Days Inventory is also known as Days Sales of Inventory (DSI). NTAW Holdings's Average Total Inventories for the
six
months ended in Dec. 2023 was A$131.2 Mil. NTAW Holdings's Cost of Goods Sold for the
six
months ended in Dec. 2023 was A$182.6 Mil.
Hence, NTAW Holdings's Days Inventory for the
six
months ended in Dec. 2023 was 131.17.
The historical rank and industry rank for NTAW Holdings's Days Inventory or its related term are showing as below:
ASX:NTD'
s Days Inventory Range Over the Past 10 Years
Min: 80.27 Med: 125.9 Max: 175.01
Current: 125.47
During the past 6 years, NTAW Holdings's highest Days Inventory was 175.01. The lowest was 80.27. And the median was 125.90.
ASX:NTD's Days Inventory is ranked worse than 75.88% of 1256
companies
in the Vehicles & Parts industry
Industry Median: 81.03
vs ASX:NTD: 125.47
NTAW Holdings's Days Inventory
increased
from Dec. 2022 (110.71) to Dec. 2023 (131.17).
It might indicate that NTAW Holdings's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
NTAW Holdings's Inventory Turnover for the
six
months ended in Dec. 2023 was 1.39.
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.
NTAW Holdings's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.50.
NTAW Holdings Days Inventory Historical Data
The historical data trend for NTAW Holdings'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 NTAW Holdings's Days Inventory
For the Auto Parts subindustry, NTAW Holdings'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.
NTAW Holdings's Days Inventory Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, NTAW Holdings's Days Inventory distribution charts can be found below:
* The bar in red indicates where NTAW Holdings's Days Inventory falls into.
NTAW Holdings Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
NTAW Holdings's Days Inventory for the fiscal year that 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.
NTAW Holdings (ASX:NTD) 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.
NTAW Holdings's Inventory Turnover for the
six
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.
NTAW Holdings's Inventory to Revenue for the
six
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.
NTAW Holdings Days Inventory Related Terms
Thank you for viewing the detailed overview of NTAW Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
National Tyre & Wheel Ltd is engaged in the distribution and marketing of motor vehicle tires, wheels, tubes, and related products. It distributes its products in Australia, New Zealand, and South Africa. The company generates maximum revenue from Australia.
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