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Inspecs Group (LSE:SPEC) Days Inventory : 149.85 (As of Jun. 2024)


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What is Inspecs Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Inspecs Group's Average Total Inventories for the six months ended in Jun. 2024 was £40.3 Mil. Inspecs Group's Cost of Goods Sold for the six months ended in Jun. 2024 was £49.0 Mil. Hence, Inspecs Group's Days Inventory for the six months ended in Jun. 2024 was 149.85.

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

LSE:SPEC' s Days Inventory Range Over the Past 10 Years
Min: 102.13   Med: 137.84   Max: 438.06
Current: 157.82

During the past 8 years, Inspecs Group's highest Days Inventory was 438.06. The lowest was 102.13. And the median was 137.84.

LSE:SPEC's Days Inventory is ranked better than
62.77% of 787 companies
in the Medical Devices & Instruments industry
Industry Median: 195.53 vs LSE:SPEC: 157.82

Inspecs Group's Days Inventory declined from Jun. 2023 (152.79) to Jun. 2024 (149.85).

Inventory Turnover measures how fast the company turns over its inventory within a year. Inspecs Group's Inventory Turnover for the six months ended in Jun. 2024 was 1.22.

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. Inspecs Group's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.39.


Inspecs Group Days Inventory Historical Data

The historical data trend for Inspecs 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.

* Premium members only.

Inspecs Group Days Inventory Chart

Inspecs Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 107.54 438.06 154.47 159.81 162.85

Inspecs Group Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 147.17 164.83 152.79 166.15 149.85

Competitive Comparison of Inspecs Group's Days Inventory

For the Medical Instruments & Supplies subindustry, Inspecs 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.


Inspecs Group's Days Inventory Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Inspecs Group's Days Inventory distribution charts can be found below:

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



Inspecs Group Days Inventory Calculation

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

Inspecs Group'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
=( (48.158 + 40.848) / 2 ) / 99.745*365
=44.503 / 99.745*365
=162.85

Inspecs Group's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (40.848 + 39.679) / 2 ) / 49.035*365 / 2
=40.2635 / 49.035*365 / 2
=149.85

* 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.


Inspecs Group  (LSE:SPEC) 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.

Inspecs Group's Inventory Turnover for the six months ended in Jun. 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.

Inspecs Group's Inventory to Revenue for the six months ended in Jun. 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.


Inspecs Group Days Inventory Related Terms

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


Inspecs Group Business Description

Traded in Other Exchanges
N/A
Address
Upper Bristol Road, 7-10 Kelso Place, Bath, Somerset, GBR, BA1 3AU
Inspecs Group PLC is a designer and manufacturer of eyewear frames and accessories. Its customers include optical and Non-optical retailers, global distributors, and independent opticians. The company operations are spread across the United Kingdom, Europe (excluding the UK), South America, North America, Asia, Africa, and Australia. Its eyewear brands include Superdry, Savile Row, Farah, and Nascar among others.