The historical rank and industry rank for Geospace Technologies's Days Inventory or its related term are showing as below:
GEOS'
s Days Inventory Range Over the Past 10 Years
Min: 76.95 Med: 113.53 Max: 383.88
Current: 92.19
During the past 13 years, Geospace Technologies's highest Days Inventory was 383.88. The lowest was 76.95. And the median was 113.53.
GEOS's Days Inventory is ranked worse than 84.25% of 730
companies
in the Oil & Gas industry
Industry Median: 31.41
vs GEOS: 92.19
Geospace Technologies's Days Inventory
declined
from Dec. 2022 (90.32) to Dec. 2023 (66.10).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Geospace Technologies's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.38.
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.
Geospace Technologies's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.40.
Geospace Technologies Days Inventory Historical Data
The historical data trend for Geospace Technologies'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.
Competitive Comparison of Geospace Technologies's Days Inventory
For the Oil & Gas Equipment & Services subindustry, Geospace Technologies'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.
Geospace Technologies's Days Inventory Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Geospace Technologies's Days Inventory distribution charts can be found below:
* The bar in red indicates where Geospace Technologies's Days Inventory falls into.
Geospace Technologies Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Geospace Technologies's Days Inventory for the fiscal year that ended in Sep. 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.
Geospace Technologies (NAS:GEOS) 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.
Geospace Technologies's Inventory Turnover for the
three
months ended in Dec. 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.
Geospace Technologies's Inventory to Revenue for the
three
months ended in Dec. 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.
Geospace Technologies Days Inventory Related Terms
Thank you for viewing the detailed overview of Geospace Technologies's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Geospace Technologies (Geospace Technologies) Business Description
Geospace Technologies Corp is engaged in designing and manufacturing of seismic instruments and non-seismic equipment used in the oil and gas industry. The company has three different segments: oil and gas markets, adjacent markets, and emerging markets. The oil and gas markets segment, which accounts for the majority of the company's revenue, includes traditional exploration products, wireless exploration products, and reservoir characterization products and services. The adjacent markets business is closely tied to the oil and gas markets and includes imaging products and industrial products. The company operates globally across Asia, Canada, Europe, South America and others with more than half of revenue generated within the United States.
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