George Risk Industries (George Risk Industries) Days Inventory

: 412.13 (As of Jan. 2024)

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Days Inventory is also known as Days Sales of Inventory (DSI). George Risk Industries's Average Total Inventories for the three months ended in Jan. 2024 was $12.35 Mil. George Risk Industries's Cost of Goods Sold for the three months ended in Jan. 2024 was $2.73 Mil. Hence, George Risk Industries's Days Inventory for the three months ended in Jan. 2024 was 412.13.

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

RSKIA' s Days Inventory Range Over the Past 10 Years
Min: 150.51 Med: 193.83 Max: 399.44
Current: 399.44

During the past 13 years, George Risk Industries's highest Days Inventory was 399.44. The lowest was 150.51. And the median was 193.83.

RSKIA's Days Inventory is ranked worse than
95.45% of 682 companies
in the Business Services industry
Industry Median: 29.47 vs RSKIA: 399.44

George Risk Industries's Days Inventory increased from Jan. 2023 (372.34) to Jan. 2024 (412.13). It might indicate that George Risk Industries'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. George Risk Industries's Inventory Turnover for the three months ended in Jan. 2024 was 0.22.

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. George Risk Industries's Inventory-to-Revenue for the three months ended in Jan. 2024 was 2.29.

George Risk Industries Days Inventory Historical Data

The historical data trend for George Risk Industries'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.

George Risk Industries Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Inventory

195.55

238.75

213.31

230.88

333.56

George Risk Industries Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Inventory																372.34	392.31	433.77	380.16	412.13

Competitive Comparison

For the Security & Protection Services subindustry, George Risk Industries'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.

George Risk Industries Days Inventory Distribution

For the Business Services industry and Industrials sector, George Risk Industries's Days Inventory distribution charts can be found below:

* The bar in red indicates where George Risk Industries's Days Inventory falls into.

George Risk Industries Days Inventory Calculation

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

George Risk Industries'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
=	( (7.94	+	11.443)	/	2 )	/	10.605	*	365
=	9.6915					/	10.605	*	365
=	333.56

George Risk Industries's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

	Days Inventory (Q: Jan. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (12.608	+	12.088)	/	2 )	/	2.734	*	365 / 4
=	12.348					/	2.734	*	365 / 4
=	412.13

George Risk Industries (OTCPK:RSKIA) 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.

George Risk Industries's Inventory Turnover for the three months ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.734	/	12.348
	=	0.22

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.

George Risk Industries's Inventory to Revenue for the three months ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	12.348	/	5.394
	=	2.29

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.

George Risk Industries Days Inventory Related Terms

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

George Risk Industries (George Risk Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » George Risk Industries Inc (OTCPK:RSKIA) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

802 South Elm Street, Kimball, NE, USA, 69145

Website

https://www.grisk.com

George Risk Industries Inc manufactures security products. The company is engaged in the designing, manufacturing, and sale of various products which include magnetic reed switches as well as keyboards and keyboard switches, proximity sensors, security alarm components, pool access alarms, liquid detection sensors, raceway wire covers, wire, and cable installation tools and various other sensors and devices. These security products are used in alarm system installations in the residential, commercial, industrial, and government sectors and generate maximum revenue for the company.

Executives

Bonita Risk Family Irrevocable Trust	10 percent owner	705 JEFFERSON ST., KIMBALL NE 69145
Kenneth R. Risk Revocable Trust Now Irrevocable	10 percent owner	214 W. 9TH ST., KIMBALL NE 69145
Bonita Pauline Risk	director	802 S. ELM ST., KIMBALL NE 69145
Stephanie Maire Risk-mcelroy	officer: Chief Financial Officer	802 S. ELM ST., KIMBALL NE 69145
Sharon Alberta Westby	officer: Secretary	802 S. ELM ST., KIMBALL NE 69145
Donna Dean Debowey	director	802 S. ELM ST., KIMBALL NE 69145
Daniel Roger Douglas	officer: Vice President, Materials	802 S. ELM ST., KIMBALL NE 69145