Azrieli Group (Azrieli Group) Days Inventory : 3.05 (As of Dec. 2023)

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What is Azrieli Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Azrieli Group's Average Total Inventories for the three months ended in Dec. 2023 was $2.1 Mil. Azrieli Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $63.5 Mil. Hence, Azrieli Group's Days Inventory for the three months ended in Dec. 2023 was 3.05.

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

AZRGF' s Days Inventory Range Over the Past 10 Years
Min: 3.21 Med: 29.67 Max: 129.54
Current: 3.85

During the past 13 years, Azrieli Group's highest Days Inventory was 129.54. The lowest was 3.21. And the median was 29.67.

AZRGF's Days Inventory is ranked better than
93.86% of 1320 companies
in the Real Estate industry
Industry Median: 698.185 vs AZRGF: 3.85

Azrieli Group's Days Inventory declined from Dec. 2022 (3.94) to Dec. 2023 (3.05).

Inventory Turnover measures how fast the company turns over its inventory within a year. Azrieli Group's Inventory Turnover for the three months ended in Dec. 2023 was 29.87.

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. Azrieli Group's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.01.

Azrieli Group Days Inventory Historical Data

The historical data trend for Azrieli 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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Azrieli Group Days Inventory Chart

Azrieli Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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20.25

4.94

5.73

4.80

3.21

Azrieli 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															3.94	4.58	4.69	3.85	3.05

Competitive Comparison of Azrieli Group's Days Inventory

For the Real Estate Services subindustry, Azrieli 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.

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

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

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

Azrieli Group Days Inventory Calculation

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

Azrieli 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
=	( (2.658	+	1.595)	/	2 )	/	242.137	*	365
=	2.1265					/	242.137	*	365
=	3.21

Azrieli 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
=	( (2.658	+	1.595)	/	2 )	/	63.524	*	365 / 4
=	2.1265					/	63.524	*	365 / 4
=	3.05

Azrieli Group (OTCPK:AZRGF) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	63.524	/	2.1265
	=	29.87

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.1265	/	191.902
	=	0.01

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.

Azrieli Group Days Inventory Related Terms

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Azrieli Group (Azrieli Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Azrieli Group Ltd (OTCPK:AZRGF) » Definitions » Days Inventory

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Traded in Other Exchanges

AZRG:Israel

Address

1 Azrieli Center, Tel Aviv, ISR, 6702101

Website

https://www.azrieli.com

Azrieli Group Ltd manages and operates companies that own properties across Israel, subsidiaries in the energy, water, and environment industries, a card company, and a bank. The company's income-producing properties include shopping malls, office towers, industrial buildings, and residential properties. In addition to owning properties in Israel, the portfolio consists of a minor number of international properties. Under the energy business, holdings include marketing and distribution of refined oil and water desalination, wastewater purification, and sludge treatment facilities.