Days Inventory is also known as Days Sales of Inventory (DSI). StoneX Group's Average Total Inventories for the
three
months ended in Dec. 2023 was $528 Mil. StoneX Group's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $19,131 Mil.
Hence, StoneX Group's Days Inventory for the
three
months ended in Dec. 2023 was 2.52.
The historical rank and industry rank for StoneX Group's Days Inventory or its related term are showing as below:
SNEX'
s Days Inventory Range Over the Past 10 Years
Min: 0.39 Med: 2.14 Max: 3.23
Current: 2.98
During the past 13 years, StoneX Group's highest Days Inventory was 3.23. The lowest was 0.39. And the median was 2.14.
SNEX's Days Inventory is ranked better than 81.19% of 218
companies
in the Capital Markets industry
Industry Median: 58.365
vs SNEX: 2.98
StoneX Group's Days Inventory
declined
from Dec. 2022 (4.05) to Dec. 2023 (2.52).
Inventory Turnover measures how fast the company turns over its inventory within a year.
StoneX Group's Inventory Turnover for the
three
months ended in Dec. 2023 was 36.24.
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.
StoneX Group's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.03.
StoneX Group Days Inventory Historical Data
The historical data trend for StoneX 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.
Competitive Comparison of StoneX Group's Days Inventory
For the Capital Markets subindustry, StoneX 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.
StoneX Group's Days Inventory Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, StoneX Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where StoneX Group's Days Inventory falls into.
StoneX Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
StoneX Group's Days Inventory for the fiscal year that ended in Sep. 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.
StoneX Group (NAS:SNEX) 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.
StoneX Group'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.
StoneX Group'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.
StoneX Group Days Inventory Related Terms
Thank you for viewing the detailed overview of StoneX Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
StoneX Group Inc is a Global brokerage and financial services firm. Its service offerings are execution, OTC / Market-Making, advisory services, Global payment solutions, market intelligence, Physical Trading and clearing services. The firm operates in four segments: commercial, Institutional, Retail, and Global Payments. Its customers include governmental and nongovernmental organizations, and commercial banks, brokers, institutional investors, and investment banks. The company operates in United States, South America, Europe, Middle East and Asia and other countries, out of which majority revenue is generates from Middle East and Asia Region.
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