Phoslock Environmental Technologies (ASX:PET) Days Inventory : 2,946.92 (As of Dec. 2024)

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What is Phoslock Environmental Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Phoslock Environmental Technologies's Average Total Inventories for the six months ended in Dec. 2024 was A$2.24 Mil. Phoslock Environmental Technologies's Cost of Goods Sold for the six months ended in Dec. 2024 was A$0.14 Mil. Hence, Phoslock Environmental Technologies's Days Inventory for the six months ended in Dec. 2024 was 2,946.92.

The historical rank and industry rank for Phoslock Environmental Technologies's Days Inventory or its related term are showing as below:

ASX:PET' s Days Inventory Range Over the Past 10 Years
Min: 62.58 Med: 238.1 Max: 1102.75
Current: 1078.46

During the past 13 years, Phoslock Environmental Technologies's highest Days Inventory was 1102.75. The lowest was 62.58. And the median was 238.10.

ASX:PET's Days Inventory is not ranked
in the Industrial Products industry.
Industry Median: 124.81 vs ASX:PET: 1078.46

Phoslock Environmental Technologies's Days Inventory increased from Dec. 2023 (296.73) to Dec. 2024 (2,946.92). It might indicate that Phoslock Environmental Technologies'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. Phoslock Environmental Technologies's Inventory Turnover for the six months ended in Dec. 2024 was 0.06.

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. Phoslock Environmental Technologies's Inventory-to-Revenue for the six months ended in Dec. 2024 was 12.33.

Phoslock Environmental Technologies Days Inventory Historical Data

The historical data trend for Phoslock Environmental Technologies'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.

Phoslock Environmental Technologies Days Inventory Chart

Phoslock Environmental Technologies Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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414.39

370.20

449.19

485.39

1,102.75

Phoslock Environmental Technologies Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Inventory	Get a 7-Day Free Trial															279.17	821.64	296.73	605.28	2,946.92

Competitive Comparison of Phoslock Environmental Technologies's Days Inventory

For the Pollution & Treatment Controls subindustry, Phoslock Environmental Technologies'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.

Phoslock Environmental Technologies's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Phoslock Environmental Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where Phoslock Environmental Technologies's Days Inventory falls into.

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Phoslock Environmental Technologies Days Inventory Calculation

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

Phoslock Environmental Technologies's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (1.769	+	2.497)	/	2 )	/	0.706	*	365
=	2.133					/	0.706	*	365
=	1,102.75

Phoslock Environmental Technologies's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (1.992	+	2.497)	/	2 )	/	0.139	*	365 / 2
=	2.2445					/	0.139	*	365 / 2
=	2,946.92

Phoslock Environmental Technologies (ASX:PET) 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.

Phoslock Environmental Technologies's Inventory Turnover for the six months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.139	/	2.2445
	=	0.06

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.

Phoslock Environmental Technologies's Inventory to Revenue for the six months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.2445	/	0.182
	=	12.33

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.

Phoslock Environmental Technologies Days Inventory Related Terms

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

Phoslock Environmental Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Phoslock Environmental Technologies Ltd (ASX:PET) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

75 Elizabeth Street, Suite3, Level 12, Sydney, NSW, AUS, 2000

Website

http://www.phoslock.com.au

Phoslock Environmental Technologies Ltd provides water technologies and engineering solutions to manage nutrients and other water pollutants. The company is engaged in providing design, engineering, and project implementation solutions for water-related projects and water treatment products to clean up lakes, rivers, canals, wetlands, and drinking water reservoirs. The geographical segments of the group are Australia/New Zealand, Europe/UK, U.S/Canada/Brazil, and China.