Grab2Go AS (OTSE:GRB2G) Days Inventory : 12,227.50 (As of Jun. 2023)

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What is Grab2Go AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Grab2Go AS's Average Total Inventories for the six months ended in Jun. 2023 was €0.07 Mil. Grab2Go AS's Cost of Goods Sold for the six months ended in Jun. 2023 was €0.00 Mil. Hence, Grab2Go AS's Days Inventory for the six months ended in Jun. 2023 was 12,227.50.

The historical rank and industry rank for Grab2Go AS's Days Inventory or its related term are showing as below:

OTSE:GRB2G' s Days Inventory Range Over the Past 10 Years
Min: 6113.75 Med: 6113.75 Max: 12227.5
Current: 12227.5

During the past 2 years, Grab2Go AS's highest Days Inventory was 12227.50. The lowest was 6113.75. And the median was 6113.75.

OTSE:GRB2G's Days Inventory is ranked worse than
99.97% of 2911 companies
in the Industrial Products industry
Industry Median: 120.21 vs OTSE:GRB2G: 12227.50

Grab2Go AS's Days Inventory increased from Jun. 2022 (0.00) to Jun. 2023 (12,227.50). It might indicate that Grab2Go AS's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Grab2Go AS's Inventory Turnover for the six months ended in Jun. 2023 was 0.01.

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.

Grab2Go AS Days Inventory Historical Data

The historical data trend for Grab2Go AS'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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Grab2Go AS Days Inventory Chart

Grab2Go AS Annual Data

Trend

Dec21

Dec22

Days Inventory

6,113.75

Grab2Go AS Semi-Annual Data
	Jun22	Dec22	Jun23
Days Inventory	-	12,227.50	12,227.50

Competitive Comparison of Grab2Go AS's Days Inventory

For the Business Equipment & Supplies subindustry, Grab2Go AS'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.

Grab2Go AS's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Grab2Go AS's Days Inventory distribution charts can be found below:

* The bar in red indicates where Grab2Go AS's Days Inventory falls into.

Grab2Go AS Days Inventory Calculation

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

Grab2Go AS's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0	+	0.067)	/	1 )	/	0.004	*	365
=	0.067					/	0.004	*	365
=	6,113.75

Grab2Go AS's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.067	+	0.067)	/	2 )	/	0.001	*	365 / 2
=	0.067					/	0.001	*	365 / 2
=	12,227.50

Grab2Go AS (OTSE:GRB2G) 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.

Grab2Go AS's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.001	/	0.067
	=	0.01

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.

Grab2Go AS's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.067	/	0
	=

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.

Grab2Go AS Days Inventory Related Terms

Thank you for viewing the detailed overview of Grab2Go AS's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Grab2Go AS (OTSE:GRB2G) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Grab2Go AS (OTSE:GRB2G) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Veskiposti tn 2-1002, Harju maakond, Tallinn, EST, 10138

Website

https://www.grab2go.eu

Grab2Go AS develops and manufactures autonomous, unmanned and robotic convenience store and pharmacy technology. Its technology and solutions make it possible to achieve a significant increase in efficiency, resource savings and a better consumer experience in the operation of convenience stores, pharmacies and other similar points of sale. The company has developed a completely unique Cloud Platform to remotely manage and operate Its Autonomous Stores in Real-Time. Grab2Go earns revenue from the sale of hardware solutions (machines) (one-time revenue), maintenance of hardware solutions (machines) (periodic payments), licensing of software solutions (periodic payments) and software development.

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