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DTI Group (ASX:DTI) Days Inventory : 353.48 (As of Dec. 2023)


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What is DTI Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). DTI Group's Average Total Inventories for the six months ended in Dec. 2023 was A$4.79 Mil. DTI Group's Cost of Goods Sold for the six months ended in Dec. 2023 was A$2.47 Mil. Hence, DTI Group's Days Inventory for the six months ended in Dec. 2023 was 353.48.

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

ASX:DTI' s Days Inventory Range Over the Past 10 Years
Min: 108.79   Med: 179.71   Max: 262.75
Current: 262.75

During the past 9 years, DTI Group's highest Days Inventory was 262.75. The lowest was 108.79. And the median was 179.71.

ASX:DTI's Days Inventory is ranked worse than
92.95% of 681 companies
in the Business Services industry
Industry Median: 28.55 vs ASX:DTI: 262.75

DTI Group's Days Inventory increased from Dec. 2022 (166.72) to Dec. 2023 (353.48). It might indicate that DTI Group'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. DTI Group's Inventory Turnover for the six months ended in Dec. 2023 was 0.52.

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. DTI Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 1.15.


DTI Group Days Inventory Historical Data

The historical data trend for DTI 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.

DTI Group Days Inventory Chart

DTI Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 139.77 145.18 108.79 136.95 179.71

DTI Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 93.55 181.93 166.72 203.28 353.48

Competitive Comparison of DTI Group's Days Inventory

For the Security & Protection Services subindustry, DTI 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.


DTI Group's Days Inventory Distribution in the Business Services Industry

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

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



DTI Group Days Inventory Calculation

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

DTI Group's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (4.171 + 4.512) / 2 ) / 8.818*365
=4.3415 / 8.818*365
=179.71

DTI 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
=( (4.512 + 5.06) / 2 ) / 2.471*365 / 2
=4.786 / 2.471*365 / 2
=353.48

* 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.


DTI Group  (ASX:DTI) 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.

DTI 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.

DTI 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.


DTI Group Days Inventory Related Terms

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


DTI Group (ASX:DTI) Business Description

Traded in Other Exchanges
N/A
Address
31 Affleck Road, Perth Airport, Perth, WA, AUS, 6105
DTI Group Ltd develops and provides surveillance, video analytics, and passenger information systems technology and services to the mobile transit industry. The customers include transit agencies, vehicle operators, vehicle manufacturers, and law enforcement agencies. Its products and services are classified into four categories surveillance solutions, Passenger communication solutions, Video analytics and Managed Services. Its geographical segments include Australia, Europe & Others, and North America, of which the majority of the revenue is generated from Australia.