Days Inventory is also known as Days Sales of Inventory (DSI). Serco Group's Average Total Inventories for the
six
months ended in Dec. 2023 was $30 Mil. Serco Group's Cost of Goods Sold for the
six
months ended in Dec. 2023 was $2,744 Mil.
Hence, Serco Group's Days Inventory for the
six
months ended in Dec. 2023 was 1.98.
The historical rank and industry rank for Serco Group's Days Inventory or its related term are showing as below:
SCGPY'
s Days Inventory Range Over the Past 10 Years
Min: 1.89 Med: 2.63 Max: 4.02
Current: 1.93
During the past 13 years, Serco Group's highest Days Inventory was 4.02. The lowest was 1.89. And the median was 2.63.
SCGPY's Days Inventory is ranked better than 86.18% of 680
companies
in the Business Services industry
Industry Median: 29.67
vs SCGPY: 1.93
Serco Group's Days Inventory
increased
from Dec. 2022 (1.90) to Dec. 2023 (1.98).
It might indicate that Serco Group's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Serco Group's Inventory Turnover for the
six
months ended in Dec. 2023 was 91.97.
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.
Serco Group's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.01.
Serco Group Days Inventory Historical Data
The historical data trend for Serco 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.
Competitive Comparison of Serco Group's Days Inventory
For the Specialty Business Services subindustry, Serco 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.
Serco Group's Days Inventory Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Serco Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where Serco Group's Days Inventory falls into.
Serco Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Serco Group's Days Inventory for the fiscal year that 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.
Serco Group (OTCPK:SCGPY) 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.
Serco Group'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.
Serco Group'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.
Serco Group Days Inventory Related Terms
Thank you for viewing the detailed overview of Serco Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Serco Group PLC helps governments and public-sector bodies deliver public services. The company generates revenue from four divisions. The U.K. & Europe local and regional government division provides hospital management welfare, business support operations, and defense services in the U.K. and Europe. The Americas division provides professional, defense, technology, and management services to U.S. and Canadian governments. The Asia-Pacific segment provides frontline services, defense, citizen services in Australia, New Zealand, and Hong Kong. The Middle East division provides transport, defense, and health services in the Middle East. The company generates most of its revenue from the U.K. & Europe division.
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