GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Team17 Group PLC (LSE:TM17) » Definitions » Days Inventory

Team17 Group (LSE:TM17) Days Inventory : 2.77 (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Team17 Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Team17 Group's Average Total Inventories for the six months ended in Dec. 2023 was £0.9 Mil. Team17 Group's Cost of Goods Sold for the six months ended in Dec. 2023 was £62.1 Mil. Hence, Team17 Group's Days Inventory for the six months ended in Dec. 2023 was 2.77.

The historical rank and industry rank for Team17 Group's Days Inventory or its related term are showing as below:

LSE:TM17' s Days Inventory Range Over the Past 10 Years
Min: 3.73   Med: 5.26   Max: 6.59
Current: 3.73

During the past 9 years, Team17 Group's highest Days Inventory was 6.59. The lowest was 3.73. And the median was 5.26.

LSE:TM17's Days Inventory is ranked better than
75.1% of 241 companies
in the Interactive Media industry
Industry Median: 17.6 vs LSE:TM17: 3.73

Team17 Group's Days Inventory declined from Dec. 2022 (4.99) to Dec. 2023 (2.77).

Inventory Turnover measures how fast the company turns over its inventory within a year. Team17 Group's Inventory Turnover for the six months ended in Dec. 2023 was 65.77.

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. Team17 Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.01.


Team17 Group Days Inventory Historical Data

The historical data trend for Team17 Group'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.

Team17 Group Days Inventory Chart

Team17 Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only - - - 6.59 3.92

Team17 Group Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 6.38 4.99 4.98 2.77

Competitive Comparison of Team17 Group's Days Inventory

For the Electronic Gaming & Multimedia subindustry, Team17 Group'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.


Team17 Group's Days Inventory Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Team17 Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Team17 Group's Days Inventory falls into.



Team17 Group Days Inventory Calculation

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

Team17 Group'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
=( (1.225 + 0.96) / 2 ) / 101.62*365
=1.0925 / 101.62*365
=3.92

Team17 Group'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
=( (0.929 + 0.96) / 2 ) / 62.119*365 / 2
=0.9445 / 62.119*365 / 2
=2.77

* 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.


Team17 Group  (LSE:TM17) 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.

Team17 Group'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.

Team17 Group'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.


Team17 Group Days Inventory Related Terms

Thank you for viewing the detailed overview of Team17 Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Team17 Group (LSE:TM17) Business Description

Traded in Other Exchanges
Address
Paragon Business Park, 3 Red Hall Avenue, Wakefield, West Yorkshire, GBR, WF1 2UL
Team17 Group PLC is a video game label and creative partner for independent developers. The company supports both owned first party IP and third-party IP-through partnering with indie developers globally. The company focuses on premium, rather than free to play games, and its portfolio comprises over 90 games, including the iconic and well-established Worms franchise, as well as Overcooked and The Escapists. The company has three reportable segments such as Games Label, Simulation and Edutainment. Games label segment is involved in Developing and publishing video games for the digital and physical market, Simulation segment works on Developing and publishing simulation games for the digital and physical market.

Team17 Group (LSE:TM17) Headlines

No Headlines