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Hygrovest Limited (ASX:HGV) Days Inventory : 0.00 (As of Dec. 2023)


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What is Hygrovest Limited Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hygrovest Limited's Average Total Inventories for the six months ended in Dec. 2023 was A$0.00 Mil. Hygrovest Limited's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.00 Mil.

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

During the past 8 years, Hygrovest Limited's highest Days Inventory was 4816.57. The lowest was 626.15. And the median was 1598.94.

ASX:HGV's Days Inventory is not ranked *
in the Asset Management industry.
Industry Median: 76.8
* Ranked among companies with meaningful Days Inventory only.

Hygrovest Limited's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Hygrovest Limited's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.


Hygrovest Limited Days Inventory Historical Data

The historical data trend for Hygrovest Limited'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.

Hygrovest Limited Days Inventory Chart

Hygrovest Limited Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
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Hygrovest Limited Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Hygrovest Limited's Days Inventory

For the Asset Management subindustry, Hygrovest Limited'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.


Hygrovest Limited's Days Inventory Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Hygrovest Limited's Days Inventory distribution charts can be found below:

* The bar in red indicates where Hygrovest Limited's Days Inventory falls into.



Hygrovest Limited Days Inventory Calculation

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

Hygrovest Limited'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 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Hygrovest Limited'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
=( (0 + 0) / 1 ) / 0*365 / 2
=0 / 0*365 / 2
=N/A

* 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.


Hygrovest Limited  (ASX:HGV) 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.

Hygrovest Limited'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.

Hygrovest Limited'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.


Hygrovest Limited Days Inventory Related Terms

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


Hygrovest Limited (ASX:HGV) Business Description

Traded in Other Exchanges
Address
19-29 Martin Place, MLC Centre, Suite 5706, Level 57, Sydney, NSW, AUS, 2000
Hygrovest Limited is a specialist investment company. It has built a diversified portfolio by investing in Australian and offshore cannabis-related businesses including healthcare products, technology, and infrastructure. The company's portfolio includes Southern Cannabis Holdings, Medio Labs Inc , Weed Me, Fire and Flower, Bien, BevCanna, and others.