G1 Secure Solutions (XTAE:GOSS) Days Inventory : 12.57 (As of Dec. 2023)

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What is G1 Secure Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). G1 Secure Solutions's Average Total Inventories for the three months ended in Dec. 2023 was ₪24.9 Mil. G1 Secure Solutions's Cost of Goods Sold for the three months ended in Dec. 2023 was ₪180.6 Mil. Hence, G1 Secure Solutions's Days Inventory for the three months ended in Dec. 2023 was 12.57.

The historical rank and industry rank for G1 Secure Solutions's Days Inventory or its related term are showing as below:

XTAE:GOSS' s Days Inventory Range Over the Past 10 Years
Min: 7.42 Med: 9.24 Max: 11.65
Current: 11.65

During the past 8 years, G1 Secure Solutions's highest Days Inventory was 11.65. The lowest was 7.42. And the median was 9.24.

XTAE:GOSS's Days Inventory is ranked better than
65.59% of 683 companies
in the Business Services industry
Industry Median: 28.18 vs XTAE:GOSS: 11.65

G1 Secure Solutions's Days Inventory increased from Dec. 2022 (10.55) to Dec. 2023 (12.57). It might indicate that G1 Secure Solutions's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. G1 Secure Solutions's Inventory Turnover for the three months ended in Dec. 2023 was 7.26.

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. G1 Secure Solutions's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.11.

G1 Secure Solutions Days Inventory Historical Data

The historical data trend for G1 Secure 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.

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G1 Secure Solutions Days Inventory Chart

G1 Secure Solutions Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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8.13

7.42

7.80

9.25

11.02

G1 Secure Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															10.55	11.04	11.53	12.08	12.57

Competitive Comparison of G1 Secure Solutions's Days Inventory

For the Security & Protection Services subindustry, G1 Secure 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.

G1 Secure Solutions's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, G1 Secure Solutions's Days Inventory distribution charts can be found below:

* The bar in red indicates where G1 Secure Solutions's Days Inventory falls into.

G1 Secure Solutions Days Inventory Calculation

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

G1 Secure Solutions'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
=	( (19.922	+	24.178)	/	2 )	/	730.509	*	365
=	22.05					/	730.509	*	365
=	11.02

G1 Secure Solutions's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (25.588	+	24.178)	/	2 )	/	180.583	*	365 / 4
=	24.883					/	180.583	*	365 / 4
=	12.57

G1 Secure Solutions (XTAE:GOSS) 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.

G1 Secure Solutions's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	180.583	/	24.883
	=	7.26

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.

G1 Secure Solutions's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	24.883	/	216.759
	=	0.11

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.

G1 Secure Solutions Days Inventory Related Terms

Thank you for viewing the detailed overview of G1 Secure Solutions's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

G1 Secure Solutions (XTAE:GOSS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » G1 Secure Solutions Ltd (XTAE:GOSS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

HaShacham Street, Petah Tikva, ISR, 4951714

Website

https://www.g1-group.com

G1 Secure Solutions Ltd provides security and safety services. The company offers solutions such as physical security services, electronic security, low voltage systems, structure control, and security technologies among others. It provides its services to financial institutions, residential and office buildings, industry and defense industries, infrastructure and energy, tourism, and public space, among others.