Wise Finance (WAR:IBS) Days Inventory : 228.39 (As of Dec. 2023)

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What is Wise Finance Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Wise Finance's Average Total Inventories for the three months ended in Dec. 2023 was zł2.17 Mil. Wise Finance's Cost of Goods Sold for the three months ended in Dec. 2023 was zł0.87 Mil. Hence, Wise Finance's Days Inventory for the three months ended in Dec. 2023 was 228.39.

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

WAR:IBS' s Days Inventory Range Over the Past 10 Years
Min: 14.49 Med: 2492.94 Max: 868178.57
Current: 172.04

During the past 13 years, Wise Finance's highest Days Inventory was 868178.57. The lowest was 14.49. And the median was 2492.94.

WAR:IBS's Days Inventory is ranked better than
77.03% of 1328 companies
in the Real Estate industry
Industry Median: 699.07 vs WAR:IBS: 172.04

Wise Finance's Days Inventory increased from Dec. 2022 (91.88) to Dec. 2023 (228.39). It might indicate that Wise Finance'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. Wise Finance's Inventory Turnover for the three months ended in Dec. 2023 was 0.40.

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. Wise Finance's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.24.

Wise Finance Days Inventory Historical Data

The historical data trend for Wise Finance'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.

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Wise Finance Days Inventory Chart

Wise Finance Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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14.49

18.28

Wise Finance 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															91.88	105.39	108.48	8,305.50	228.39

Competitive Comparison of Wise Finance's Days Inventory

For the Real Estate Services subindustry, Wise Finance'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.

Wise Finance's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Wise Finance's Days Inventory distribution charts can be found below:

* The bar in red indicates where Wise Finance's Days Inventory falls into.

Wise Finance Days Inventory Calculation

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

Wise Finance'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
=	( (0.426	+	0.091)	/	2 )	/	5.162	*	365
=	0.2585					/	5.162	*	365
=	18.28

Wise Finance'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
=	( (4.239	+	0.091)	/	2 )	/	0.865	*	365 / 4
=	2.165					/	0.865	*	365 / 4
=	228.39

Wise Finance (WAR:IBS) 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.

Wise Finance's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.865	/	2.165
	=	0.40

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.

Wise Finance's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.165	/	1.742
	=	1.24

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.

Wise Finance Days Inventory Related Terms

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

Wise Finance (WAR:IBS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Wise Finance SA (WAR:IBS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

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Address

Ulica Adama Naruszewicza 27, Warsaw, POL, 310 02-627

Website

http://www.ibsmsa.pl

Wise Finance SA formerly Noble Financials SA is engaged in investing, trading, implementing and managing real estate projects and development projects. The company's activity focuses on the implementation of high-quality housing projects and on office investments.

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