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Dicker Data (ASX:DDR) Days Inventory

: 43.32 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Dicker Data's Average Total Inventories for the six months ended in Dec. 2023 was A$236 Mil. Dicker Data's Cost of Goods Sold for the six months ended in Dec. 2023 was A$992 Mil. Hence, Dicker Data's Days Inventory for the six months ended in Dec. 2023 was 43.32.

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

ASX:DDR' s Days Inventory Range Over the Past 10 Years
Min: 23.6   Med: 30.03   Max: 45.86
Current: 45.86

During the past 13 years, Dicker Data's highest Days Inventory was 45.86. The lowest was 23.60. And the median was 30.03.

ASX:DDR's Days Inventory is ranked better than
84.69% of 2404 companies
in the Hardware industry
Industry Median: 104.28 vs ASX:DDR: 45.86

Dicker Data's Days Inventory increased from Dec. 2022 (30.50) to Dec. 2023 (43.32). It might indicate that Dicker Data's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dicker Data's Inventory Turnover for the six months ended in Dec. 2023 was 4.21.

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. Dicker Data's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.20.


Dicker Data Days Inventory Historical Data

The historical data trend for Dicker Data'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.

Dicker Data Annual Data
Trend Jun14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.77 23.60 25.52 29.96 45.12

Dicker Data Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.18 30.07 30.50 49.27 43.32

Competitive Comparison

For the Electronics & Computer Distribution subindustry, Dicker Data'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.


Dicker Data Days Inventory Distribution

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

* The bar in red indicates where Dicker Data's Days Inventory falls into.



Dicker Data Days Inventory Calculation

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

Dicker Data'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
=( (261.703 + 218.885) / 2 ) / 1943.845*365
=240.294 / 1943.845*365
=45.12

Dicker Data'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (252.168 + 218.885) / 2 ) / 992.128*365 / 2
=235.5265 / 992.128*365 / 2
=43.32

* 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.


Dicker Data  (ASX:DDR) 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.

Dicker Data'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.

Dicker Data'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.


Dicker Data Days Inventory Related Terms

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


Dicker Data (ASX:DDR) Business Description

Traded in Other Exchanges
Address
238 Captain Cook Drive, Kurnell, Sydney, NSW, AUS, 2231
Dicker Data Ltd is engaged in the wholesale distribution of computer hardware, software, and related products. The business is geographically organized into Australia and New Zealand and generates maximum revenue in Australia.

Dicker Data (ASX:DDR) Headlines

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