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ITM Power (LSE:ITM) Days Inventory : 832.25 (As of Apr. 2024)


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What is ITM Power Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ITM Power's Average Total Inventories for the six months ended in Apr. 2024 was £73.62 Mil. ITM Power's Cost of Goods Sold for the six months ended in Apr. 2024 was £16.14 Mil. Hence, ITM Power's Days Inventory for the six months ended in Apr. 2024 was 832.25.

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

LSE:ITM' s Days Inventory Range Over the Past 10 Years
Min: 75.11   Med: 136.11   Max: 755.83
Current: 755.83

During the past 13 years, ITM Power's highest Days Inventory was 755.83. The lowest was 75.11. And the median was 136.11.

LSE:ITM's Days Inventory is ranked worse than
98.7% of 2913 companies
in the Industrial Products industry
Industry Median: 121.9 vs LSE:ITM: 755.83

ITM Power's Days Inventory increased from Apr. 2023 (263.14) to Apr. 2024 (832.25). It might indicate that ITM Power'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. ITM Power's Inventory Turnover for the six months ended in Apr. 2024 was 0.22.

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. ITM Power's Inventory-to-Revenue for the six months ended in Apr. 2024 was 9.65.


ITM Power Days Inventory Historical Data

The historical data trend for ITM Power'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.

ITM Power Days Inventory Chart

ITM Power Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 106.72 163.04 242.15 197.10 711.10

ITM Power Semi-Annual Data
Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24
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 179.49 151.86 263.14 726.96 832.25

Competitive Comparison of ITM Power's Days Inventory

For the Specialty Industrial Machinery subindustry, ITM Power'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.


ITM Power's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ITM Power's Days Inventory distribution charts can be found below:

* The bar in red indicates where ITM Power's Days Inventory falls into.



ITM Power Days Inventory Calculation

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

ITM Power's Days Inventory for the fiscal year that ended in Apr. 2024 is calculated as

Days Inventory (A: Apr. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Apr. 2023 ) + Total Inventories (A: Apr. 2024 )) / count ) / Cost of Goods Sold (A: Apr. 2024 )*Days in Period
=( (58.84 + 70.417) / 2 ) / 33.173*365
=64.6285 / 33.173*365
=711.10

ITM Power's Days Inventory for the quarter that ended in Apr. 2024 is calculated as:

Days Inventory (Q: Apr. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Apr. 2024 )) / count ) / Cost of Goods Sold (Q: Apr. 2024 )*Days in Period
=( (76.825 + 70.417) / 2 ) / 16.144*365 / 2
=73.621 / 16.144*365 / 2
=832.25

* 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.


ITM Power  (LSE:ITM) 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.

ITM Power's Inventory Turnover for the six months ended in Apr. 2024 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.

ITM Power's Inventory to Revenue for the six months ended in Apr. 2024 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.


ITM Power Days Inventory Related Terms

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


ITM Power Business Description

Traded in Other Exchanges
Address
2 Bessemer Park, Shepcote Lane, Sheffield, GBR, S9 1DZ
ITM Power PLC designs and manufactures integrated hydrogen energy systems for energy storage and clean fuel production. The company is also involved in the research and development of scientific and engineering projects; the development and manufacture of prototype products; and the sale of electrolyzer products such as HGas, HFuel, HPac. It offers a range of services including construction, consulting, and other services. Its primary geographic markets are the United Kingdom, the Rest of Europe, Germany, and with maximum revenue from the United Kingdom.