SRT Marine Systems (LSE:SRT) Days Inventory : 72.87 (As of Dec. 2024)

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What is SRT Marine Systems Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SRT Marine Systems's Average Total Inventories for the six months ended in Dec. 2024 was £5.64 Mil. SRT Marine Systems's Cost of Goods Sold for the six months ended in Dec. 2024 was £14.13 Mil. Hence, SRT Marine Systems's Days Inventory for the six months ended in Dec. 2024 was 72.87.

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

LSE:SRT' s Days Inventory Range Over the Past 10 Years
Min: 52.26 Med: 268.24 Max: 405.52
Current: 180.3

During the past 13 years, SRT Marine Systems's highest Days Inventory was 405.52. The lowest was 52.26. And the median was 268.24.

LSE:SRT's Days Inventory is ranked worse than
77.75% of 2387 companies
in the Hardware industry
Industry Median: 96.48 vs LSE:SRT: 180.30

SRT Marine Systems's Days Inventory increased from Mar. 2023 (71.52) to Dec. 2024 (72.87). It might indicate that SRT Marine Systems'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. SRT Marine Systems's Inventory Turnover for the six months ended in Dec. 2024 was 2.50.

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. SRT Marine Systems's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.22.

SRT Marine Systems Days Inventory Historical Data

The historical data trend for SRT Marine 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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SRT Marine Systems Days Inventory Chart

SRT Marine Systems Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Days Inventory

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405.52

92.27

52.26

153.86

156.86

SRT Marine Systems Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Dec24
Days Inventory	Get a 7-Day Free Trial															171.64	39.48	71.52	206.05	72.87

Competitive Comparison of SRT Marine Systems's Days Inventory

For the Scientific & Technical Instruments subindustry, SRT Marine 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.

SRT Marine Systems's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, SRT Marine Systems's Days Inventory distribution charts can be found below:

* The bar in red indicates where SRT Marine Systems's Days Inventory falls into.

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SRT Marine Systems Days Inventory Calculation

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

SRT Marine Systems's Days Inventory for the fiscal year that ended in Mar. 2022 is calculated as

	Days Inventory (A: Mar. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2021 )	+	Total Inventories (A: Mar. 2022 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2022 )	*	Days in Period
=	( (2.368	+	2.36)	/	2 )	/	5.501	*	365
=	2.364					/	5.501	*	365
=	156.86

SRT Marine Systems's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (4.304	+	6.98)	/	2 )	/	14.13	*	365 / 2
=	5.642					/	14.13	*	365 / 2
=	72.87

SRT Marine Systems (LSE:SRT) 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.

SRT Marine Systems's Inventory Turnover for the six months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	14.13	/	5.642
	=	2.50

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.

SRT Marine Systems's Inventory to Revenue for the six months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5.642	/	26.204
	=	0.22

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.

SRT Marine Systems Days Inventory Related Terms

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

SRT Marine Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » SRT Marine Systems PLC (LSE:SRT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

6S7:Germany

Address

Wireless House, Midsomer Norton, Westfield Industrial Estate, Bath, GBR, BA3 4BS

Website

http://www.srt-marine.com

SRT Marine Systems PLC develops and provides integrated maritime surveillance, monitoring, management and safety systems used by coast guards, fishery authorities, infrastructure and vessel owners for the purposes of managing and controlling their maritime domain. The Applications include security, safety, search & rescue, law enforcement, fisheries management, illegal fishing detection and environment monitoring. The company is in single business segment, the Marine technology business which provides solutions to solve the problem of maritime domain awareness, both products and systems. The company currently operates in the following geographical markets: Europe, Middle East, North America, the United Kingdom, South East Asia and others.