Trakm8 Holdings (LSE:TRAK) Days Inventory : 169.70 (As of Sep. 2023)

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What is Trakm8 Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Trakm8 Holdings's Average Total Inventories for the six months ended in Sep. 2023 was £2.62 Mil. Trakm8 Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was £2.82 Mil. Hence, Trakm8 Holdings's Days Inventory for the six months ended in Sep. 2023 was 169.70.

The historical rank and industry rank for Trakm8 Holdings's Days Inventory or its related term are showing as below:

LSE:TRAK' s Days Inventory Range Over the Past 10 Years
Min: 51.67 Med: 82.4 Max: 119.03
Current: 119.03

During the past 13 years, Trakm8 Holdings's highest Days Inventory was 119.03. The lowest was 51.67. And the median was 82.40.

LSE:TRAK's Days Inventory is ranked worse than
57.62% of 2407 companies
in the Hardware industry
Industry Median: 102.45 vs LSE:TRAK: 119.03

Trakm8 Holdings's Days Inventory increased from Sep. 2022 (64.45) to Sep. 2023 (169.70). It might indicate that Trakm8 Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Trakm8 Holdings's Inventory Turnover for the six months ended in Sep. 2023 was 1.08.

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. Trakm8 Holdings's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.31.

Trakm8 Holdings Days Inventory Historical Data

The historical data trend for Trakm8 Holdings'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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Trakm8 Holdings Days Inventory Chart

Trakm8 Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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108.64

109.14

94.84

71.16

88.76

Trakm8 Holdings 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															79.76	64.14	64.45	87.94	169.70

Competitive Comparison of Trakm8 Holdings's Days Inventory

For the Scientific & Technical Instruments subindustry, Trakm8 Holdings'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.

Trakm8 Holdings's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Trakm8 Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Trakm8 Holdings's Days Inventory falls into.

Trakm8 Holdings Days Inventory Calculation

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

Trakm8 Holdings's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (1.322	+	2.426)	/	2 )	/	7.706	*	365
=	1.874					/	7.706	*	365
=	88.76

Trakm8 Holdings'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
=	( (2.426	+	2.813)	/	2 )	/	2.817	*	365 / 2
=	2.6195					/	2.817	*	365 / 2
=	169.70

Trakm8 Holdings (LSE:TRAK) 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.

Trakm8 Holdings's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.817	/	2.6195
	=	1.08

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.

Trakm8 Holdings's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.6195	/	8.537
	=	0.31

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.

Trakm8 Holdings Days Inventory Related Terms

Thank you for viewing the detailed overview of Trakm8 Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Trakm8 Holdings (LSE:TRAK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Trakm8 Holdings PLC (LSE:TRAK) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Roman Park, Roman Way, Coleshill, Birmingham, West Midlands, GBR, B46 1HG

Website

https://www.trakm8.com

Trakm8 Holdings PLC is a UK-based company. The company through its subsidiaries is engaged in developing, manufacturing, marketing, and distribution of vehicle telematics devices and services. Its operating segment includes Integrated Telematics Technology. The company generates maximum revenue from Fleet and optimization and Insurance and automotive solutions. Geographically, it derives the majority of its revenue from the United Kingdom and has a presence in North America, Norway, the Rest of Europe, and the Rest of the World.