Grab Holdings (Grab Holdings) Days Inventory : 11.50 (As of Dec. 2023)

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What is Grab Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Grab Holdings's Average Total Inventories for the three months ended in Dec. 2023 was $48 Mil. Grab Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $377 Mil. Hence, Grab Holdings's Days Inventory for the three months ended in Dec. 2023 was 11.50.

The historical rank and industry rank for Grab Holdings's Days Inventory or its related term are showing as below:

GRAB' s Days Inventory Range Over the Past 10 Years
Min: 1.19 Med: 1.52 Max: 11.81
Current: 11.44

During the past 5 years, Grab Holdings's highest Days Inventory was 11.81. The lowest was 1.19. And the median was 1.52.

GRAB's Days Inventory is ranked better than
58.86% of 1563 companies
in the Software industry
Industry Median: 19.71 vs GRAB: 11.44

Grab Holdings's Days Inventory increased from Dec. 2022 (10.58) to Dec. 2023 (11.50). It might indicate that Grab Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Grab Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 7.94.

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. Grab Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.07.

Grab Holdings Days Inventory Historical Data

The historical data trend for Grab Holdings'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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Grab Holdings Days Inventory Chart

Grab Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

1.38

1.52

1.19

7.00

11.81

Grab Holdings Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial										10.58	11.65	11.16	11.07	11.50

Competitive Comparison of Grab Holdings's Days Inventory

For the Software - Application subindustry, Grab Holdings'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.

Grab Holdings's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Grab Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Grab Holdings's Days Inventory falls into.

Grab Holdings Days Inventory Calculation

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

Grab Holdings's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (48	+	49)	/	2 )	/	1499	*	365
=	48.5					/	1499	*	365
=	11.81

Grab Holdings'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
=	( (46	+	49)	/	2 )	/	377	*	365 / 4
=	47.5					/	377	*	365 / 4
=	11.50

Grab Holdings (NAS:GRAB) 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.

Grab Holdings's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	377	/	47.5
	=	7.94

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.

Grab Holdings's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	47.5	/	653
	=	0.07

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.

Grab Holdings Days Inventory Related Terms

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

Grab Holdings (Grab Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Grab Holdings Inc (NAS:GRAB) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

A6I:Germany A6I:Germany

Address

3 Media Close, No. 01-03/06, Singapore, SGP, 138498

Website

https://www.grab.com

Founded in 2012, Grab provides ride-sharing services, food and grocery delivery, and financial services (payments, consumer loans, and enterprise offerings) in eight Southeast-Asian countries through its mobile platform. The company partners with merchants and riders, connecting them with consumers while charging commission to both sides. Grab has a leading market share in and derives 89% of its revenue from its core businesses, ride-sharing and food delivery. Singapore and Malaysia contributed 58% of revenue as of end-2021. Grab's main competitors in Southeast Asia are Foodpanda and Gojek, the ride-sharing arm of GoTo. Its financial services business is still in its nascent stage and provides minimal revenue currently. The company now also generates advertising revenue.