Great Elm Group (Great Elm Group) Days Inventory : 128.90 (As of Dec. 2023)

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What is Great Elm Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Great Elm Group's Average Total Inventories for the three months ended in Dec. 2023 was $4.01 Mil. Great Elm Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $2.84 Mil. Hence, Great Elm Group's Days Inventory for the three months ended in Dec. 2023 was 128.90.

The historical rank and industry rank for Great Elm Group's Days Inventory or its related term are showing as below:

GEG' s Days Inventory Range Over the Past 10 Years
Min: 8.23 Med: 11.53 Max: 90.85
Current: 90.85

During the past 13 years, Great Elm Group's highest Days Inventory was 90.85. The lowest was 8.23. And the median was 11.53.

GEG's Days Inventory is ranked worse than
56.55% of 168 companies
in the Asset Management industry
Industry Median: 75.875 vs GEG: 90.85

Great Elm Group's Days Inventory increased from Dec. 2022 (40.16) to Dec. 2023 (128.90). It might indicate that Great Elm Group'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. Great Elm Group's Inventory Turnover for the three months ended in Dec. 2023 was 0.71.

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. Great Elm Group's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.42.

Great Elm Group Days Inventory Historical Data

The historical data trend for Great Elm 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.

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Great Elm Group Days Inventory Chart

Great Elm Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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11.53

9.81

8.23

58.81

62.36

Great Elm Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															40.16	59.23	47.31	80.25	128.90

Competitive Comparison of Great Elm Group's Days Inventory

For the Asset Management subindustry, Great Elm 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.

Great Elm Group's Days Inventory Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Great Elm Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Great Elm Group's Days Inventory falls into.

Great Elm Group Days Inventory Calculation

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

Great Elm Group'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
=	( (0	+	1.742)	/	1 )	/	10.196	*	365
=	1.742					/	10.196	*	365
=	62.36

Great Elm Group'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (3.116	+	4.905)	/	2 )	/	2.839	*	365 / 4
=	4.0105					/	2.839	*	365 / 4
=	128.90

Great Elm Group (NAS:GEG) 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.

Great Elm Group's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.839	/	4.0105
	=	0.71

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.

Great Elm Group's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.0105	/	2.819
	=	1.42

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.

Great Elm Group Days Inventory Related Terms

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

Great Elm Group (Great Elm Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Great Elm Group Inc (NAS:GEG) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

PNC:Germany

Address

800 South Street, Suite 230, Waltham, MA, USA, 02453

Website

https://www.greatelmcap.com

Great Elm Group Inc operates as a holding company. It focuses on growing a scalable and diversified portfolio of long-duration, permanent capital vehicles across corporate credit, specialty finance, real estate, and other asset classes. The company's only segment is investment management.

Executives

Jason W. Reese	director, 10 percent owner	C/O IMPERIAL CAPITAL ASSET MANAGEMENT, L, 10100 SANTA MONICA BLVD. SUITE 2400, LOS ANGELES CA 90067
James H Hugar	director	C/O VITESSE SEMICONDUCTOR CORPORATION, 4721 CALLE CARGA, CAMARILLO CA 93012
Matthew A Drapkin	director	10 CORBIN DRIVE, 3RD FLOOR, DARIEN CT 06820
Northern Right Capital Management, L.p.	10 percent owner, other: Member of 13D 10% Group	9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Keri Davis	officer: Chief Financial Officer	800 SOUTH STREET, SUITE 230, WALTHAM MA 02453
Imperial Capital Group Holdings Ii, Llc	10 percent owner	3801 PGA BOULEVARD, SUITE 603, PALM BEACH GARDENS FL 33410
Adam M Kleinman	officer: President	800 SOUTH STREET, SUITE 230, WALTHAM MA 02453
Peter A Reed	officer: Chief Executive Officer	C/O UNWIRED PLANET, INC., 170 S. VIRGINIA STREET SUITE 201, RENO NV 89501
Nichole Milz	officer: Chief Operating Officer	800 SOUTH STREET, SUITE 230, WALTHAM MA 02453
Nrc Partners I, Lp	10 percent owner	9 OLD KINGS HIGHWAY SOUTH, 4TH FLOOR, DARIEN CT 06820
Northern Right Capital (qp), L.p.	10 percent owner	9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Bc Advisors Llc	10 percent owner	500 CRESCENT COURT, SUITE 230, DALLAS TX 75201
David Matter	director	800 SOUTH STREET, SUITE 230, WALTHAM MA 02453
Thomas S Harbin	director	SOURCE CAPITAL, LLC, 75 FOURTEENTH STREET, SUITE 2700, ATLANTA GA 30309
James P Parmelee	director	100 UNION SQUARE DRIVE, NEW HOPE PA 18938