Directa Plus (LSE:DCTA) Days Inventory : 108.48 (As of Jun. 2023)

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What is Directa Plus Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Directa Plus's Average Total Inventories for the six months ended in Jun. 2023 was £1.11 Mil. Directa Plus's Cost of Goods Sold for the six months ended in Jun. 2023 was £1.86 Mil. Hence, Directa Plus's Days Inventory for the six months ended in Jun. 2023 was 108.48.

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

LSE:DCTA' s Days Inventory Range Over the Past 10 Years
Min: 17.66 Med: 189.08 Max: 6057.45
Current: 93.22

During the past 10 years, Directa Plus's highest Days Inventory was 6057.45. The lowest was 17.66. And the median was 189.08.

LSE:DCTA's Days Inventory is ranked worse than
56.61% of 1491 companies
in the Chemicals industry
Industry Median: 83.31 vs LSE:DCTA: 93.22

Directa Plus's Days Inventory increased from Jun. 2022 (95.90) to Jun. 2023 (108.48). It might indicate that Directa Plus's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Directa Plus's Inventory Turnover for the six months ended in Jun. 2023 was 1.68.

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. Directa Plus's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.28.

Directa Plus Days Inventory Historical Data

The historical data trend for Directa Plus'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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Directa Plus Days Inventory Chart

Directa Plus Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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234.54

334.03

186.53

142.94

74.28

Directa Plus Semi-Annual Data
	Dec13	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial														281.56	106.32	95.90	76.08	108.48

Competitive Comparison of Directa Plus's Days Inventory

For the Specialty Chemicals subindustry, Directa Plus'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.

Directa Plus's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Directa Plus's Days Inventory distribution charts can be found below:

* The bar in red indicates where Directa Plus's Days Inventory falls into.

Directa Plus Days Inventory Calculation

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

Directa Plus's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (1.165	+	0.976)	/	2 )	/	5.26	*	365
=	1.0705					/	5.26	*	365
=	74.28

Directa Plus's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.976	+	1.234)	/	2 )	/	1.859	*	365 / 2
=	1.105					/	1.859	*	365 / 2
=	108.48

Directa Plus (LSE:DCTA) 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.

Directa Plus's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.859	/	1.105
	=	1.68

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.

Directa Plus's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.105	/	3.94
	=	0.28

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.

Directa Plus Days Inventory Related Terms

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

Directa Plus (LSE:DCTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Directa Plus PLC (LSE:DCTA) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

DTPKF:USA 88K:Germany

Address

ComoNExT Science Park, Via Cavour 2, Lomazzo, ITA, 22074

Website

https://www.directa-plus.com

Directa Plus PLC is a technology company engaged in the development of manufacturing processes to produce and supply high-quality engineered graphene-based products that can be used for industrial and commercial markets. The product range of the company includes G+ products and operates through the Textile; Environmental; and Others segments.

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