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Seafarms Group (ASX:SFG) Days Inventory : 116.62 (As of Dec. 2023)


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What is Seafarms Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Seafarms Group's Average Total Inventories for the six months ended in Dec. 2023 was A$7.15 Mil. Seafarms Group's Cost of Goods Sold for the six months ended in Dec. 2023 was A$11.19 Mil. Hence, Seafarms Group's Days Inventory for the six months ended in Dec. 2023 was 116.62.

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

ASX:SFG' s Days Inventory Range Over the Past 10 Years
Min: 38.86   Med: 130.89   Max: 437.1
Current: 172.2

During the past 13 years, Seafarms Group's highest Days Inventory was 437.10. The lowest was 38.86. And the median was 130.89.

ASX:SFG's Days Inventory is ranked worse than
82.37% of 1787 companies
in the Consumer Packaged Goods industry
Industry Median: 82.17 vs ASX:SFG: 172.20

Seafarms Group's Days Inventory declined from Dec. 2022 (297.31) to Dec. 2023 (116.62).

Inventory Turnover measures how fast the company turns over its inventory within a year. Seafarms Group's Inventory Turnover for the six months ended in Dec. 2023 was 1.56.

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. Seafarms Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.35.


Seafarms Group Days Inventory Historical Data

The historical data trend for Seafarms 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.

Seafarms Group Days Inventory Chart

Seafarms Group Annual Data
Trend Sep13 Sep14 Sep15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 142.83 147.47 228.10 437.10 371.55

Seafarms Group Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 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 93.69 - 297.31 368.53 116.62

Competitive Comparison of Seafarms Group's Days Inventory

For the Farm Products subindustry, Seafarms 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.


Seafarms Group's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Seafarms Group's Days Inventory distribution charts can be found below:

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



Seafarms Group Days Inventory Calculation

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

Seafarms 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
=( (10.66 + 11.753) / 2 ) / 11.009*365
=11.2065 / 11.009*365
=371.55

Seafarms 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
=( (11.753 + 2.548) / 2 ) / 11.19*365 / 2
=7.1505 / 11.19*365 / 2
=116.62

* 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.


Seafarms Group  (ASX:SFG) 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.

Seafarms Group'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.

Seafarms Group'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.


Seafarms Group Days Inventory Related Terms

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


Seafarms Group (ASX:SFG) Business Description

Traded in Other Exchanges
N/A
Address
66 Smith Street, Level 6, Darwin, NT, AUS, 0800
Seafarms Group Ltd is an Australian agri-food company engaged in providing production platforms for producing high-quality seafood. The company's operating segment include Aquaculture and others. It generates maximum revenue from the Aquaculture segment. The company's project includes Sea Dragon and operates a black tiger and banana prawn aquaculture business located in North Queensland. Its product profile includes crystal bay prawns and crystal bay tigers.

Seafarms Group (ASX:SFG) Headlines

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