Days Inventory is also known as Days Sales of Inventory (DSI). Dexterra Group's Average Total Inventories for the
three
months ended in Dec. 2023 was C$28 Mil. Dexterra Group's Cost of Goods Sold for the
three
months ended in Dec. 2023 was C$247 Mil.
Hence, Dexterra Group's Days Inventory for the
three
months ended in Dec. 2023 was 10.36.
The historical rank and industry rank for Dexterra Group's Days Inventory or its related term are showing as below:
TSX:DXT'
s Days Inventory Range Over the Past 10 Years
Min: 6.91 Med: 8.63 Max: 10.37
Current: 10.37
During the past 5 years, Dexterra Group's highest Days Inventory was 10.37. The lowest was 6.91. And the median was 8.63.
TSX:DXT's Days Inventory is ranked better than 67.69% of 681
companies
in the Business Services industry
Industry Median: 29.77
vs TSX:DXT: 10.37
Dexterra Group's Days Inventory
increased
from Dec. 2022 (9.94) to Dec. 2023 (10.36).
It might indicate that Dexterra Group's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Dexterra Group's Inventory Turnover for the
three
months ended in Dec. 2023 was 8.81.
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.
Dexterra Group's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.10.
Dexterra Group Days Inventory Historical Data
The historical data trend for Dexterra 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 Dexterra Group's Days Inventory
For the Specialty Business Services subindustry, Dexterra 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.
Dexterra Group's Days Inventory Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Dexterra Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where Dexterra Group's Days Inventory falls into.
Dexterra Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Dexterra 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.
Dexterra Group (TSX:DXT) 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.
Dexterra Group's Inventory Turnover for the
three
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.
Dexterra Group's Inventory to Revenue for the
three
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.
Dexterra Group Days Inventory Related Terms
Thank you for viewing the detailed overview of Dexterra Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Dexterra Group Inc offers support services for the creation, management, and operation of infrastructure across Canada. Powered by people, Dexterra Group brings best-in-class regional expertise to every challenge and delivers solutions, giving clients confidence in their day-to-day operations. Activities include a comprehensive range of facilities management services, industry leading workforce accommodation solutions, modular building capabilities, and other support services for diverse clients in the public and private sectors.
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