Invinity Energy Systems (LSE:IES) Days Inventory : 67.93 (As of Jun. 2023)

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What is Invinity Energy Systems Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Invinity Energy Systems's Average Total Inventories for the six months ended in Jun. 2023 was £6.75 Mil. Invinity Energy Systems's Cost of Goods Sold for the six months ended in Jun. 2023 was £18.14 Mil. Hence, Invinity Energy Systems's Days Inventory for the six months ended in Jun. 2023 was 67.93.

The historical rank and industry rank for Invinity Energy Systems's Days Inventory or its related term are showing as below:

LSE:IES' s Days Inventory Range Over the Past 10 Years
Min: 88.31 Med: 184.7 Max: 974.16
Current: 135.08

During the past 5 years, Invinity Energy Systems's highest Days Inventory was 974.16. The lowest was 88.31. And the median was 184.70.

LSE:IES's Days Inventory is ranked worse than
84.24% of 330 companies
in the Utilities - Independent Power Producers industry
Industry Median: 30.765 vs LSE:IES: 135.08

Invinity Energy Systems's Days Inventory declined from Jun. 2022 (287.02) to Jun. 2023 (67.93).

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. Invinity Energy Systems's Inventory Turnover for the six months ended in Jun. 2023 was 2.69.

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. Invinity Energy Systems's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.46.

Invinity Energy Systems Days Inventory Historical Data

The historical data trend for Invinity Energy Systems'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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Invinity Energy Systems Days Inventory Chart

Invinity Energy Systems Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

88.31

505.03

151.66

184.70

974.16

Invinity Energy Systems Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial					517.08	142.74	287.02	-	67.93

Competitive Comparison of Invinity Energy Systems's Days Inventory

For the Utilities - Renewable subindustry, Invinity Energy Systems'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.

Invinity Energy Systems's Days Inventory Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Invinity Energy Systems's Days Inventory distribution charts can be found below:

* The bar in red indicates where Invinity Energy Systems's Days Inventory falls into.

Invinity Energy Systems Days Inventory Calculation

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

Invinity Energy Systems's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (5.797	+	9.827)	/	2 )	/	2.927	*	365
=	7.812					/	2.927	*	365
=	974.16

Invinity Energy Systems's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (9.827	+	3.68)	/	2 )	/	18.143	*	365 / 2
=	6.7535					/	18.143	*	365 / 2
=	67.93

Invinity Energy Systems (LSE:IES) 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.

Invinity Energy Systems's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	18.143	/	6.7535
	=	2.69

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.

Invinity Energy Systems's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6.7535	/	14.812
	=	0.46

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.

Invinity Energy Systems Days Inventory Related Terms

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

Invinity Energy Systems (LSE:IES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Invinity Energy Systems PLC (LSE:IES) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

IESVF:USA IES.GB:UK J4Q5:Germany

Address

Castle Street, 3rd Floor, IFC5, St. Helier, JEY, JE2 3BY

Website

https://www.invinity.com

Invinity Energy Systems PLC operates in the manufacturing of vanadium flow battery systems and their related installation and other services. Its vanadium flow batteries are a form of heavy-duty, stationary energy storage, used in high-utilization applications such as being coupled with industrial-scale solar generation for distributed, low-carbon energy projects. The company's flow battery systems are ideal for commercial and industrial sites, grid network infrastructure projects, and off-grid applications, either standalone or alongside renewable energy such as solar PV. It generates the majority of its revenue from the sale of Battery systems and associated control systems. Its geographical segments are the United Kingdom, Asia, the United States, and Others.

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