IoT Group (ASX:IOT) Days Inventory : 58.55 (As of Dec. 2018)

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What is IoT Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). IoT Group's Average Total Inventories for the six months ended in Dec. 2018 was A$0.27 Mil. IoT Group's Cost of Goods Sold for the six months ended in Dec. 2018 was A$0.83 Mil. Hence, IoT Group's Days Inventory for the six months ended in Dec. 2018 was 58.55.

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

ASX:IOT' s Days Inventory Range Over the Past 10 Years
Min: 29.88 Med: 29.88 Max: 33.91
Current: 33.91

During the past 8 years, IoT Group's highest Days Inventory was 33.91. The lowest was 29.88. And the median was 29.88.

ASX:IOT's Days Inventory is not ranked
in the Hardware industry.
Industry Median: 102.53 vs ASX:IOT: 33.91

IoT Group's Days Inventory increased from Dec. 2017 (32.73) to Dec. 2018 (58.55). It might indicate that IoT Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. IoT Group's Inventory Turnover for the six months ended in Dec. 2018 was 3.12.

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. IoT Group's Inventory-to-Revenue for the six months ended in Dec. 2018 was 0.60.

IoT Group Days Inventory Historical Data

The historical data trend for IoT 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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IoT Group Days Inventory Chart

IoT Group Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Days Inventory

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59.76

92.77

IoT Group Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18
Days Inventory	Get a 7-Day Free Trial											-	93.88	32.73	87.34	58.55

Competitive Comparison of IoT Group's Days Inventory

For the Consumer Electronics subindustry, IoT 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.

IoT Group's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, IoT Group's Days Inventory distribution charts can be found below:

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

IoT Group Days Inventory Calculation

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

IoT Group's Days Inventory for the fiscal year that ended in Dec. 2018 is calculated as

	Days Inventory (A: Dec. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2017 )	+	Total Inventories (A: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2018 )	*	Days in Period
=	( (0.382	+	0)	/	1 )	/	1.503	*	365
=	0.382					/	1.503	*	365
=	92.77

IoT Group's Days Inventory for the quarter that ended in Dec. 2018 is calculated as:

	Days Inventory (Q: Dec. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2018 )	+	Total Inventories (Q: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2018 )	*	Days in Period
=	( (0.265	+	0)	/	1 )	/	0.826	*	365 / 2
=	0.265					/	0.826	*	365 / 2
=	58.55

IoT Group (ASX:IOT) 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.

IoT Group's Inventory Turnover for the six months ended in Dec. 2018 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.826	/	0.265
	=	3.12

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.

IoT Group's Inventory to Revenue for the six months ended in Dec. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.265	/	0.441
	=	0.60

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.

IoT Group Days Inventory Related Terms

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

IoT Group (ASX:IOT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » IoT Group Ltd (ASX:IOT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 William Street, Suite 902, Level 9, East Sydney, Sydney, NSW, AUS, 2011

Website

http://www.theiotgroup.com

IoT Group Ltd is an Australia-based company which is active in the Internet Of Things Sector. The company focuses on designing and developing a range of selfie drones. The product of the company includes AirSelfie which is pocket size flying camera which connects to a smartphone to take HD (High definition) photos; and Rova, which allows taking flying selfies.