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DTI Group (ASX:DTI) Inventory Turnover : 0.52 (As of Dec. 2023)


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What is DTI Group Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. DTI Group's Cost of Goods Sold for the six months ended in Dec. 2023 was A$2.47 Mil. DTI Group's Average Total Inventories for the quarter that ended in Dec. 2023 was A$4.79 Mil. DTI Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. DTI Group's Days Inventory for the six months ended in Dec. 2023 was 353.48.

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. DTI Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.15.

DTI Group Inventory Turnover Historical Data

The historical data trend for DTI Group's Inventory Turnover 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.

DTI Group Inventory Turnover Chart

DTI Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only 2.61 2.51 3.36 2.67 2.03

DTI Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory Turnover 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 1.95 1.00 1.09 0.90 0.52

DTI Group Inventory Turnover Calculation

DTI Group's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Inventory Turnover (A: Jun. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2023 ) / ((Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count )
=8.818 / ((4.171 + 4.512) / 2 )
=8.818 / 4.3415
=2.03

DTI Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover (Q: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2023 ) / ((Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=2.471 / ((4.512 + 5.06) / 2 )
=2.471 / 4.786
=0.52

* 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.

DTI Group  (ASX:DTI) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

DTI Group's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=4.786/2.471*365 / 2
=353.48

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.

DTI Group's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=4.786 / 4.156
=1.15

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

DTI Group Inventory Turnover Related Terms

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DTI Group (ASX:DTI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » DTI Group Ltd (ASX:DTI) » Definitions » Inventory Turnover
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Traded in Other Exchanges
N/A
Address
31 Affleck Road, Perth Airport, Perth, WA, AUS, 6105
Website
https://www.dti.com.au
DTI Group Ltd develops and provides surveillance, video analytics, and passenger information systems technology and services to the mobile transit industry. The customers include transit agencies, vehicle operators, vehicle manufacturers, and law enforcement agencies. Its products and services are classified into four categories surveillance solutions, Passenger communication solutions, Video analytics and Managed Services. Its geographical segments include Australia, Europe & Others, and North America, of which the majority of the revenue is generated from Australia.