GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SG Fleet Group Ltd (ASX:SGF) » Definitions » Days Inventory

SG Fleet Group (ASX:SGF) Days Inventory : 24.69 (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is SG Fleet Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SG Fleet Group's Average Total Inventories for the six months ended in Dec. 2023 was A$29.7 Mil. SG Fleet Group's Cost of Goods Sold for the six months ended in Dec. 2023 was A$219.9 Mil. Hence, SG Fleet Group's Days Inventory for the six months ended in Dec. 2023 was 24.69.

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

ASX:SGF' s Days Inventory Range Over the Past 10 Years
Min: 12.62   Med: 35.04   Max: 121.3
Current: 24.86

During the past 10 years, SG Fleet Group's highest Days Inventory was 121.30. The lowest was 12.62. And the median was 35.04.

ASX:SGF's Days Inventory is ranked better than
53.08% of 682 companies
in the Business Services industry
Industry Median: 29.735 vs ASX:SGF: 24.86

SG Fleet Group's Days Inventory declined from Dec. 2022 (32.09) to Dec. 2023 (24.69).

Inventory Turnover measures how fast the company turns over its inventory within a year. SG Fleet Group's Inventory Turnover for the six months ended in Dec. 2023 was 7.39.

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. SG Fleet Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.08.

SG Fleet Group Days Inventory Historical Data

The historical data trend for SG Fleet 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.

* Premium members only.

SG Fleet Group Days Inventory Chart

SG Fleet Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.62 18.38 18.62 30.82 34.21

SG Fleet Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 16.69 40.00 32.09 25.42 24.69

Competitive Comparison of SG Fleet Group's Days Inventory

For the Rental & Leasing Services subindustry, SG Fleet 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.

SG Fleet Group's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SG Fleet Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where SG Fleet Group's Days Inventory falls into.


SG Fleet Group Days Inventory Calculation

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

SG Fleet Group's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (48.496 + 29.583) / 2 ) / 416.538*365
=39.0395 / 416.538*365
=34.21

SG Fleet 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
=( (29.583 + 29.911) / 2 ) / 219.87*365 / 2
=29.747 / 219.87*365 / 2
=24.69

* 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.

SG Fleet Group  (ASX:SGF) 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.

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

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=219.87 / 29.747
=7.39

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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=29.747 / 372.55
=0.08

* 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.

SG Fleet Group Days Inventory Related Terms

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

SG Fleet Group (ASX:SGF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SG Fleet Group Ltd (ASX:SGF) » Definitions » Days Inventory
Comparable Companies
ASX:FPR ASX:EHL ASX:AQN ASX:BPP ASX:SIV ASX:CL8 URI LSE:AHT AER BSP:RENT3 UHAL WSC CAR XPAR:ALD TSX:EFN TSE:8439 HKSE:02588 R AL FTAI
Traded in Other Exchanges
N/A
Address
20 Bridge Street, Level 2, Building 3, Pymble, Sydney, NSW, AUS, 2073
Website
https://www.sgfleet.com
SG Fleet Group Ltd is a fleet management solutions providing company. It is also involved in the activities of vehicle leasing, short-term hire, novated leasing, salary packaging and consumer vehicle finance. The fleet management services include funding options, registration renewal, fuel cards and reporting, vehicle acquisition and disposal, comprehensive insurance and other services. Geographically, the group operates in the business segments of Australia, New Zealand, and the United Kingdom, of which the majority of the revenue is derived from its operations in Australia.