Days Inventory is also known as Days Sales of Inventory (DSI). Namoi Cotton's Average Total Inventories for the
six
months ended in Feb. 2024 was A$21.8 Mil. Namoi Cotton's Cost of Goods Sold for the
six
months ended in Feb. 2024 was A$33.9 Mil.
Hence, Namoi Cotton's Days Inventory for the
six
months ended in Feb. 2024 was 117.63.
The historical rank and industry rank for Namoi Cotton's Days Inventory or its related term are showing as below:
ASX:NAM'
s Days Inventory Range Over the Past 10 Years
Min: 7.39 Med: 9.41 Max: 59.75
Current: 59.75
During the past 13 years, Namoi Cotton's highest Days Inventory was 59.75. The lowest was 7.39. And the median was 9.41.
ASX:NAM's Days Inventory is ranked better than 67.82% of 1787
companies
in the Consumer Packaged Goods industry
Industry Median: 82.23
vs ASX:NAM: 59.75
Namoi Cotton's Days Inventory
increased
from Feb. 2023 (39.67) to Feb. 2024 (117.63).
It might indicate that Namoi Cotton'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.
Namoi Cotton's Inventory Turnover for the
six
months ended in Feb. 2024 was 1.55.
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.
Namoi Cotton's Inventory-to-Revenue for the
six
months ended in Feb. 2024 was 0.36.
Namoi Cotton Days Inventory Historical Data
The historical data trend for Namoi Cotton'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 Namoi Cotton's Days Inventory
For the Farm Products subindustry, Namoi Cotton'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.
Namoi Cotton's Days Inventory Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Namoi Cotton's Days Inventory distribution charts can be found below:
* The bar in red indicates where Namoi Cotton's Days Inventory falls into.
Namoi Cotton Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Namoi Cotton's Days Inventory for the fiscal year that ended in Feb. 2024 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.
Namoi Cotton (ASX:NAM) 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.
Namoi Cotton's Inventory Turnover for the
six
months ended in Feb. 2024 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.
Namoi Cotton's Inventory to Revenue for the
six
months ended in Feb. 2024 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.
Namoi Cotton Days Inventory Related Terms
Thank you for viewing the detailed overview of Namoi Cotton's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Namoi Cotton Ltd is engaged in the processing of cotton. The company is involved in the provision of cotton ginning services to cotton farmers, the marketing of cotton seed and by-products of the ginning process and, participation in the marketing of cotton lint bales. Its operating divisions are Ginning Services and Supply Chain & Marketing. The firm generates a majority of its revenue from the Ginning services.
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