Days Inventory is also known as Days Sales of Inventory (DSI). N2OFF's Average Total Inventories for the
three
months ended in Dec. 2023 was $0.11 Mil. N2OFF's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $-0.02 Mil.
The historical rank and industry rank for N2OFF's Days Inventory or its related term are showing as below:
NITO'
s Days Inventory Range Over the Past 10 Years
Min: 52.33 Med: 123.12 Max: 676.91
Current: 633.11
During the past 13 years, N2OFF's highest Days Inventory was 676.91. The lowest was 52.33. And the median was 123.12.
NITO's Days Inventory is ranked worse than 98.25% of 229
companies
in the Agriculture industry
Industry Median: 111.24
vs NITO: 633.11
N2OFF's Days Inventory
declined
from Dec. 2022 (96.45) to Dec. 2023 (0.00).
Inventory Turnover measures how fast the company turns over its inventory within a year.
N2OFF's Inventory Turnover for the
three
months ended in Dec. 2023 was -0.14.
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.
N2OFF's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.00.
N2OFF Days Inventory Historical Data
The historical data trend for N2OFF'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.
For the Agricultural Inputs subindustry, N2OFF'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.
N2OFF's Days Inventory Distribution in the Agriculture Industry
For the Agriculture industry and Basic Materials sector, N2OFF's Days Inventory distribution charts can be found below:
* The bar in red indicates where N2OFF's Days Inventory falls into.
N2OFF Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
N2OFF's Days Inventory for the fiscal year that 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.
N2OFF (NAS:NITO) 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.
N2OFF'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.
N2OFF'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.
N2OFF Days Inventory Related Terms
Thank you for viewing the detailed overview of N2OFF's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Save Foods Inc is an agri-food tech company specializing in eco-crop protection that reduces food waste and ensures food safety. The company engaged in the business of developing, testing, and marketing solutions and products for extending the storability and shelf life of vegetables and fruits through its subsidiary. The company develops products that treat citrus fruits, sweet potatoes, and stored table potatoes and also provides storage control of fruits and vegetables. It has also started the commercialization of its products. Geographically, it generates the majority of its revenue from the United States and Mexico.
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