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Glintt - Global Intelligent Technologies (XLIS:GLINT) Days Inventory : 10.88 (As of Dec. 2023)


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What is Glintt - Global Intelligent Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Glintt - Global Intelligent Technologies's Average Total Inventories for the three months ended in Dec. 2023 was €2.6 Mil. Glintt - Global Intelligent Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was €21.9 Mil. Hence, Glintt - Global Intelligent Technologies's Days Inventory for the three months ended in Dec. 2023 was 10.88.

The historical rank and industry rank for Glintt - Global Intelligent Technologies's Days Inventory or its related term are showing as below:

XLIS:GLINT' s Days Inventory Range Over the Past 10 Years
Min: 6.43   Med: 8.38   Max: 16.23
Current: 10.51

During the past 13 years, Glintt - Global Intelligent Technologies's highest Days Inventory was 16.23. The lowest was 6.43. And the median was 8.38.

XLIS:GLINT's Days Inventory is ranked better than
59.81% of 1565 companies
in the Software industry
Industry Median: 19.61 vs XLIS:GLINT: 10.51

Glintt - Global Intelligent Technologies's Days Inventory increased from Dec. 2022 (10.59) to Dec. 2023 (10.88). It might indicate that Glintt - Global Intelligent Technologies's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Glintt - Global Intelligent Technologies's Inventory Turnover for the three months ended in Dec. 2023 was 8.39.

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. Glintt - Global Intelligent Technologies's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.09.


Glintt - Global Intelligent Technologies Days Inventory Historical Data

The historical data trend for Glintt - Global Intelligent Technologies'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.

Glintt - Global Intelligent Technologies Days Inventory Chart

Glintt - Global Intelligent Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.74 6.64 13.07 7.72 10.10

Glintt - Global Intelligent Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 10.59 9.77 10.92 10.90 10.88

Competitive Comparison of Glintt - Global Intelligent Technologies's Days Inventory

For the Information Technology Services subindustry, Glintt - Global Intelligent Technologies'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.


Glintt - Global Intelligent Technologies's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Glintt - Global Intelligent Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where Glintt - Global Intelligent Technologies's Days Inventory falls into.



Glintt - Global Intelligent Technologies Days Inventory Calculation

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

Glintt - Global Intelligent Technologies'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
=( (2.191 + 2.77) / 2 ) / 89.599*365
=2.4805 / 89.599*365
=10.10

Glintt - Global Intelligent Technologies'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (2.446 + 2.77) / 2 ) / 21.871*365 / 4
=2.608 / 21.871*365 / 4
=10.88

* 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.


Glintt - Global Intelligent Technologies  (XLIS:GLINT) 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.

Glintt - Global Intelligent Technologies's Inventory Turnover for the three months ended in Dec. 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.

Glintt - Global Intelligent Technologies's Inventory to Revenue for the three months ended in Dec. 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.


Glintt - Global Intelligent Technologies Days Inventory Related Terms

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Glintt - Global Intelligent Technologies (XLIS:GLINT) Business Description

Traded in Other Exchanges
Address
Beloura Office Park, Edificio 10, Quinta da Beloura, Sintra, PRT, 2710-693
Glintt - Global Intelligent Technologies SA along with its holding provides Information Technology and related consulting services. It offers business consulting, management of IT infrastructures and solutions, physical design & automation, software solution, and support services. The company serves healthcare, pharma, financial services, and public sector. It operates in Portugal, Spain, Angola, Brazil, the United Kingdom, and Ireland.

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