Days Inventory is also known as Days Sales of Inventory (DSI). ITM Power's Average Total Inventories for the
six
months ended in Oct. 2023 was $83.43 Mil. ITM Power's Cost of Goods Sold for the
six
months ended in Oct. 2023 was $20.74 Mil.
Hence, ITM Power's Days Inventory for the
six
months ended in Oct. 2023 was 734.02.
The historical rank and industry rank for ITM Power's Days Inventory or its related term are showing as below:
ITMPF'
s Days Inventory Range Over the Past 10 Years
Min: 75.11 Med: 107.95 Max: 413.61
Current: 413.61
During the past 13 years, ITM Power's highest Days Inventory was 413.61. The lowest was 75.11. And the median was 107.95.
ITMPF's Days Inventory is ranked worse than 94.97% of 2905
companies
in the Industrial Products industry
Industry Median: 120.1
vs ITMPF: 413.61
ITM Power's Days Inventory
increased
from Oct. 2022 (160.57) to Oct. 2023 (734.02).
It might indicate that ITM Power's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
ITM Power's Inventory Turnover for the
six
months ended in Oct. 2023 was 0.25.
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.
ITM Power's Inventory-to-Revenue for the
six
months ended in Oct. 2023 was 7.71.
ITM Power Days Inventory Historical Data
The historical data trend for ITM Power'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 ITM Power's Days Inventory
For the Specialty Industrial Machinery subindustry, ITM Power'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.
ITM Power's Days Inventory Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, ITM Power's Days Inventory distribution charts can be found below:
* The bar in red indicates where ITM Power's Days Inventory falls into.
ITM Power Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
ITM Power's Days Inventory for the fiscal year that ended in Apr. 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.
ITM Power (OTCPK:ITMPF) 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.
ITM Power's Inventory Turnover for the
six
months ended in Oct. 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.
ITM Power's Inventory to Revenue for the
six
months ended in Oct. 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.
ITM Power Days Inventory Related Terms
Thank you for viewing the detailed overview of ITM Power's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
ITM Power PLC designs and manufactures integrated hydrogen energy systems for energy storage and clean fuel production. The company is also involved in the research and development of scientific and engineering projects; the development and manufacture of prototype products; and the sale of electrolyzer products such as HGas, HFuel, HPac. It offers a range of services including construction, consulting, and other services. Its primary geographic markets are the United Kingdom, the Rest of Europe, Germany, and with maximum revenue from the United Kingdom.
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