GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Supply Network Ltd (ASX:SNL) » Definitions » Days Inventory

Supply Network (ASX:SNL) Days Inventory : 190.20 (As of Dec. 2023)


View and export this data going back to 1987. Start your Free Trial

What is Supply Network Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Supply Network's Average Total Inventories for the six months ended in Dec. 2023 was A$88.4 Mil. Supply Network's Cost of Goods Sold for the six months ended in Dec. 2023 was A$84.8 Mil. Hence, Supply Network's Days Inventory for the six months ended in Dec. 2023 was 190.20.

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

ASX:SNL' s Days Inventory Range Over the Past 10 Years
Min: 178.9   Med: 194.97   Max: 206.37
Current: 187.34

During the past 13 years, Supply Network's highest Days Inventory was 206.37. The lowest was 178.90. And the median was 194.97.

ASX:SNL's Days Inventory is ranked worse than
89.67% of 1258 companies
in the Vehicles & Parts industry
Industry Median: 81.295 vs ASX:SNL: 187.34

Supply Network's Days Inventory increased from Dec. 2022 (178.21) to Dec. 2023 (190.20). It might indicate that Supply Network's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Supply Network's Inventory Turnover for the six months ended in Dec. 2023 was 0.96.

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. Supply Network's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.61.


Supply Network Days Inventory Historical Data

The historical data trend for Supply Network'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.

Supply Network Days Inventory Chart

Supply Network 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 194.07 206.37 195.69 188.44 178.90

Supply Network 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 191.06 195.97 178.21 180.11 190.20

Competitive Comparison of Supply Network's Days Inventory

For the Auto Parts subindustry, Supply Network'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.


Supply Network's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Supply Network's Days Inventory distribution charts can be found below:

* The bar in red indicates where Supply Network's Days Inventory falls into.



Supply Network Days Inventory Calculation

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

Supply Network'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
=( (63.296 + 79.4) / 2 ) / 145.565*365
=71.348 / 145.565*365
=178.90

Supply Network'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
=( (79.4 + 97.402) / 2 ) / 84.82*365 / 2
=88.401 / 84.82*365 / 2
=190.20

* 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.


Supply Network  (ASX:SNL) 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.

Supply Network'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.

Supply Network'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.


Supply Network Days Inventory Related Terms

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


Supply Network (ASX:SNL) Business Description

Traded in Other Exchanges
N/A
Address
1 Turnbull Close, Pemulwuy, Sydney, NSW, AUS, 2145
Supply Network Ltd is a company that engages in the provision of aftermarket parts to the commercial vehicle industry. It operates in Australia and New Zealand under the Multispares brand. The Group operates predominantly in one business segment the provision of aftermarket parts for the commercial vehicle market. The group derives the majority of its revenue from Australia.

Supply Network (ASX:SNL) Headlines

No Headlines