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SKS Technologies Group (ASX:SKS) Days Inventory : 0.90 (As of Dec. 2024)


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What is SKS Technologies Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SKS Technologies Group's Average Total Inventories for the six months ended in Dec. 2024 was A$0.3 Mil. SKS Technologies Group's Cost of Goods Sold for the six months ended in Dec. 2024 was A$55.9 Mil. Hence, SKS Technologies Group's Days Inventory for the six months ended in Dec. 2024 was 0.90.

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

ASX:SKS' s Days Inventory Range Over the Past 10 Years
Min: 0.48   Med: 35.13   Max: 225.31
Current: 1.44

During the past 13 years, SKS Technologies Group's highest Days Inventory was 225.31. The lowest was 0.48. And the median was 35.13.

ASX:SKS's Days Inventory is ranked better than
99.79% of 2925 companies
in the Industrial Products industry
Industry Median: 121.52 vs ASX:SKS: 1.44

SKS Technologies Group's Days Inventory declined from Dec. 2023 (2.05) to Dec. 2024 (0.90).

Inventory Turnover measures how fast the company turns over its inventory within a year. SKS Technologies Group's Inventory Turnover for the six months ended in Dec. 2024 was 203.66.

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. SKS Technologies Group's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.00.


SKS Technologies Group Days Inventory Historical Data

The historical data trend for SKS Technologies 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.

SKS Technologies Group Days Inventory Chart

SKS Technologies Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.94 1.78 0.71 0.59 0.48

SKS Technologies Group 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 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 0.50 0.39 2.05 1.63 0.90

Competitive Comparison of SKS Technologies Group's Days Inventory

For the Electrical Equipment & Parts subindustry, SKS Technologies 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.


SKS Technologies Group's Days Inventory Distribution in the Industrial Products Industry

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

* The bar in red indicates where SKS Technologies Group's Days Inventory falls into.


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SKS Technologies Group Days Inventory Calculation

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

SKS Technologies Group's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

Days Inventory (A: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (0.049 + 0.142) / 2 ) / 72.345*365
=0.0955 / 72.345*365
=0.48

SKS Technologies Group'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
=( (0.142 + 0.407) / 2 ) / 55.906*365 / 2
=0.2745 / 55.906*365 / 2
=0.90

* 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.


SKS Technologies Group  (ASX:SKS) 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.

SKS Technologies Group's Inventory Turnover for the six months ended in Dec. 2024 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.

SKS Technologies Group's Inventory to Revenue for the six months ended in Dec. 2024 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.


SKS Technologies Group Days Inventory Related Terms

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


SKS Technologies Group Business Description

Traded in Other Exchanges
N/A
Address
700 Spencer Street, Melbourne, VIC, AUS, 3003
SKS Technologies Group Ltd is engaged in the business of providing audiovisual products & solutions and electrical and communications cabling for the commercial, retail, health, defense, and education markets. It operates in audio-visual, communication, IT, and electrical markets as a reportable segment.

SKS Technologies Group Headlines

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