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Sequoia Financial Group (ASX:SEQ) Days Inventory : 0.00 (As of Dec. 2023)


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What is Sequoia Financial Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sequoia Financial Group's Average Total Inventories for the six months ended in Dec. 2023 was A$0.00 Mil. Sequoia Financial Group'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 Sequoia Financial Group's Days Inventory or its related term are showing as below:

ASX:SEQ's Days Inventory is not ranked *
in the Diversified Financial Services industry.
Industry Median: 69.33
* Ranked among companies with meaningful Days Inventory only.

Sequoia Financial Group'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. Sequoia Financial Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.


Sequoia Financial Group Days Inventory Historical Data

The historical data trend for Sequoia Financial 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.

Sequoia Financial Group Days Inventory Chart

Sequoia Financial Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
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Sequoia Financial Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Sequoia Financial Group's Days Inventory

For the Financial Conglomerates subindustry, Sequoia Financial 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.


Sequoia Financial Group's Days Inventory Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Sequoia Financial Group's Days Inventory distribution charts can be found below:

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



Sequoia Financial Group Days Inventory Calculation

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

Sequoia Financial 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
=( (0.03 + 0) / 1 ) / 0*365
=0.03 / 0*365
=N/A

Sequoia Financial 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
=( (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.


Sequoia Financial Group  (ASX:SEQ) 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.

Sequoia Financial 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.

Sequoia Financial 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.


Sequoia Financial Group Days Inventory Related Terms

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


Sequoia Financial Group (ASX:SEQ) Business Description

Traded in Other Exchanges
N/A
Address
525 Flinders Street, Level 8, Melbourne, VIC, AUS, 3000
Sequoia Financial Group Ltd is a financial services company. The company's operating segments include Sequoia Licensees Services Group; Sequoia Professional Services Group; Sequoia Equity Markets Group; Sequoia Direct Investment Group and Head Office. It generates maximum revenue from the Macquarie and Sequoia Equity Markets Group segment. The company offers investment and superannuation products, Wealth management and advisory services, corporate advisory and capital markets expertise, Retail, wholesale, and institutional trading platforms, and Market Data and financial news services.

Sequoia Financial Group (ASX:SEQ) Headlines

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