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Swift Networks Group (ASX:SW1) Days Inventory : 33.02 (As of Dec. 2023)


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What is Swift Networks Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Swift Networks Group's Average Total Inventories for the six months ended in Dec. 2023 was A$1.09 Mil. Swift Networks Group's Cost of Goods Sold for the six months ended in Dec. 2023 was A$6.05 Mil. Hence, Swift Networks Group's Days Inventory for the six months ended in Dec. 2023 was 33.02.

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

ASX:SW1' s Days Inventory Range Over the Past 10 Years
Min: 17.87   Med: 25.83   Max: 102.72
Current: 36.59

During the past 13 years, Swift Networks Group's highest Days Inventory was 102.72. The lowest was 17.87. And the median was 25.83.

ASX:SW1's Days Inventory is ranked worse than
56.01% of 657 companies
in the Media - Diversified industry
Industry Median: 26.06 vs ASX:SW1: 36.59

Swift Networks Group's Days Inventory declined from Dec. 2022 (34.51) to Dec. 2023 (33.02).

Inventory Turnover measures how fast the company turns over its inventory within a year. Swift Networks Group's Inventory Turnover for the six months ended in Dec. 2023 was 5.53.

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. Swift Networks Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.12.


Swift Networks Group Days Inventory Historical Data

The historical data trend for Swift Networks 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.

Swift Networks Group Days Inventory Chart

Swift Networks 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 23.24 20.54 31.40 27.41 37.41

Swift Networks 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 34.30 29.43 34.51 45.39 33.02

Competitive Comparison of Swift Networks Group's Days Inventory

For the Entertainment subindustry, Swift Networks 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.


Swift Networks Group's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Swift Networks Group's Days Inventory distribution charts can be found below:

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



Swift Networks Group Days Inventory Calculation

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

Swift Networks 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
=( (0.856 + 1.475) / 2 ) / 11.372*365
=1.1655 / 11.372*365
=37.41

Swift Networks 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
=( (1.475 + 0.714) / 2 ) / 6.049*365 / 2
=1.0945 / 6.049*365 / 2
=33.02

* 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.


Swift Networks Group  (ASX:SW1) 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.

Swift Networks 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.

Swift Networks 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.


Swift Networks Group Days Inventory Related Terms

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


Swift Networks Group (ASX:SW1) Business Description

Traded in Other Exchanges
N/A
Address
1060 Hay Street, West Perth, Perth, WA, AUS, 6005
Swift Networks Group Ltd is a provision of content and communications on television screens for out-of-home environments. Its sector includes Mining and Resources, Aged Care, Retirement, and Lifestyle Government. It operates only one reporting segment in the digital entertainment and service sector.

Swift Networks Group (ASX:SW1) Headlines

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