Scott Technology (NZSE:SCT) Days Inventory : 81.64 (As of Feb. 2024)

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What is Scott Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Scott Technology's Average Total Inventories for the six months ended in Feb. 2024 was NZ$37.3 Mil. Scott Technology's Cost of Goods Sold for the six months ended in Feb. 2024 was NZ$83.3 Mil. Hence, Scott Technology's Days Inventory for the six months ended in Feb. 2024 was 81.64.

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

NZSE:SCT' s Days Inventory Range Over the Past 10 Years
Min: 61.45 Med: 68.74 Max: 117.15
Current: 78.09

During the past 13 years, Scott Technology's highest Days Inventory was 117.15. The lowest was 61.45. And the median was 68.74.

NZSE:SCT's Days Inventory is ranked better than
74.68% of 2899 companies
in the Industrial Products industry
Industry Median: 121.51 vs NZSE:SCT: 78.09

Scott Technology's Days Inventory increased from Feb. 2023 (77.95) to Feb. 2024 (81.64). It might indicate that Scott Technology's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Scott Technology's Inventory Turnover for the six months ended in Feb. 2024 was 2.24.

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. Scott Technology's Inventory-to-Revenue for the six months ended in Feb. 2024 was 0.31.

Scott Technology Days Inventory Historical Data

The historical data trend for Scott Technology'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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Scott Technology Days Inventory Chart

Scott Technology Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Inventory

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61.45

69.96

62.94

76.19

79.88

Scott Technology Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Days Inventory	Get a 7-Day Free Trial															63.90	96.33	77.95	77.26	81.64

Competitive Comparison of Scott Technology's Days Inventory

For the Specialty Industrial Machinery subindustry, Scott Technology'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.

Scott Technology's Days Inventory Distribution in the Industrial Products Industry

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

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

Scott Technology Days Inventory Calculation

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

Scott Technology's Days Inventory for the fiscal year that ended in Aug. 2023 is calculated as

	Days Inventory (A: Aug. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Aug. 2022 )	+	Total Inventories (A: Aug. 2023 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2023 )	*	Days in Period
=	( (31.328	+	38.251)	/	2 )	/	158.967	*	365
=	34.7895					/	158.967	*	365
=	79.88

Scott Technology's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

	Days Inventory (Q: Feb. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Aug. 2023 )	+	Total Inventories (Q: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
=	( (38.251	+	36.298)	/	2 )	/	83.324	*	365 / 2
=	37.2745					/	83.324	*	365 / 2
=	81.64

Scott Technology (NZSE:SCT) 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.

Scott Technology's Inventory Turnover for the six months ended in Feb. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	83.324	/	37.2745
	=	2.24

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.

Scott Technology's Inventory to Revenue for the six months ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	37.2745	/	119.677
	=	0.31

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.

Scott Technology Days Inventory Related Terms

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

Scott Technology (NZSE:SCT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Scott Technology Ltd (NZSE:SCT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

630 Kaikorai Valley Road, Dunedin, OTA, NZL, 9011

Website

https://www.scottautomation.com

Scott Technology Ltd is a robotics and automation company. It designs and manufactures automated production, robotics, and process machinery. The firm provides products and solutions to the industries such as meat processing; industrial automation and robotics; appliances; mining; and others. Its business segments are New Zealand manufacturing, Australia manufacturing; Americas manufacturing; Europe manufacturing; and China manufacturing. Maximum revenue is generated from the Americas manufacturing segment. The group operates in New Zealand, North America, Australia, South America, Asia, Russia and former states, Africa and the Middle East, and Other Europe.