Intertek Group (Intertek Group) Days Inventory : 0.00 (As of Dec. 2023)

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What is Intertek Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Intertek Group's Average Total Inventories for the six months ended in Dec. 2023 was $22 Mil. Intertek Group's Cost of Goods Sold for the six months ended in Dec. 2023 was $0 Mil.

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

IKTSY's Days Inventory is not ranked ^*
in the Business Services industry.
Industry Median: 29.12
* Ranked among companies with meaningful Days Inventory only.

Intertek Group's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Intertek Group's Inventory Turnover for the six months ended in Dec. 2023 was 0.00.

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

Intertek Group Days Inventory Historical Data

The historical data trend for Intertek 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.

* Premium members only.

Intertek Group Days Inventory Chart

Intertek Group Annual Data

Trend

Dec14

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Dec21

Dec22

Dec23

Days Inventory

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Intertek Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Intertek Group's Days Inventory

For the Specialty Business Services subindustry, Intertek 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.

Intertek Group's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Intertek Group's Days Inventory distribution charts can be found below:

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

Intertek Group Days Inventory Calculation

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

Intertek 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
=	( (20.585	+	21.772)	/	2 )	/	0	*	365
=	21.1785					/	0	*	365
=	N/A

Intertek 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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (22.096	+	21.772)	/	2 )	/	0	*	365 / 2
=	21.934					/	0	*	365 / 2
=	N/A

Intertek Group (OTCPK:IKTSY) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	21.934
	=	0.00

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	21.934	/	2137.595
	=	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.

Intertek Group Days Inventory Related Terms

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Intertek Group (Intertek Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Intertek Group PLC (OTCPK:IKTSY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

IKTSF:USA ITRKl:UK ITRK:UK IT1:Germany

Address

33 Cavendish Square, London, GBR, W1G 0PS

Website

https://www.intertek.com

FTSE 100 firm Intertek is one of the largest and oldest companies in the testing, inspection, and certification industry. The company's primary activities involve testing products and materials, inspecting sites/industrial equipment, and certifying products and systems to ensure global/company standards. Intertek is one of only four TIC companies that operate globally across numerous industries. The firm listed in 2002, following a divestment by Charterhouse. It employs almost 44,000 people worldwide.