The Israel Land Development Co (XTAE:ILDC) Days Inventory : 214.10 (As of Mar. 2024)

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What is The Israel Land Development Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). The Israel Land Development Co's Average Total Inventories for the three months ended in Mar. 2024 was ₪401.3 Mil. The Israel Land Development Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₪171.1 Mil. Hence, The Israel Land Development Co's Days Inventory for the three months ended in Mar. 2024 was 214.10.

The historical rank and industry rank for The Israel Land Development Co's Days Inventory or its related term are showing as below:

XTAE:ILDC' s Days Inventory Range Over the Past 10 Years
Min: 209.65 Med: 378.63 Max: 468.47
Current: 287.56

During the past 13 years, The Israel Land Development Co's highest Days Inventory was 468.47. The lowest was 209.65. And the median was 378.63.

XTAE:ILDC's Days Inventory is ranked better than
69.83% of 1319 companies
in the Real Estate industry
Industry Median: 697.68 vs XTAE:ILDC: 287.56

The Israel Land Development Co's Days Inventory declined from Mar. 2023 (351.70) to Mar. 2024 (214.10).

Inventory Turnover measures how fast the company turns over its inventory within a year. The Israel Land Development Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.43.

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. The Israel Land Development Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.46.

The Israel Land Development Co Days Inventory Historical Data

The historical data trend for The Israel Land Development Co'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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The Israel Land Development Co Days Inventory Chart

The Israel Land Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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381.53

468.47

375.72

438.02

316.81

The Israel Land Development Co 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															351.70	535.73	334.95	228.96	214.10

Competitive Comparison of The Israel Land Development Co's Days Inventory

For the Real Estate Services subindustry, The Israel Land Development Co'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.

The Israel Land Development Co's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, The Israel Land Development Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where The Israel Land Development Co's Days Inventory falls into.

The Israel Land Development Co Days Inventory Calculation

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

The Israel Land Development Co'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
=	( (457.814	+	427.592)	/	2 )	/	510.049	*	365
=	442.703					/	510.049	*	365
=	316.81

The Israel Land Development Co'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
=	( (427.592	+	375.105)	/	2 )	/	171.052	*	365 / 4
=	401.3485					/	171.052	*	365 / 4
=	214.10

The Israel Land Development Co (XTAE:ILDC) 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.

The Israel Land Development Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	171.052	/	401.3485
	=	0.43

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.

The Israel Land Development Co's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	401.3485	/	275.328
	=	1.46

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.

The Israel Land Development Co Days Inventory Related Terms

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The Israel Land Development Co (XTAE:ILDC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » The Israel Land Development Co Ltd (XTAE:ILDC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Sheshet Hayamim Street, Bnei Brak, ISR, 5120261

Website

http://www.ildc.co.il

The Israel Land Development Co Ltd owns and manages a chain of hotels in Israel. The company's operating business segments are Property rental; Residential construction development overseas; and Residential construction development in Israel. Property rental segment generates most of the revenue for the firm which is engaged in the rental and management of investment properties throughout Israel and overseas.

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