Lok'n Store Group (LSE:LOK) Days Inventory : 8.62 (As of Jan. 2024)

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What is Lok'n Store Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lok'n Store Group's Average Total Inventories for the six months ended in Jan. 2024 was £0.14 Mil. Lok'n Store Group's Cost of Goods Sold for the six months ended in Jan. 2024 was £2.92 Mil. Hence, Lok'n Store Group's Days Inventory for the six months ended in Jan. 2024 was 8.62.

The historical rank and industry rank for Lok'n Store Group's Days Inventory or its related term are showing as below:

LSE:LOK' s Days Inventory Range Over the Past 10 Years
Min: 8.43 Med: 18.01 Max: 35.59
Current: 8.43

During the past 13 years, Lok'n Store Group's highest Days Inventory was 35.59. The lowest was 8.43. And the median was 18.01.

LSE:LOK's Days Inventory is ranked better than
91.58% of 1318 companies
in the Real Estate industry
Industry Median: 696.13 vs LSE:LOK: 8.43

Lok'n Store Group's Days Inventory declined from Jan. 2023 (10.97) to Jan. 2024 (8.62).

Inventory Turnover measures how fast the company turns over its inventory within a year. Lok'n Store Group's Inventory Turnover for the six months ended in Jan. 2024 was 21.17.

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. Lok'n Store Group's Inventory-to-Revenue for the six months ended in Jan. 2024 was 0.01.

Lok'n Store Group Days Inventory Historical Data

The historical data trend for Lok'n Store Group'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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Lok'n Store Group Days Inventory Chart

Lok'n Store Group Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Days Inventory

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35.59

33.96

30.14

21.10

10.00

Lok'n Store Group Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Days Inventory	Get a 7-Day Free Trial															26.45	19.21	10.97	8.51	8.62

Competitive Comparison of Lok'n Store Group's Days Inventory

For the Real Estate Services subindustry, Lok'n Store Group'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.

Lok'n Store Group's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Lok'n Store Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Lok'n Store Group's Days Inventory falls into.

Lok'n Store Group Days Inventory Calculation

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

Lok'n Store Group's Days Inventory for the fiscal year that ended in Jul. 2023 is calculated as

	Days Inventory (A: Jul. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jul. 2022 )	+	Total Inventories (A: Jul. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2023 )	*	Days in Period
=	( (0.143	+	0.145)	/	2 )	/	5.257	*	365
=	0.144					/	5.257	*	365
=	10.00

Lok'n Store Group's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

	Days Inventory (Q: Jan. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jul. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (0.145	+	0.131)	/	2 )	/	2.921	*	365 / 2
=	0.138					/	2.921	*	365 / 2
=	8.62

Lok'n Store Group (LSE:LOK) 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.

Lok'n Store Group's Inventory Turnover for the six months ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.921	/	0.138
	=	21.17

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.

Lok'n Store Group's Inventory to Revenue for the six months ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.138	/	14.168
	=	0.01

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.

Lok'n Store Group Days Inventory Related Terms

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

Lok'n Store Group (LSE:LOK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lok'n Store Group PLC (LSE:LOK) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

112 Hawley Lane, Farnborough, Hampshire, GBR, GU14 8JE

Website

https://www.loknstore.co.uk

Lok'n Store Group PLC operates in the real estate industry based in the United Kingdom. Its business involves buying or leasing warehouses or industrial buildings and letting them out as self-storage units to its customers. Operating through the Self-Storage segments, the company caters to both households and business customers. Its self-storage segment accounts for the bulk of its operations with the provision of storage rooms, student storage, pallet storage, warehouse space, self-storage archiving, flexible office space, and multi-site business storage accounts.

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