy (XTAE:OPCE) Days Inventory : 0.00 (As of Mar. 2024)


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What is Opc Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Opc Energy's Average Total Inventories for the three months ended in Mar. 2024 was ₪0 Mil. Opc Energy's Cost of Goods Sold for the three months ended in Mar. 2024 was ₪504 Mil. Hence, Opc Energy's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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

XTAE:OPCE' s Days Inventory Range Over the Past 10 Years
Min: 1.21   Med: 1.37   Max: 1.45
Current: 1.32

During the past 9 years, Opc Energy's highest Days Inventory was 1.45. The lowest was 1.21. And the median was 1.37.

XTAE:OPCE's Days Inventory is ranked better than
97.58% of 331 companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.07 vs XTAE:OPCE: 1.32

Opc Energy's Days Inventory declined from Mar. 2023 (1.66) to Mar. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Opc Energy's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.


Opc Energy Days Inventory Historical Data

The historical data trend for Opc Energy'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.

Opc Energy Days Inventory Chart

Opc Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only - - 1.45 1.37 1.21

Opc Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.66 1.46 1.18 1.42 -

Competitive Comparison of Opc Energy's Days Inventory

For the Utilities - Independent Power Producers subindustry, Opc Energy'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.


Opc Energy's Days Inventory Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Opc Energy's Days Inventory falls into.



Opc Energy Days Inventory Calculation

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

Opc Energy'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
=( (7 + 0) / 1 ) / 2115*365
=7 / 2115*365
=1.21

Opc Energy's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 504*365 / 4
=0 / 504*365 / 4
=0.00

* 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.


Opc Energy  (XTAE:OPCE) 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.

Opc Energy's Inventory Turnover for the three months ended in Mar. 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.

Opc Energy's Inventory to Revenue for the three months ended in Mar. 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.


Opc Energy Days Inventory Related Terms

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


Opc Energy (XTAE:OPCE) Business Description

Traded in Other Exchanges
N/A
Address
121 Menachem Begin Boulevard, Azrieli Tower Sharona, Tel Aviv, ISR
Opc Energy Ltd and its subsidiaries are engaged in the generation and supply of electricity, including, initiation, development, construction, and operation of power plants as well as generation and supply of electricity to private customers and Israel Electric Company. The company reporting segment includes the Generation and supply of electricity. Its projects include Rotem and Hadera.

Opc Energy (XTAE:OPCE) Headlines

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