REACT Group (LSE:REAT) Days Inventory : 0.22 (As of Sep. 2023)

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What is REACT Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). REACT Group's Average Total Inventories for the six months ended in Sep. 2023 was £0.01 Mil. REACT Group's Cost of Goods Sold for the six months ended in Sep. 2023 was £7.51 Mil. Hence, REACT Group's Days Inventory for the six months ended in Sep. 2023 was 0.22.

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

LSE:REAT' s Days Inventory Range Over the Past 10 Years
Min: 0.23 Med: 0.4 Max: 0.82
Current: 0.25

During the past 13 years, REACT Group's highest Days Inventory was 0.82. The lowest was 0.23. And the median was 0.40.

LSE:REAT's Days Inventory is ranked better than
96.76% of 680 companies
in the Business Services industry
Industry Median: 30.305 vs LSE:REAT: 0.25

REACT Group's Days Inventory declined from Sep. 2022 (0.30) to Sep. 2023 (0.22).

Inventory Turnover measures how fast the company turns over its inventory within a year. REACT Group's Inventory Turnover for the six months ended in Sep. 2023 was 834.11.

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. REACT Group's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.00.

REACT Group Days Inventory Historical Data

The historical data trend for REACT 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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REACT Group Days Inventory Chart

REACT Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Inventory

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0.82

0.40

0.23

REACT Group Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial															0.50	0.51	0.30	0.29	0.22

Competitive Comparison of REACT Group's Days Inventory

For the Specialty Business Services subindustry, REACT 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.

REACT Group's Days Inventory Distribution in the Business Services Industry

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

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

REACT Group Days Inventory Calculation

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

REACT Group's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

	Days Inventory (A: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (0.011	+	0.007)	/	2 )	/	14.343	*	365
=	0.009					/	14.343	*	365
=	0.23

REACT 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
=	( (0.011	+	0.007)	/	2 )	/	7.507	*	365 / 2
=	0.009					/	7.507	*	365 / 2
=	0.22

REACT Group (LSE:REAT) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7.507	/	0.009
	=	834.11

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.009	/	10.262
	=	0.00

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.

REACT Group Days Inventory Related Terms

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

REACT Group (LSE:REAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » REACT Group PLC (LSE:REAT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Holly House, Shady Lane, Birmingham, GBR, B44 9ER

Website

https://www.reactplc.co.uk

REACT Group PLC is engaged in providing cleaning, decontamination, and hygiene sector, including both contracted commercial cleaning and specialist emergency decontamination work. Its objective is to maintain and/or rapidly return its customers' property to safe, clean, operational use and do this through regular specialist cleaning and/or emergency response to potentially harmful incidents. The business operates through three divisions; commercial windows & cladding, hygiene & maintenance, and, emergency & decontamination. It has three operating segments; Contract Maintenance, Contract Reactive, and Ad Hoc work, out of which a majority of the revenue is generated from the contract maintenance segment.

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