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Dirtt Environmental Solutions (TSX:DRT) Days Inventory : 42.40 (As of Dec. 2024)


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What is Dirtt Environmental Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dirtt Environmental Solutions's Average Total Inventories for the three months ended in Dec. 2024 was C$20.8 Mil. Dirtt Environmental Solutions's Cost of Goods Sold for the three months ended in Dec. 2024 was C$44.7 Mil. Hence, Dirtt Environmental Solutions's Days Inventory for the three months ended in Dec. 2024 was 42.40.

The historical rank and industry rank for Dirtt Environmental Solutions's Days Inventory or its related term are showing as below:

TSX:DRT' s Days Inventory Range Over the Past 10 Years
Min: 40.29   Med: 50.44   Max: 58.32
Current: 50.78

During the past 12 years, Dirtt Environmental Solutions's highest Days Inventory was 58.32. The lowest was 40.29. And the median was 50.44.

TSX:DRT's Days Inventory is ranked worse than
51.1% of 1458 companies
in the Construction industry
Industry Median: 47.825 vs TSX:DRT: 50.78

Dirtt Environmental Solutions's Days Inventory declined from Dec. 2023 (49.08) to Dec. 2024 (42.40).

Inventory Turnover measures how fast the company turns over its inventory within a year. Dirtt Environmental Solutions's Inventory Turnover for the three months ended in Dec. 2024 was 2.15.

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. Dirtt Environmental Solutions's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.30.


Dirtt Environmental Solutions Days Inventory Historical Data

The historical data trend for Dirtt Environmental Solutions'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.

Dirtt Environmental Solutions Days Inventory Chart

Dirtt Environmental Solutions Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.54 50.64 50.24 58.32 50.99

Dirtt Environmental Solutions Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 49.08 55.90 53.68 51.25 42.40

Competitive Comparison of Dirtt Environmental Solutions's Days Inventory

For the Engineering & Construction subindustry, Dirtt Environmental Solutions'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.


Dirtt Environmental Solutions's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Dirtt Environmental Solutions's Days Inventory distribution charts can be found below:

* The bar in red indicates where Dirtt Environmental Solutions's Days Inventory falls into.


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Dirtt Environmental Solutions Days Inventory Calculation

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

Dirtt Environmental Solutions's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (22.24 + 21.526) / 2 ) / 156.629*365
=21.883 / 156.629*365
=50.99

Dirtt Environmental Solutions'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. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (19.982 + 21.526) / 2 ) / 44.666*365 / 4
=20.754 / 44.666*365 / 4
=42.40

* 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.


Dirtt Environmental Solutions  (TSX:DRT) 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.

Dirtt Environmental Solutions's Inventory Turnover for the three months ended in Dec. 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.

Dirtt Environmental Solutions's Inventory to Revenue for the three months ended in Dec. 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.


Dirtt Environmental Solutions Days Inventory Related Terms

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


Dirtt Environmental Solutions Business Description

Traded in Other Exchanges
Address
7303-30th Street S.E, Calgary, AB, CAN, T2C 1N6
Dirtt Environmental Solutions Ltd is a manufacturer of customized interiors. The company combines its (3D) design, configuration, and manufacturing software (ICE or ICE Software) with in-house manufacturing of its prefabricated interior construction solutions and a distribution partner (DP) network. It offers services to various sectors which include healthcare, education, commercial, Government and other sectors. DIRTT operates its activity through the U.S. and Canada of which, the United States generates the majority of revenue.
Executives
Shaun Noll Director
Lp 22nw Fund 10% Security Holder
Scott Lawrence Robinson Director
Benjamin Nicholas Urban Senior Officer
Kenneth Dean Sanders Director
Michael Terrell Ford Director
Diana Russell Rhoten Director
Steven Elliott Parry Director
Denise Eileen Karkkainen Director
Shauna Ryan King Director
Todd Lillibridge Director
Aron English Director, Director or Senior Officer of 10% Security Holder
Charles R. Kraus Senior Officer
Mak Capital One Llc 10% Security Holder
Wayne Boulais Director

Dirtt Environmental Solutions Headlines

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