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Spirit Technology Solutions (ASX:ST1) Days Inventory : 0.00 (As of Dec. 2023)


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What is Spirit Technology Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Spirit Technology Solutions's Average Total Inventories for the six months ended in Dec. 2023 was A$2.6 Mil. Spirit Technology Solutions's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.0 Mil.

The historical rank and industry rank for Spirit Technology Solutions's Days Inventory or its related term are showing as below:

ASX:ST1' s Days Inventory Range Over the Past 10 Years
Min: 3.35   Med: 17.89   Max: 56.64
Current: 16.33

During the past 13 years, Spirit Technology Solutions's highest Days Inventory was 56.64. The lowest was 3.35. And the median was 17.89.

ASX:ST1's Days Inventory is ranked better than
58.11% of 296 companies
in the Telecommunication Services industry
Industry Median: 19.215 vs ASX:ST1: 16.33

Spirit Technology Solutions's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Spirit Technology Solutions's Inventory Turnover for the six months ended in Dec. 2023 was 0.00.

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. Spirit Technology Solutions's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.05.


Spirit Technology Solutions Days Inventory Historical Data

The historical data trend for Spirit Technology Solutions'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.

* Premium members only.

Spirit Technology Solutions Days Inventory Chart

Spirit Technology Solutions Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.64 27.98 12.56 18.54 19.67

Spirit Technology Solutions Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 14.24 - 8.95 -

Competitive Comparison of Spirit Technology Solutions's Days Inventory

For the Telecom Services subindustry, Spirit Technology Solutions'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.


Spirit Technology Solutions's Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Spirit Technology Solutions's Days Inventory distribution charts can be found below:

* The bar in red indicates where Spirit Technology Solutions's Days Inventory falls into.



Spirit Technology Solutions Days Inventory Calculation

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

Spirit Technology Solutions's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (4.281 + 2.789) / 2 ) / 65.594*365
=3.535 / 65.594*365
=19.67

Spirit Technology Solutions's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (2.789 + 2.368) / 2 ) / 0*365 / 2
=2.5785 / 0*365 / 2
=N/A

* 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.


Spirit Technology Solutions  (ASX:ST1) 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.

Spirit Technology Solutions'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.

Spirit Technology Solutions'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.


Spirit Technology Solutions Days Inventory Related Terms

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


Spirit Technology Solutions (ASX:ST1) Business Description

Traded in Other Exchanges
N/A
Address
19-25 Raglan Street, Level 2, South Melbourne, Melbourne, VIC, AUS, 3205
Spirit Technology Solutions Ltd provides telecommunication services, cloud services, managed IT services, and cyber security services to small and medium-sized businesses. It derives key revenue from Managed services followed by internet and data services. Geographically the group operates and generates revenue in Australia.

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