Days Inventory is also known as Days Sales of Inventory (DSI). SPO Global's Average Total Inventories for the
three
months ended in Sep. 2023 was $1.67 Mil. SPO Global's Cost of Goods Sold for the
three
months ended in Sep. 2023 was $3.13 Mil.
Hence, SPO Global's Days Inventory for the
three
months ended in Sep. 2023 was 48.66.
The historical rank and industry rank for SPO Global's Days Inventory or its related term are showing as below:
SPOM'
s Days Inventory Range Over the Past 10 Years
Min: 141.11 Med: 166.37 Max: 194.64
Current: 194.64
During the past 13 years, SPO Global's highest Days Inventory was 194.64. The lowest was 141.11. And the median was 166.37.
SPOM's Days Inventory is ranked worse than 83.74% of 449
companies
in the Conglomerates industry
Industry Median: 73.45
vs SPOM: 194.64
SPO Global's Days Inventory
increased
from Dec. 2016 (0.00) to Sep. 2023 (48.66).
It might indicate that SPO Global's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
SPO Global's Inventory Turnover for the
three
months ended in Sep. 2023 was 1.88.
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.
SPO Global's Inventory-to-Revenue for the
three
months ended in Sep. 2023 was 0.36.
SPO Global Days Inventory Historical Data
The historical data trend for SPO Global'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 SPO Global's Days Inventory
For the Conglomerates subindustry, SPO Global'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.
SPO Global's Days Inventory Distribution in the Conglomerates Industry
For the Conglomerates industry and Industrials sector, SPO Global's Days Inventory distribution charts can be found below:
* The bar in red indicates where SPO Global's Days Inventory falls into.
SPO Global Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
SPO Global's Days Inventory for the fiscal year that ended in Dec. 2016 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.
SPO Global (OTCPK:SPOM) 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.
SPO Global's Inventory Turnover for the
three
months ended in Sep. 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.
SPO Global's Inventory to Revenue for the
three
months ended in Sep. 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.
SPO Global Days Inventory Related Terms
Thank you for viewing the detailed overview of SPO Global's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
SPO Global Inc is a holding company whose strategic plan is to acquire interests in emerging young businesses and provide financing, advice and guidance to assist them in realizing their potential. The Company is implementing an acquisition roll-up model of acquiring sales, marketing, and manufacturing businesses. The business scope of the company includes bio-pharmaceutical Research and development, development and sales of medical informatization software, medical high-tech introduction, production and sales of medical quality supplies, dietary supplements, and medicine, as well as agents and sales of medical equipment supplies.
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