The GO2 People (ASX:GO2) Days Inventory : 0.00 (As of Dec. 2022)

View and export this data going back to 2017. Start your Free Trial

What is The GO2 People Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). The GO2 People's Average Total Inventories for the six months ended in Dec. 2022 was A$0.00 Mil. The GO2 People's Cost of Goods Sold for the six months ended in Dec. 2022 was A$36.51 Mil. Hence, The GO2 People's Days Inventory for the six months ended in Dec. 2022 was 0.00.

The historical rank and industry rank for The GO2 People's Days Inventory or its related term are showing as below:

ASX:GO2's Days Inventory is not ranked ^*
in the Business Services industry.
Industry Median: 29.735
* Ranked among companies with meaningful Days Inventory only.

The GO2 People's Days Inventory stayed the same from Dec. 2021 (0.00) to Dec. 2022 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. The GO2 People's Inventory-to-Revenue for the six months ended in Dec. 2022 was 0.00.

The GO2 People Days Inventory Historical Data

The historical data trend for The GO2 People'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.

The GO2 People Days Inventory Chart

The GO2 People Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Days Inventory

2.69

2.30

3.30

The GO2 People Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Days Inventory	Get a 7-Day Free Trial						-	-	-	-	-

Competitive Comparison of The GO2 People's Days Inventory

For the Staffing & Employment Services subindustry, The GO2 People'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.

The GO2 People's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, The GO2 People's Days Inventory distribution charts can be found below:

* The bar in red indicates where The GO2 People's Days Inventory falls into.

The GO2 People Days Inventory Calculation

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

The GO2 People's Days Inventory for the fiscal year that ended in Jun. 2022 is calculated as

	Days Inventory (A: Jun. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2021 )	+	Total Inventories (A: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2022 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	53.089	*	365
=	0					/	53.089	*	365
=	0.00

The GO2 People's Days Inventory for the quarter that ended in Dec. 2022 is calculated as:

	Days Inventory (Q: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	36.508	*	365 / 2
=	0					/	36.508	*	365 / 2
=	0.00

The GO2 People (ASX:GO2) 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.

The GO2 People's Inventory Turnover for the six months ended in Dec. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	36.508	/	0
	=

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.

The GO2 People's Inventory to Revenue for the six months ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	43.17
	=	0.00

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.

The GO2 People Days Inventory Related Terms

Thank you for viewing the detailed overview of The GO2 People's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

The GO2 People (ASX:GO2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » The GO2 People Ltd (ASX:GO2) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

3/271 Berkshire Road, Forrestfield, Perth, WA, AUS, 6058

Website

https://www.thego2people.com.au

The GO2 People Ltd is one of the providers of vertically integrated recruitment and building services to industries throughout Australia. The company derives a majority of its revenue from Recruitment income.

The GO2 People (ASX:GO2) Headlines

No Headlines