GDI Integrated Facility Services (TSX:GDI) Inventory Turnover : 11.84 (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is GDI Integrated Facility Services 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. GDI Integrated Facility Services's Cost of Goods Sold for the three months ended in Dec. 2023 was C$509 Mil. GDI Integrated Facility Services's Average Total Inventories for the quarter that ended in Dec. 2023 was C$43 Mil. GDI Integrated Facility Services's Inventory Turnover for the quarter that ended in Dec. 2023 was 11.84.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GDI Integrated Facility Services's Days Inventory for the three months ended in Dec. 2023 was 7.71.

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. GDI Integrated Facility Services's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.07.

GDI Integrated Facility Services Inventory Turnover Historical Data

The historical data trend for GDI Integrated Facility Services'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.

GDI Integrated Facility Services Inventory Turnover Chart

GDI Integrated Facility Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

66.99

58.46

44.94

43.87

45.68

GDI Integrated Facility Services Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															10.44	10.50	10.80	11.19	11.84

GDI Integrated Facility Services Inventory Turnover Calculation

GDI Integrated Facility Services's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	1987	/ (	(45	+	42)	/	2 )
=	1987	/	43.5
=	45.68

GDI Integrated Facility Services'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	509	/ (	(44	+	42)	/	2 )
=	509	/	43
=	11.84

GDI Integrated Facility Services (TSX:GDI) 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.

GDI Integrated Facility Services's Days Inventory for the three 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
	=	43	/	509	*	365 / 4
	=	7.71

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.

GDI Integrated Facility Services'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 )
	=	43	/	622
	=	0.07

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.

GDI Integrated Facility Services Inventory Turnover Related Terms

Thank you for viewing the detailed overview of GDI Integrated Facility Services's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

GDI Integrated Facility Services (TSX:GDI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » GDI Integrated Facility Services Inc (TSX:GDI) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

GDIFF:USA GQN2:Germany

Address

695, 90th Avenue, LaSalle, Montreal, QC, CAN, H8R 3A4

Website

https://www.gdi.com

GDI Integrated Facility Services Inc is engaged in the facility services sector. The company's operating segment includes Janitorial Canada, Janitorial USA, Technical services, and Complementary Services. It generates maximum revenue from the Technical Services segment. The Technical Services segment provides building system controls, mechanical maintenance and services in relation to heating, ventilation, air conditioning (HVAC), electrical, energy engineering service offering and energy performance optimization, cabling for data transport, high voltage for commercial, industrial, institutional, government and residential building clients.

GDI Integrated Facility Services (TSX:GDI) Headlines

No Headlines