Days Inventory is also known as Days Sales of Inventory (DSI). MJ Gleeson's Average Total Inventories for the
six
months ended in Dec. 2023 was £351.3 Mil. MJ Gleeson's Cost of Goods Sold for the
six
months ended in Dec. 2023 was £113.6 Mil.
Hence, MJ Gleeson's Days Inventory for the
six
months ended in Dec. 2023 was 564.24.
The historical rank and industry rank for MJ Gleeson's Days Inventory or its related term are showing as below:
LSE:GLE'
s Days Inventory Range Over the Past 10 Years
Min: 348.85 Med: 440.81 Max: 682.95
Current: 544.49
During the past 13 years, MJ Gleeson's highest Days Inventory was 682.95. The lowest was 348.85. And the median was 440.81.
LSE:GLE's Days Inventory is ranked worse than 75.79% of 95
companies
in the Homebuilding & Construction industry
Industry Median: 326.57
vs LSE:GLE: 544.49
MJ Gleeson's Days Inventory
increased
from Dec. 2022 (459.63) to Dec. 2023 (564.24).
It might indicate that MJ Gleeson's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
MJ Gleeson's Inventory Turnover for the
six
months ended in Dec. 2023 was 0.32.
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.
MJ Gleeson's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 2.32.
MJ Gleeson Days Inventory Historical Data
The historical data trend for MJ Gleeson'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.
Competitive Comparison of MJ Gleeson's Days Inventory
For the Residential Construction subindustry, MJ Gleeson'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.
MJ Gleeson's Days Inventory Distribution in the Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, MJ Gleeson's Days Inventory distribution charts can be found below:
* The bar in red indicates where MJ Gleeson's Days Inventory falls into.
MJ Gleeson Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
MJ Gleeson's Days Inventory for the fiscal year that ended in Jun. 2023 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.
MJ Gleeson (LSE:GLE) 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.
MJ Gleeson's Inventory Turnover for the
six
months ended in Dec. 2023 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.
MJ Gleeson's Inventory to Revenue for the
six
months ended in Dec. 2023 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.
MJ Gleeson Days Inventory Related Terms
Thank you for viewing the detailed overview of MJ Gleeson's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
MJ Gleeson PLC is engaged in the business of homebuilding. It's business activities flow through two distinct divisions, Gleeson Homes and Gleeson Strategic Land. Gleeson Homes being the revenue earning segment of the two conducts all activities for the development and sale of residential property. The Strategic Land business includes conducting operations relating to enhancing the value of land and ensuring the value is achieved for the stakeholders. Its property offering is spread across the United Kingdom.
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