Strauss Group (XTAE:STRS) Days Inventory : 71.79 (As of Dec. 2023)

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What is Strauss Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Strauss Group's Average Total Inventories for the three months ended in Dec. 2023 was ₪856 Mil. Strauss Group's Cost of Goods Sold for the three months ended in Dec. 2023 was ₪1,088 Mil. Hence, Strauss Group's Days Inventory for the three months ended in Dec. 2023 was 71.79.

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

XTAE:STRS' s Days Inventory Range Over the Past 10 Years
Min: 57.6 Med: 62.68 Max: 73.86
Current: 73.86

During the past 13 years, Strauss Group's highest Days Inventory was 73.86. The lowest was 57.60. And the median was 62.68.

XTAE:STRS's Days Inventory is ranked better than
55.88% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 82.33 vs XTAE:STRS: 73.86

Strauss Group's Days Inventory increased from Dec. 2022 (69.83) to Dec. 2023 (71.79). It might indicate that Strauss Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Strauss Group's Inventory Turnover for the three months ended in Dec. 2023 was 1.27.

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. Strauss Group's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.50.

Strauss Group Days Inventory Historical Data

The historical data trend for Strauss 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.

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Strauss Group Days Inventory Chart

Strauss Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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59.98

57.60

61.17

65.46

68.94

Strauss 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															69.83	74.74	82.03	72.25	71.79

Competitive Comparison of Strauss Group's Days Inventory

For the Packaged Foods subindustry, Strauss 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.

Strauss Group's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Strauss Group's Days Inventory distribution charts can be found below:

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

Strauss Group Days Inventory Calculation

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

Strauss 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
=	( (814	+	830)	/	2 )	/	4352	*	365
=	822					/	4352	*	365
=	68.94

Strauss 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
=	( (882	+	830)	/	2 )	/	1088	*	365 / 4
=	856					/	1088	*	365 / 4
=	71.79

Strauss Group (XTAE:STRS) 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.

Strauss Group's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1088	/	856
	=	1.27

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.

Strauss Group's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	856	/	1705
	=	0.50

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.

Strauss Group Days Inventory Related Terms

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

Strauss Group (XTAE:STRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Strauss Group Ltd (XTAE:STRS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

SGLJF:USA

Address

49 Hasivim Street, Kiryat Matalon, P.O. Box 194, Petach Tikva, ISR, 4959504

Website

https://www.strauss-group.com

Strauss Group Ltd is a food and beverage company that holds a portfolio of companies including Strauss Coffee B.V., which produces coffee, teas, and other complementary products, and provides coffee services to hotels, restaurants, cafes, and working places; Strauss Israel, which offers a variety of products such as dairies, snacks, and drinks to Israel food market; Strauss Water, which specializes in drinking water solutions; and PepsiCo-Strauss Fresh Dips and Spreads, which supplies vegetarian dips and fresh foods. Its geographical segments are Israel, and Europe and the Rest of the World, of which the company generates most of its revenue from Israel.