Nanosynth Group (LSE:NNN) Days Inventory : 34.05 (As of Jun. 2022)

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What is Nanosynth Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nanosynth Group's Average Total Inventories for the six months ended in Jun. 2022 was £0.01 Mil. Nanosynth Group's Cost of Goods Sold for the six months ended in Jun. 2022 was £0.07 Mil. Hence, Nanosynth Group's Days Inventory for the six months ended in Jun. 2022 was 34.05.

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

LSE:NNN's Days Inventory is not ranked ^*
in the Hardware industry.
Industry Median: 101.78
* Ranked among companies with meaningful Days Inventory only.

Nanosynth Group's Days Inventory declined from Jun. 2021 (516.16) to Jun. 2022 (34.05).

Inventory Turnover measures how fast the company turns over its inventory within a year. Nanosynth Group's Inventory Turnover for the six months ended in Jun. 2022 was 5.36.

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. Nanosynth Group's Inventory-to-Revenue for the six months ended in Jun. 2022 was 1.25.

Nanosynth Group Days Inventory Historical Data

The historical data trend for Nanosynth 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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Nanosynth Group Days Inventory Chart

Nanosynth Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Inventory

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223.06

949.00

89.02

Nanosynth Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Days Inventory	Get a 7-Day Free Trial											109.50	-	516.16	710.64	34.05

Competitive Comparison of Nanosynth Group's Days Inventory

For the Scientific & Technical Instruments subindustry, Nanosynth 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.

Nanosynth Group's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Nanosynth Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Nanosynth Group's Days Inventory falls into.

Nanosynth Group Days Inventory Calculation

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

Nanosynth Group's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

	Days Inventory (A: Dec. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (0.063	+	0.017)	/	2 )	/	0.164	*	365
=	0.04					/	0.164	*	365
=	89.02

Nanosynth Group's Days Inventory for the quarter that ended in Jun. 2022 is calculated as:

	Days Inventory (Q: Jun. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2021 )	+	Total Inventories (Q: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2022 )	*	Days in Period
=	( (0.017	+	0.008)	/	2 )	/	0.067	*	365 / 2
=	0.0125					/	0.067	*	365 / 2
=	34.05

Nanosynth Group (LSE:NNN) 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.

Nanosynth Group's Inventory Turnover for the six months ended in Jun. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.067	/	0.0125
	=	5.36

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.

Nanosynth Group's Inventory to Revenue for the six months ended in Jun. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.0125	/	0.01
	=	1.25

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.

Nanosynth Group Days Inventory Related Terms

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

Nanosynth Group (LSE:NNN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nanosynth Group PLC (LSE:NNN) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

27-28 Eastcastle Street, London, GBR, W1W 8DH

Website

https://www.nanosynthgroup.com

Nanosynth Group PLC specialises in the synthesis and application of nanoparticles to create new and improved existing products The company, through its subsidiary, develops and manufactures digital monitoring and safeguarding systems for rotating shafts and security and risk management consultancy. It generates maximum revenue from the developing and manufacturing digital monitoring and safeguarding systems for rotating shafts. Geographically, it derives a majority of revenue from Europe.