Xeros Technology Group (LSE:XSG) Days Inventory : 1,220.47 (As of Dec. 2023)

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What is Xeros Technology Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Xeros Technology Group's Average Total Inventories for the six months ended in Dec. 2023 was £0.16 Mil. Xeros Technology Group's Cost of Goods Sold for the six months ended in Dec. 2023 was £0.02 Mil. Hence, Xeros Technology Group's Days Inventory for the six months ended in Dec. 2023 was 1,220.47.

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

LSE:XSG' s Days Inventory Range Over the Past 10 Years
Min: 110.44 Med: 468.34 Max: 1672.23
Current: 1134.78

During the past 12 years, Xeros Technology Group's highest Days Inventory was 1672.23. The lowest was 110.44. And the median was 468.34.

LSE:XSG's Days Inventory is ranked worse than
99.41% of 2898 companies
in the Industrial Products industry
Industry Median: 121.445 vs LSE:XSG: 1134.78

Xeros Technology Group's Days Inventory increased from Dec. 2022 (678.21) to Dec. 2023 (1,220.47). It might indicate that Xeros Technology 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. Xeros Technology Group's Inventory Turnover for the six months ended in Dec. 2023 was 0.15.

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. Xeros Technology Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.87.

Xeros Technology Group Days Inventory Historical Data

The historical data trend for Xeros Technology 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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Xeros Technology Group Days Inventory Chart

Xeros Technology Group Annual Data

Trend

Jul13

Jul14

Jul15

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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110.44

183.76

192.90

620.50

1,133.61

Xeros Technology Group Semi-Annual Data
	Jul13	Jan14	Jul14	Jan15	Jul15	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															231.73	464.74	678.21	1,062.41	1,220.47

Competitive Comparison of Xeros Technology Group's Days Inventory

For the Specialty Industrial Machinery subindustry, Xeros Technology 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.

Xeros Technology Group's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xeros Technology Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Xeros Technology Group's Days Inventory falls into.

Xeros Technology Group Days Inventory Calculation

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

Xeros Technology Group'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
=	( (0.164	+	0.159)	/	2 )	/	0.052	*	365
=	0.1615					/	0.052	*	365
=	1,133.61

Xeros Technology 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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.162	+	0.159)	/	2 )	/	0.024	*	365 / 2
=	0.1605					/	0.024	*	365 / 2
=	1,220.47

Xeros Technology Group (LSE:XSG) 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.

Xeros Technology Group's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.024	/	0.1605
	=	0.15

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.

Xeros Technology Group's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.1605	/	0.184
	=	0.87

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.

Xeros Technology Group Days Inventory Related Terms

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

Xeros Technology Group (LSE:XSG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Xeros Technology Group PLC (LSE:XSG) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 2, Evolution, Advanced Manufacturing Park,, Whittle Way, Catcliffe, Rotherham, South Yorkshire, GBR, S60 5BL

Website

https://www.xerostech.com

Xeros Technology Group PLC develops patented polymer bead systems with multiple identified potential commercial applications which are used mostly in the commercial laundry market. It has begun the rollout of 25kg capacity washing machines that exclusively use the company's patented polymer bead cleaning system. In addition to the commercial laundry market, its polymer bead technologies have a range of potential applications in other industries including domestic laundry, leather processing, garment finishing, and metal cleaning. It has its operations in Europe and North America. It earns revenues from the sale/provision of polymer bead cleaning equipment, consumables, and services.

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