General Finance (General Finance) Days Inventory : 55.22 (As of Mar. 2021)

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What is General Finance Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). General Finance's Average Total Inventories for the three months ended in Mar. 2021 was $27.1 Mil. General Finance's Cost of Goods Sold for the three months ended in Mar. 2021 was $44.8 Mil. Hence, General Finance's Days Inventory for the three months ended in Mar. 2021 was 55.22.

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

GFN' s Days Inventory Range Over the Past 10 Years
Min: 48.3 Med: 72.85 Max: 84.41
Current: 51.54

During the past 13 years, General Finance's highest Days Inventory was 84.41. The lowest was 48.30. And the median was 72.85.

GFN's Days Inventory is not ranked
in the Business Services industry.
Industry Median: 29.11 vs GFN: 51.54

General Finance's Days Inventory declined from Mar. 2020 (56.01) to Mar. 2021 (55.22).

Inventory Turnover measures how fast the company turns over its inventory within a year. General Finance's Inventory Turnover for the three months ended in Mar. 2021 was 1.65.

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. General Finance's Inventory-to-Revenue for the three months ended in Mar. 2021 was 0.30.

General Finance Days Inventory Historical Data

The historical data trend for General Finance'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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General Finance Days Inventory Chart

General Finance Annual Data

Trend

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Days Inventory

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80.59

77.74

51.34

49.00

50.60

General Finance Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Days Inventory	Get a 7-Day Free Trial															56.01	49.18	44.30	42.91	55.22

Competitive Comparison of General Finance's Days Inventory

For the Rental & Leasing Services subindustry, General Finance'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.

General Finance's Days Inventory Distribution in the Business Services Industry

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

* The bar in red indicates where General Finance's Days Inventory falls into.

General Finance Days Inventory Calculation

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

General Finance's Days Inventory for the fiscal year that ended in Jun. 2020 is calculated as

	Days Inventory (A: Jun. 2020 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2019 )	+	Total Inventories (A: Jun. 2020 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2020 )	*	Days in Period
=	( (29.077	+	20.928)	/	2 )	/	180.369	*	365
=	25.0025					/	180.369	*	365
=	50.60

General Finance's Days Inventory for the quarter that ended in Mar. 2021 is calculated as:

	Days Inventory (Q: Mar. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2020 )	+	Total Inventories (Q: Mar. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2021 )	*	Days in Period
=	( (20.402	+	33.869)	/	2 )	/	44.838	*	365 / 4
=	27.1355					/	44.838	*	365 / 4
=	55.22

General Finance (NAS:GFN) 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.

General Finance's Inventory Turnover for the three months ended in Mar. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	44.838	/	27.1355
	=	1.65

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.

General Finance's Inventory to Revenue for the three months ended in Mar. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	27.1355	/	90.006
	=	0.30

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.

General Finance Days Inventory Related Terms

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

General Finance (General Finance) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » General Finance Corp (NAS:GFN) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

39 East Union Street, Pasadena, CA, USA, 91103

Website

http://www.generalfinance.com

General Finance Corp is a specialty rental services company. The company offers portable storage, modular space, and liquid containment solutions, with a diverse and expanding lease fleet of 78,605 units. The company serves a diverse range of customers across a broad range of industries, including the commercial, construction, transportation, industrial, energy, manufacturing, mining, retail, education and government sectors. The company is organized geographically across two principal operating segments, North America and Asia-Pacific.

Executives

Neil Gagnon	10 percent owner	1370 AVENUE OF THE AMERICAS, 24TH FLOOR, NEW YORK NY 10019
Ronald Valenta	director, 10 percent owner	39 EAST UNION STREET PASADENA CA 91103
Christopher A Wilson	officer: General Counsel, VP, Secretary	39 EAST UNION STREET PASADENA CA 91103
Jeffrey A Kluckman	officer: Executive Vice President	39 EAST UNION STREET PASADENA CA 91103
Charles E Barrantes	officer: Chief Financial Officer	39 EAST UNION STREET PASADENA CA 91103
Jody Edwin Miller	director, officer: CEO & President	39 EAST UNION STREET PASADENA CA 91103
Theodore M. Mourouzis	officer: President of Pac-Van, Inc.	9155 HARRISON PARK COURT INDIANAPOLIS IN 46216
Eric Weber	officer: CFO of Pac-Van, Inc.	9155 HARRISON PARK COURT INDIANAPOLIS IN 46216
William H Baribault	director	39 EAST UNION STREET PASADENA CA 91103
Larry D Tashjian	director	39 EAST UNION STREET PASADENA CA 91103
Gregory B Baker	officer: CFO-GFN Asia Pacific Holdings	LEVEL 3 1 MERRIWA STREET GORDON NSW C3 2072
Neil Littlewood	officer: CEO of Royal Wolf Holdings	LEVEL 3 1 MERRIWA STREET GORDON NSW C3 2072
Susan L Harris	director	39 EAST UNION STREET, PASADENA CA 91103
Manuel Marrero	director	39 EAST UNION STREET PASADENA CA 91103
James B Roszak	director	39 EAST UNION STREET PASADENA CA 91103