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Desert Control AS (Desert Control AS) Days Inventory : 0.00 (As of Dec. 2023)


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What is Desert Control AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Desert Control AS's Average Total Inventories for the three months ended in Dec. 2023 was $0.02 Mil. Desert Control AS's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.00 Mil.

The historical rank and industry rank for Desert Control AS's Days Inventory or its related term are showing as below:

DRTFF' s Days Inventory Range Over the Past 10 Years
Min: 203.55   Med: 1263.4   Max: 2323.25
Current: 351.61

During the past 5 years, Desert Control AS's highest Days Inventory was 2323.25. The lowest was 203.55. And the median was 1263.40.

DRTFF's Days Inventory is ranked worse than
94.76% of 229 companies
in the Agriculture industry
Industry Median: 111.24 vs DRTFF: 351.61

Desert Control AS's Days Inventory declined from Dec. 2022 (40.36) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Desert Control AS's Inventory Turnover for the three months ended in Dec. 2023 was 0.00.

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.


Desert Control AS Days Inventory Historical Data

The historical data trend for Desert Control AS'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.

* Premium members only.

Desert Control AS Days Inventory Chart

Desert Control AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
- - - 203.16 2,433.33

Desert Control AS Quarterly Data
Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.36 76.40 - - -

Competitive Comparison of Desert Control AS's Days Inventory

For the Agricultural Inputs subindustry, Desert Control AS'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.


Desert Control AS's Days Inventory Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Desert Control AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Desert Control AS's Days Inventory falls into.



Desert Control AS Days Inventory Calculation

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

Desert Control AS's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0.059 + 0.021) / 2 ) / 0.006*365
=0.04 / 0.006*365
=2,433.33

Desert Control AS's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.021 + 0.021) / 2 ) / 0*365 / 4
=0.021 / 0*365 / 4
=N/A

* 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.


Desert Control AS  (GREY:DRTFF) 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.

Desert Control AS'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.

Desert Control AS'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.


Desert Control AS Days Inventory Related Terms

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


Desert Control AS (Desert Control AS) Business Description

Traded in Other Exchanges
Address
Grenseveien 21, Sandnes, NOR, 4313
Desert Control AS is a climate technology company specialized in reclaiming degraded soil and turning desert sand into fertile soil. The patented product LNC (Liquid Natural Clay) is a liquid clay compound that enables sand and degraded soil to retain water and nutrients.