Marks Electrical Group (LSE:MRK) Days Inventory : 56.65 (As of Sep. 2023)

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What is Marks Electrical Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Marks Electrical Group's Average Total Inventories for the six months ended in Sep. 2023 was £14.1 Mil. Marks Electrical Group's Cost of Goods Sold for the six months ended in Sep. 2023 was £45.4 Mil. Hence, Marks Electrical Group's Days Inventory for the six months ended in Sep. 2023 was 56.65.

The historical rank and industry rank for Marks Electrical Group's Days Inventory or its related term are showing as below:

LSE:MRK' s Days Inventory Range Over the Past 10 Years
Min: 58.21 Med: 66.22 Max: 72.97
Current: 58.21

During the past 5 years, Marks Electrical Group's highest Days Inventory was 72.97. The lowest was 58.21. And the median was 66.22.

LSE:MRK's Days Inventory is ranked better than
74.93% of 1069 companies
in the Retail - Cyclical industry
Industry Median: 110.7 vs LSE:MRK: 58.21

Marks Electrical Group's Days Inventory declined from Sep. 2022 (74.16) to Sep. 2023 (56.65).

Inventory Turnover measures how fast the company turns over its inventory within a year. Marks Electrical Group's Inventory Turnover for the six months ended in Sep. 2023 was 3.22.

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. Marks Electrical Group's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.26.

Marks Electrical Group Days Inventory Historical Data

The historical data trend for Marks Electrical Group'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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Marks Electrical Group Days Inventory Chart

Marks Electrical Group Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

68.54

62.91

65.25

72.97

66.22

Marks Electrical Group Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial				69.26	68.96	74.16	59.91	56.65

Competitive Comparison of Marks Electrical Group's Days Inventory

For the Internet Retail subindustry, Marks Electrical Group'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.

Marks Electrical Group's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Marks Electrical Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Marks Electrical Group's Days Inventory falls into.

Marks Electrical Group Days Inventory Calculation

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

Marks Electrical Group's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (14.389	+	14.2)	/	2 )	/	78.792	*	365
=	14.2945					/	78.792	*	365
=	66.22

Marks Electrical Group's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (14.2	+	13.973)	/	2 )	/	45.378	*	365 / 2
=	14.0865					/	45.378	*	365 / 2
=	56.65

Marks Electrical Group (LSE:MRK) 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.

Marks Electrical Group's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	45.378	/	14.0865
	=	3.22

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.

Marks Electrical Group's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	14.0865	/	53.858
	=	0.26

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.

Marks Electrical Group Days Inventory Related Terms

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

Marks Electrical Group (LSE:MRK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Marks Electrical Group PLC (LSE:MRK) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Boston Road, Leicester, GBR, LE4 1AU

Website

https://www.markselectrical.co.uk

Marks Electrical Group PLC sells, delivers, installs, and recycles a wide range of household electrical products. Primarily through its retail website - markselectrical.co.uk, the company offers over 3,000 products from over fifty brands across its main product categories, which include Cooking, Refrigeration, Washers & Dryers, Dishwashers and Audio-Visual. These products are sourced from UK distributors of the brands, with whom the group maintains strong and direct relationships. Delivery to customers is operated by its own skilled team of delivery drivers in its owned and branded vehicles, who are also able to offer installation and recycling services.