SSP Group (SSP Group) Days Inventory : 7.68 (As of Sep. 2023)

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What is SSP Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SSP Group's Average Total Inventories for the six months ended in Sep. 2023 was $50 Mil. SSP Group's Cost of Goods Sold for the six months ended in Sep. 2023 was $1,188 Mil. Hence, SSP Group's Days Inventory for the six months ended in Sep. 2023 was 7.68.

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

SSPPF' s Days Inventory Range Over the Past 10 Years
Min: 8.22 Med: 8.57 Max: 14.67
Current: 8.22

During the past 13 years, SSP Group's highest Days Inventory was 14.67. The lowest was 8.22. And the median was 8.57.

SSPPF's Days Inventory is ranked better than
73.89% of 337 companies
in the Restaurants industry
Industry Median: 15.46 vs SSPPF: 8.22

SSP Group's Days Inventory declined from Sep. 2022 (7.85) to Sep. 2023 (7.68).

Inventory Turnover measures how fast the company turns over its inventory within a year. SSP Group's Inventory Turnover for the six months ended in Sep. 2023 was 23.78.

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. SSP Group's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.02.

SSP Group Days Inventory Historical Data

The historical data trend for SSP 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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SSP Group Days Inventory Chart

SSP Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Inventory

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8.56

11.62

14.26

9.25

7.93

SSP Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial															10.35	9.41	7.85	8.45	7.68

Competitive Comparison of SSP Group's Days Inventory

For the Restaurants subindustry, SSP 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.

SSP Group's Days Inventory Distribution in the Restaurants Industry

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

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

SSP Group Days Inventory Calculation

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

SSP Group's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

	Days Inventory (A: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (41.903	+	52.475)	/	2 )	/	2172.029	*	365
=	47.189					/	2172.029	*	365
=	7.93

SSP Group's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (47.451	+	52.475)	/	2 )	/	1187.871	*	365 / 2
=	49.963					/	1187.871	*	365 / 2
=	7.68

SSP Group (OTCPK:SSPPF) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1187.871	/	49.963
	=	23.78

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	49.963	/	2093.193
	=	0.02

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.

SSP Group Days Inventory Related Terms

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

SSP Group (SSP Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » SSP Group PLC (OTCPK:SSPPF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

SSPGl:UK SSPG:UK

Address

32 Jamestown Road, London, GBR, NW1 7HW

Website

https://www.foodtravelexperts.com

SSP Group PLC operates food and beverage units in travel locations such as airports and railway stations. Units range from coffee shops and sandwich bars to casual and fine-dining restaurants. Its units operate under more than 300 different brand names, including both proprietary brands and franchised brands, such as Starbucks and Burger King. Its segments include the UK, Continental Europe, North America and the APAC and EEME.