Golf Group (XTAE:GOLF) Days Inventory : 207.15 (As of Mar. 2024)

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What is Golf Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Golf Group's Average Total Inventories for the three months ended in Mar. 2024 was ₪190.3 Mil. Golf Group's Cost of Goods Sold for the three months ended in Mar. 2024 was ₪83.8 Mil. Hence, Golf Group's Days Inventory for the three months ended in Mar. 2024 was 207.15.

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

XTAE:GOLF' s Days Inventory Range Over the Past 10 Years
Min: 143.33 Med: 177.17 Max: 235.98
Current: 235.98

During the past 13 years, Golf Group's highest Days Inventory was 235.98. The lowest was 143.33. And the median was 177.17.

XTAE:GOLF's Days Inventory is ranked worse than
82.51% of 1069 companies
in the Retail - Cyclical industry
Industry Median: 110.7 vs XTAE:GOLF: 235.98

Golf Group's Days Inventory declined from Mar. 2023 (227.62) to Mar. 2024 (207.15).

Inventory Turnover measures how fast the company turns over its inventory within a year. Golf Group's Inventory Turnover for the three months ended in Mar. 2024 was 0.44.

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. Golf Group's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.95.

Golf Group Days Inventory Historical Data

The historical data trend for Golf 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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Golf Group Days Inventory Chart

Golf Group Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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181.21

202.23

186.74

215.18

235.62

Golf Group 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															227.62	247.86	241.03	245.37	207.15

Competitive Comparison of Golf Group's Days Inventory

For the Specialty Retail subindustry, Golf 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.

Golf Group's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Golf Group's Days Inventory distribution charts can be found below:

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

Golf Group Days Inventory Calculation

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

Golf 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
=	( (266.607	+	185.824)	/	2 )	/	350.429	*	365
=	226.2155					/	350.429	*	365
=	235.62

Golf Group'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
=	( (185.824	+	194.744)	/	2 )	/	83.819	*	365 / 4
=	190.284					/	83.819	*	365 / 4
=	207.15

Golf Group (XTAE:GOLF) 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.

Golf Group's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	83.819	/	190.284
	=	0.44

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.

Golf Group's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	190.284	/	200.555
	=	0.95

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.

Golf Group Days Inventory Related Terms

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

Golf Group (XTAE:GOLF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Golf & Co Group Ltd (XTAE:GOLF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hamalka 5, Netanya, ISR, 69512

Website

http://www.golfco.co.il

Golf & Co Group Ltd operates retail chain stores offering home fashion products. It operates in the fields of fashion, textiles and home design. The company's offering includes home textile and home ware items such as bed linens, blankets, towels, dinnerware, drink ware, cookware and kitchen items, among others. It also provides spa products, as well as aromatherapy products. It also sales products through online site.