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Galaxy Next Generation (Galaxy Next Generation) Days Inventory : 100.82 (As of Mar. 2023)


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What is Galaxy Next Generation Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Galaxy Next Generation's Average Total Inventories for the three months ended in Mar. 2023 was $0.85 Mil. Galaxy Next Generation's Cost of Goods Sold for the three months ended in Mar. 2023 was $0.77 Mil. Hence, Galaxy Next Generation's Days Inventory for the three months ended in Mar. 2023 was 100.82.

The historical rank and industry rank for Galaxy Next Generation's Days Inventory or its related term are showing as below:

GAXYQ's Days Inventory is not ranked *
in the Hardware industry.
Industry Median: 101.86
* Ranked among companies with meaningful Days Inventory only.

Galaxy Next Generation's Days Inventory declined from Mar. 2022 (104.60) to Mar. 2023 (100.82).

Inventory Turnover measures how fast the company turns over its inventory within a year. Galaxy Next Generation's Inventory Turnover for the three months ended in Mar. 2023 was 0.91.

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. Galaxy Next Generation's Inventory-to-Revenue for the three months ended in Mar. 2023 was 1.30.


Galaxy Next Generation Days Inventory Historical Data

The historical data trend for Galaxy Next Generation'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.

Galaxy Next Generation Days Inventory Chart

Galaxy Next Generation Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Jun19 Jun20 Jun21 Jun22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 134.14 222.82 351.83 230.01

Galaxy Next Generation Quarterly Data
Mar18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 104.60 176.09 328.80 300.02 100.82

Competitive Comparison of Galaxy Next Generation's Days Inventory

For the Consumer Electronics subindustry, Galaxy Next Generation'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.


Galaxy Next Generation's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Galaxy Next Generation's Days Inventory distribution charts can be found below:

* The bar in red indicates where Galaxy Next Generation's Days Inventory falls into.



Galaxy Next Generation Days Inventory Calculation

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

Galaxy Next Generation'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
=( (3.268 + 1.002) / 2 ) / 3.388*365
=2.135 / 3.388*365
=230.01

Galaxy Next Generation's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

Days Inventory (Q: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (1.219 + 0.487) / 2 ) / 0.772*365 / 4
=0.853 / 0.772*365 / 4
=100.82

* 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.


Galaxy Next Generation  (OTCPK:GAXYQ) 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.

Galaxy Next Generation's Inventory Turnover for the three months ended in Mar. 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.

Galaxy Next Generation's Inventory to Revenue for the three months ended in Mar. 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.


Galaxy Next Generation Days Inventory Related Terms

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


Galaxy Next Generation (Galaxy Next Generation) Business Description

Traded in Other Exchanges
N/A
Address
286 Big A Road, Toccoa, GA, USA, 30577
Galaxy Next Generation Inc is a distributor of interactive learning technology hardware and software that allows the presenter and participant to engage in a fully collaborative instructional environment. Its products include its own private-label interactive touch screen panel as well as numerous other national and international branded peripheral and communication devices.
Executives
Magen Mcgahee director, 10 percent owner, officer: COO C/O GALAXY NEXT GENERATION, INC., 285 N. BIG A ROAD, TOCCOA GA 30577
Gary Lecroy director, 10 percent owner, officer: CEO 385 BIG A ROAD, TOCCA GA 30557
Keith Watson 10 percent owner 188 WHIPPOORWILL LANE, TOCCOA GA GA 30577
Watson Kevin Collier 10 percent owner 5086 HWY. 1]84 NORTH, TOCCOA GA GA 30577