Liberty Defense Holdings (FRA:LD2A) Days Inventory : 148.97 (As of Mar. 2024)

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What is Liberty Defense Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Liberty Defense Holdings's Average Total Inventories for the three months ended in Mar. 2024 was €1.11 Mil. Liberty Defense Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was €0.68 Mil. Hence, Liberty Defense Holdings's Days Inventory for the three months ended in Mar. 2024 was 148.97.

The historical rank and industry rank for Liberty Defense Holdings's Days Inventory or its related term are showing as below:

FRA:LD2A' s Days Inventory Range Over the Past 10 Years
Min: 117.65 Med: 117.65 Max: 140.07
Current: 140.07

During the past 12 years, Liberty Defense Holdings's highest Days Inventory was 140.07. The lowest was 117.65. And the median was 117.65.

FRA:LD2A's Days Inventory is ranked worse than
82.89% of 684 companies
in the Business Services industry
Industry Median: 28.405 vs FRA:LD2A: 140.07

Liberty Defense Holdings's Days Inventory increased from Mar. 2023 (128.85) to Mar. 2024 (148.97). It might indicate that Liberty Defense Holdings'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. Liberty Defense Holdings's Inventory Turnover for the three months ended in Mar. 2024 was 0.61.

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. Liberty Defense Holdings's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.91.

Liberty Defense Holdings Days Inventory Historical Data

The historical data trend for Liberty Defense Holdings'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.

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Liberty Defense Holdings Days Inventory Chart

Liberty Defense Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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118.24

Liberty Defense Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															128.85	-	344.44	71.60	148.97

Competitive Comparison of Liberty Defense Holdings's Days Inventory

For the Security & Protection Services subindustry, Liberty Defense Holdings'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.

Liberty Defense Holdings's Days Inventory Distribution in the Business Services Industry

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

* The bar in red indicates where Liberty Defense Holdings's Days Inventory falls into.

Liberty Defense Holdings Days Inventory Calculation

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

Liberty Defense Holdings's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0.459	+	1.151)	/	2 )	/	2.485	*	365
=	0.805					/	2.485	*	365
=	118.24

Liberty Defense Holdings's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1.151	+	1.066)	/	2 )	/	0.679	*	365 / 4
=	1.1085					/	0.679	*	365 / 4
=	148.97

Liberty Defense Holdings (FRA:LD2A) 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.

Liberty Defense Holdings's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.679	/	1.1085
	=	0.61

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.

Liberty Defense Holdings's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.1085	/	0.581
	=	1.91

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.

Liberty Defense Holdings Days Inventory Related Terms

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

Liberty Defense Holdings (FRA:LD2A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Liberty Defense Holdings Ltd (FRA:LD2A) » Definitions » Days Inventory

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Traded in Other Exchanges

LDDFF:USA SCAN:Canada

Address

187 Ballardvale Street, Suite 110, Wilmington, MA, USA, 01887

Website

https://www.libertydefense.com

Liberty Defense Holdings Ltd provides multi-technology security solutions for concealed weapons and threat detection in high-volume foot traffic areas and locations requiring enhanced walk-through security such as airports, stadiums, and schools. Liberty's HEXWAVE product, licensed from the Massachusetts Institute of Technology, with patents related to active 3D radar imaging technology, provides layered, stand-off detection capability of metallic and non-metallic weapons. The company has also licensed the millimeter wave-based, High-Definition Advanced Imaging Technology body scanner and shoe scanner technologies as part of its technology portfolio. It is committed towards protecting communities and preserving peace of mind through next-generation security detection solutions.

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