Days Inventory is also known as Days Sales of Inventory (DSI). Shelly Group's Average Total Inventories for the
three
months ended in Sep. 2023 was лв18.6 Mil. Shelly Group's Cost of Goods Sold for the
three
months ended in Sep. 2023 was лв12.8 Mil.
Hence, Shelly Group's Days Inventory for the
three
months ended in Sep. 2023 was 133.13.
The historical rank and industry rank for Shelly Group's Days Inventory or its related term are showing as below:
XBUL:SLYG'
s Days Inventory Range Over the Past 10 Years
Min: 10.36 Med: 28.76 Max: 132.29
Current: 132.29
During the past 6 years, Shelly Group's highest Days Inventory was 132.29. The lowest was 10.36. And the median was 28.76.
XBUL:SLYG's Days Inventory is ranked worse than 75% of 448
companies
in the Conglomerates industry
Industry Median: 73.405
vs XBUL:SLYG: 132.29
Shelly Group's Days Inventory
increased
from Sep. 2022 (126.51) to Sep. 2023 (133.13).
It might indicate that Shelly 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.
Shelly Group's Inventory Turnover for the
three
months ended in Sep. 2023 was 0.69.
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.
Shelly Group's Inventory-to-Revenue for the
three
months ended in Sep. 2023 was 0.59.
Shelly Group Days Inventory Historical Data
The historical data trend for Shelly 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.
Competitive Comparison of Shelly Group's Days Inventory
For the Conglomerates subindustry, Shelly 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.
Shelly Group's Days Inventory Distribution in the Conglomerates Industry
For the Conglomerates industry and Industrials sector, Shelly Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where Shelly Group's Days Inventory falls into.
Shelly Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Shelly Group's Days Inventory for the fiscal year that ended in Dec. 2022 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.
Shelly Group (XBUL:SLYG) 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.
Shelly Group's Inventory Turnover for the
three
months ended in Sep. 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.
Shelly Group's Inventory to Revenue for the
three
months ended in Sep. 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.
Shelly Group Days Inventory Related Terms
Thank you for viewing the detailed overview of Shelly Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Shelly Group Plc formerly Allterco AD is engaged in the acquisition, management, evaluation, and sale of participations in Bulgarian & foreign companies; acquisition, management, and sale of bonds; acquisition, evaluation, sale, and patents. It delivers innovation through designing, producing, and distributing high-quality IoT products. It group manages the business with electronic devices as one operating segment. Its products include Smartwatches, Tracker, and Home automation. It derives the majority of its revenue from the sale of smart devices.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XBUL:SLYG has been successfully added to your 