GETECH Group (FRA:3AS) Days Inventory : 0.00 (As of Jun. 2023)

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What is GETECH Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). GETECH Group's Average Total Inventories for the six months ended in Jun. 2023 was €0.00 Mil. GETECH Group's Cost of Goods Sold for the six months ended in Jun. 2023 was €1.23 Mil. Hence, GETECH Group's Days Inventory for the six months ended in Jun. 2023 was 0.00.

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

During the past 13 years, GETECH Group's highest Days Inventory was 36.13. The lowest was 16.37. And the median was 29.69.

FRA:3AS's Days Inventory is not ranked ^*
in the Oil & Gas industry.
Industry Median: 32.36
* Ranked among companies with meaningful Days Inventory only.

GETECH Group's Days Inventory stayed the same from Jun. 2022 (0.00) to Jun. 2023 (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. GETECH Group's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.00.

GETECH Group Days Inventory Historical Data

The historical data trend for GETECH 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.

GETECH Group Days Inventory Chart

GETECH Group Annual Data

Trend

Jul12

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Jul14

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Jul16

Dec18

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Dec20

Dec21

Dec22

Days Inventory

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GETECH Group Semi-Annual Data
	Jul13	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of GETECH Group's Days Inventory

For the Oil & Gas Equipment & Services subindustry, GETECH 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.

GETECH Group's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, GETECH Group's Days Inventory distribution charts can be found below:

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

GETECH Group Days Inventory Calculation

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

GETECH Group's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	4.233	*	365
=	0					/	4.233	*	365
=	0.00

GETECH Group's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	1.233	*	365 / 2
=	0					/	1.233	*	365 / 2
=	0.00

GETECH Group (FRA:3AS) 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.

GETECH Group's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.233	/	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.

GETECH Group's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	2.157
	=	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.

GETECH Group Days Inventory Related Terms

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GETECH Group (FRA:3AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » GETECH Group PLC (FRA:3AS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

GTC:UK 3AS:Germany

Address

Elmete Lane, Kitson House, Elmete Hall, West Yorkshire, Leeds, GBR, LS8 2LJ

Website

https://www.getech.com

GETECH Group PLC is a UK-based geosciences service provider company. It is engaged in the provision of geological services, reports, and data to the petroleum and mining industries to assist in their exploration activities. The company organizes its operations into two main segments: Products and Services. It derives its revenue from the Product segment. It has operations in the Americas, the United Kingdom, the Rest of Europe, Asia-Pacific, Africa, and others.

GETECH Group (FRA:3AS) Headlines

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