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Goodwin (LSE:GDWN) Days Inventory : 123.54 (As of Oct. 2023)


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What is Goodwin Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Goodwin's Average Total Inventories for the six months ended in Oct. 2023 was £48.4 Mil. Goodwin's Cost of Goods Sold for the six months ended in Oct. 2023 was £71.5 Mil. Hence, Goodwin's Days Inventory for the six months ended in Oct. 2023 was 123.54.

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

LSE:GDWN' s Days Inventory Range Over the Past 10 Years
Min: 115.53   Med: 136.44   Max: 167.63
Current: 117.27

During the past 13 years, Goodwin's highest Days Inventory was 167.63. The lowest was 115.53. And the median was 136.44.

LSE:GDWN's Days Inventory is ranked better than
51.14% of 2904 companies
in the Industrial Products industry
Industry Median: 119.805 vs LSE:GDWN: 117.27

Goodwin's Days Inventory increased from Oct. 2022 (116.33) to Oct. 2023 (123.54). It might indicate that Goodwin's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Goodwin's Inventory Turnover for the six months ended in Oct. 2023 was 1.48.

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. Goodwin's Inventory-to-Revenue for the six months ended in Oct. 2023 was 0.50.


Goodwin Days Inventory Historical Data

The historical data trend for Goodwin'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.

Goodwin Days Inventory Chart

Goodwin Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 167.63 158.67 157.18 134.82 115.53

Goodwin Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 135.12 134.06 116.33 112.74 123.54

Competitive Comparison of Goodwin's Days Inventory

For the Specialty Industrial Machinery subindustry, Goodwin'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.


Goodwin's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Goodwin's Days Inventory distribution charts can be found below:

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



Goodwin Days Inventory Calculation

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

Goodwin's Days Inventory for the fiscal year that ended in Apr. 2023 is calculated as

Days Inventory (A: Apr. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Apr. 2022 ) + Total Inventories (A: Apr. 2023 )) / count ) / Cost of Goods Sold (A: Apr. 2023 )*Days in Period
=( (40.364 + 47.955) / 2 ) / 139.521*365
=44.1595 / 139.521*365
=115.53

Goodwin's Days Inventory for the quarter that ended in Oct. 2023 is calculated as:

Days Inventory (Q: Oct. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Apr. 2023 ) + Total Inventories (Q: Oct. 2023 )) / count ) / Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=( (47.955 + 48.835) / 2 ) / 71.493*365 / 2
=48.395 / 71.493*365 / 2
=123.54

* 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.


Goodwin  (LSE:GDWN) 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.

Goodwin'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.

Goodwin'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.


Goodwin Days Inventory Related Terms

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


Goodwin (LSE:GDWN) Business Description

Traded in Other Exchanges
Address
Ivy House Foundry, Hanley, Stoke-on-Trent, Staffordshire, GBR, ST1 3NR
Goodwin PLC is a mechanical component manufacturing company. Its operating segments are the Mechanical Engineering Segment which includes casting, valve, antenna, and pump manufacturer and general engineering, and the Refractory Engineering Segment which consists of powder manufacture and mineral processing. The company generates the majority of its revenue from the Mechanical Engineering Segment. Geographically it has its presence in the UK, the USA, the Pacific Basin, the Rest of Europe, and the Rest of the World.

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