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ROBOF (RoboGroup TEK) Days Inventory : 165.46 (As of Jun. 2024)


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What is RoboGroup TEK Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). RoboGroup TEK's Average Total Inventories for the six months ended in Jun. 2024 was $2.52 Mil. RoboGroup TEK's Cost of Goods Sold for the six months ended in Jun. 2024 was $2.78 Mil. Hence, RoboGroup TEK's Days Inventory for the six months ended in Jun. 2024 was 165.46.

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

ROBOF' s Days Inventory Range Over the Past 10 Years
Min: 89.47   Med: 118.15   Max: 169.64
Current: 144.9

During the past 13 years, RoboGroup TEK's highest Days Inventory was 169.64. The lowest was 89.47. And the median was 118.15.

ROBOF's Days Inventory is ranked worse than
68.25% of 2403 companies
in the Hardware industry
Industry Median: 100.16 vs ROBOF: 144.90

RoboGroup TEK's Days Inventory increased from Jun. 2023 (126.45) to Jun. 2024 (165.46). It might indicate that RoboGroup TEK's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. RoboGroup TEK's Inventory Turnover for the six months ended in Jun. 2024 was 1.10.

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. RoboGroup TEK's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.61.


RoboGroup TEK Days Inventory Historical Data

The historical data trend for RoboGroup TEK'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.

RoboGroup TEK Days Inventory Chart

RoboGroup TEK Annual Data
Trend Dec03 Dec04 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 160.78 89.80 112.29 89.47 120.18

RoboGroup TEK Semi-Annual Data
Dec01 Jun02 Dec02 Jun03 Dec03 Jun04 Dec04 Jun05 Dec16 Dec17 Dec18 Dec19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 88.22 93.63 126.45 127.62 165.46

Competitive Comparison of RoboGroup TEK's Days Inventory

For the Scientific & Technical Instruments subindustry, RoboGroup TEK'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.


RoboGroup TEK's Days Inventory Distribution in the Hardware Industry

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

* The bar in red indicates where RoboGroup TEK's Days Inventory falls into.



RoboGroup TEK Days Inventory Calculation

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

RoboGroup TEK'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
=( (2.104 + 2.476) / 2 ) / 6.955*365
=2.29 / 6.955*365
=120.18

RoboGroup TEK'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
=( (2.476 + 2.563) / 2 ) / 2.779*365 / 2
=2.5195 / 2.779*365 / 2
=165.46

* 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.


RoboGroup TEK  (OTCPK:ROBOF) 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.

RoboGroup TEK'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.

RoboGroup TEK'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.


RoboGroup TEK Days Inventory Related Terms

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


RoboGroup TEK Business Description

Traded in Other Exchanges
Address
13 Hamelacha Street, Afek Industrial Park, Rosh Ha'Ayin, ISR, 48091
RoboGroup TEK Ltd is a global, diversified enterprise with proprietary technologies. It has technologies in the fields of robotics, motion control and technology education. The company has taken its engineering and management expertise in the fields of automation, motion control, and algorithmic functions and developed several businesses related to these technologies. Its products include intelitek; Coderz.

RoboGroup TEK Headlines

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