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Surface Transforms (LSE:SCE) Days Inventory : 510.32 (As of Jun. 2023)


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What is Surface Transforms Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Surface Transforms's Average Total Inventories for the six months ended in Jun. 2023 was £3.70 Mil. Surface Transforms's Cost of Goods Sold for the six months ended in Jun. 2023 was £1.32 Mil. Hence, Surface Transforms's Days Inventory for the six months ended in Jun. 2023 was 510.32.

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

LSE:SCE' s Days Inventory Range Over the Past 10 Years
Min: 205.76   Med: 459.51   Max: 956.11
Current: 532.61

During the past 13 years, Surface Transforms's highest Days Inventory was 956.11. The lowest was 205.76. And the median was 459.51.

LSE:SCE's Days Inventory is ranked worse than
98.01% of 1258 companies
in the Vehicles & Parts industry
Industry Median: 81.39 vs LSE:SCE: 532.61

Surface Transforms's Days Inventory increased from Jun. 2022 (291.63) to Jun. 2023 (510.32). It might indicate that Surface Transforms's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Surface Transforms's Inventory Turnover for the six months ended in Jun. 2023 was 0.36.

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. Surface Transforms's Inventory-to-Revenue for the six months ended in Jun. 2023 was 1.13.


Surface Transforms Days Inventory Historical Data

The historical data trend for Surface Transforms'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.

Surface Transforms Days Inventory Chart

Surface Transforms Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 558.57 956.11 493.77 425.24 421.92

Surface Transforms Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 258.24 519.77 291.63 579.58 510.32

Competitive Comparison of Surface Transforms's Days Inventory

For the Auto Parts subindustry, Surface Transforms'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.


Surface Transforms's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Surface Transforms's Days Inventory distribution charts can be found below:

* The bar in red indicates where Surface Transforms's Days Inventory falls into.



Surface Transforms Days Inventory Calculation

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

Surface Transforms'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
=( (1.338 + 3.376) / 2 ) / 2.039*365
=2.357 / 2.039*365
=421.92

Surface Transforms'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
=( (3.376 + 4.023) / 2 ) / 1.323*365 / 2
=3.6995 / 1.323*365 / 2
=510.32

* 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.


Surface Transforms  (LSE:SCE) 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.

Surface Transforms's Inventory Turnover for the six months ended in Jun. 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.

Surface Transforms's Inventory to Revenue for the six months ended in Jun. 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.


Surface Transforms Days Inventory Related Terms

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


Surface Transforms (LSE:SCE) Business Description

Traded in Other Exchanges
Address
Acornfield Road, Knowsley Industrial Estate, Image Business Park, Liverpool, GBR, L33 7UF
Surface Transforms PLC is a company that develops, manufactures, and markets carbon-ceramic products for the brakes market. It also engages in developing new products and applications for carbon fiber-reinforced ceramic friction and non-friction materials. It has operations spread across the United Kingdom, Germany, Sweden the United States of America, the Rest of Europe, and the Rest of the World.

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