Dar Global (LSE:DAR) Days Inventory : 315.66 (As of Dec. 2023)

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What is Dar Global Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dar Global's Average Total Inventories for the six months ended in Dec. 2023 was $261.9 Mil. Dar Global's Cost of Goods Sold for the six months ended in Dec. 2023 was $151.4 Mil. Hence, Dar Global's Days Inventory for the six months ended in Dec. 2023 was 315.66.

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

LSE:DAR' s Days Inventory Range Over the Past 10 Years
Min: 442.51 Med: 1072.41 Max: 1702.3
Current: 469.39

During the past 5 years, Dar Global's highest Days Inventory was 1702.30. The lowest was 442.51. And the median was 1072.41.

LSE:DAR's Days Inventory is ranked better than
59.41% of 1318 companies
in the Real Estate industry
Industry Median: 699.07 vs LSE:DAR: 469.39

Dar Global's Days Inventory declined from Dec. 2022 (1,312.03) to Dec. 2023 (315.66).

Inventory Turnover measures how fast the company turns over its inventory within a year. Dar Global's Inventory Turnover for the six months ended in Dec. 2023 was 0.58.

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. Dar Global's Inventory-to-Revenue for the six months ended in Dec. 2023 was 1.04.

Dar Global Days Inventory Historical Data

The historical data trend for Dar Global'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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Dar Global Days Inventory Chart

Dar Global Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

1,702.30

442.51

Dar Global Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial			-	2,383.58	1,312.03	886.61	315.66

Competitive Comparison of Dar Global's Days Inventory

For the Real Estate - Development subindustry, Dar Global'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.

Dar Global's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Dar Global's Days Inventory distribution charts can be found below:

* The bar in red indicates where Dar Global's Days Inventory falls into.

Dar Global Days Inventory Calculation

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

Dar Global'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
=	( (302.275	+	216.931)	/	2 )	/	214.132	*	365
=	259.603					/	214.132	*	365
=	442.51

Dar Global's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (306.919	+	216.931)	/	2 )	/	151.433	*	365 / 2
=	261.925					/	151.433	*	365 / 2
=	315.66

Dar Global (LSE:DAR) 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.

Dar Global's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	151.433	/	261.925
	=	0.58

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.

Dar Global's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	261.925	/	252.156
	=	1.04

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.

Dar Global Days Inventory Related Terms

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

Dar Global (LSE:DAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Dar Global PLC (LSE:DAR) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

65 Gresham Street, Link Company Matters Limited, 6th Floor, London, GBR, EC2V 7NQ

Website

https://www.darglobal.co.uk

Dar Global PLC is an international real estate developer. The Group's business model focuses on development of real estate projects comprising second homes typically in prime locations in the Middle East and Europe.