Days Inventory is also known as Days Sales of Inventory (DSI). Smart Parking's Average Total Inventories for the
six
months ended in Dec. 2023 was A$0.71 Mil. Smart Parking's Cost of Goods Sold for the
six
months ended in Dec. 2023 was A$0.85 Mil.
Hence, Smart Parking's Days Inventory for the
six
months ended in Dec. 2023 was 152.51.
The historical rank and industry rank for Smart Parking's Days Inventory or its related term are showing as below:
ASX:SPZ'
s Days Inventory Range Over the Past 10 Years
Min: 97.02 Med: 147.34 Max: 380
Current: 97.65
During the past 13 years, Smart Parking's highest Days Inventory was 380.00. The lowest was 97.02. And the median was 147.34.
ASX:SPZ's Days Inventory is ranked worse than 69.77% of 1396
companies
in the Construction industry
Industry Median: 48.905
vs ASX:SPZ: 97.65
Smart Parking's Days Inventory
increased
from Dec. 2022 (99.79) to Dec. 2023 (152.51).
It might indicate that Smart Parking's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Smart Parking's Inventory Turnover for the
six
months ended in Dec. 2023 was 1.20.
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.
Smart Parking's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.03.
Smart Parking Days Inventory Historical Data
The historical data trend for Smart Parking'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 Smart Parking's Days Inventory
For the Infrastructure Operations subindustry, Smart Parking'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.
Smart Parking's Days Inventory Distribution in the Construction Industry
For the Construction industry and Industrials sector, Smart Parking's Days Inventory distribution charts can be found below:
* The bar in red indicates where Smart Parking's Days Inventory falls into.
Smart Parking Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Smart Parking's Days Inventory for the fiscal year that ended in Jun. 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.
Smart Parking (ASX:SPZ) 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.
Smart Parking's Inventory Turnover for the
six
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.
Smart Parking's Inventory to Revenue for the
six
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.
Smart Parking Days Inventory Related Terms
Thank you for viewing the detailed overview of Smart Parking's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Smart Parking Ltd engages in the provision of design, development, and management of parking technology. It operates through three segments. The Technology segment consists of the sale of Smart City and IoT technology products and solutions predominantly to the parking market globally; the Parking Management segment, which is the key revenue driver, consists of the provision of car parking management services on behalf of third party car park owners and on sites leased by the company and managed on its own behalf in the UK; and Research and Development segment includes costs to research, develop and enhance software/hardware for both the Technology and Parking Management divisions. Geographically, it has a presence in North America; UK and Europe; Asia, and Australia.
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