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Nanoco Group (FRA:GXG) Days Inventory : 161.51 (As of Jan. 2024)


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What is Nanoco Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nanoco Group's Average Total Inventories for the six months ended in Jan. 2024 was €0.44 Mil. Nanoco Group's Cost of Goods Sold for the six months ended in Jan. 2024 was €0.50 Mil. Hence, Nanoco Group's Days Inventory for the six months ended in Jan. 2024 was 161.51.

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

FRA:GXG' s Days Inventory Range Over the Past 10 Years
Min: 55.61   Med: 161.79   Max: 428.93
Current: 134.44

During the past 13 years, Nanoco Group's highest Days Inventory was 428.93. The lowest was 55.61. And the median was 161.79.

FRA:GXG's Days Inventory is ranked worse than
52.07% of 941 companies
in the Semiconductors industry
Industry Median: 130.44 vs FRA:GXG: 134.44

Nanoco Group's Days Inventory increased from Jan. 2023 (52.44) to Jan. 2024 (161.51). It might indicate that Nanoco Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nanoco Group's Inventory Turnover for the six months ended in Jan. 2024 was 1.13.

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. Nanoco Group's Inventory-to-Revenue for the six months ended in Jan. 2024 was 0.10.


Nanoco Group Days Inventory Historical Data

The historical data trend for Nanoco 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.

Nanoco Group Days Inventory Chart

Nanoco Group Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 122.41 193.97 129.58 55.46 104.29

Nanoco Group Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 Premium Member Only 146.00 26.72 52.44 106.16 161.51

Competitive Comparison of Nanoco Group's Days Inventory

For the Semiconductor Equipment & Materials subindustry, Nanoco 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.


Nanoco Group's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Nanoco Group's Days Inventory distribution charts can be found below:

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



Nanoco Group Days Inventory Calculation

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

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

Days Inventory (A: Jul. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jul. 2022 ) + Total Inventories (A: Jul. 2023 )) / count ) / Cost of Goods Sold (A: Jul. 2023 )*Days in Period
=( (0.205 + 0.359) / 2 ) / 0.987*365
=0.282 / 0.987*365
=104.29

Nanoco Group'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: Jul. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (0.359 + 0.526) / 2 ) / 0.5*365 / 2
=0.4425 / 0.5*365 / 2
=161.51

* 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.


Nanoco Group  (FRA:GXG) 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.

Nanoco Group's Inventory Turnover for the six months ended in Jan. 2024 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.

Nanoco Group's Inventory to Revenue for the six months ended in Jan. 2024 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.


Nanoco Group Days Inventory Related Terms

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


Nanoco Group (FRA:GXG) Business Description

Traded in Other Exchanges
Address
The Heath Business & Technical Park, Heath Road South, Science Centre, Runcorn, GBR, WA7 4QE
Nanoco Group PLC is a UK-based company which is engaged in research, development, and manufacturing of heavy-metal-free quantum dots and semiconductor nanoparticles. Its products include cadmium-free quantum dots, CFQD quantum dot films, and nanoparticles which offer the potential for display, lighting, solar and biological imaging applications. The company's revenue comes from joint development agreements, individual project development programs and the sale of quantum dot products. Geographically, the company generates majority of its revenue from its business in South Korea and also has its presence in Taiwan, France, Holland, United Kingdom, Japan and other countries.

Nanoco Group (FRA:GXG) Headlines