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Summerset Group Holdings (ASX:SNZ) Days Inventory : 0.00 (As of Dec. 2023)


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What is Summerset Group Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Summerset Group Holdings's Average Total Inventories for the six months ended in Dec. 2023 was A$0.0 Mil. Summerset Group Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was A$13.3 Mil. Hence, Summerset Group Holdings's Days Inventory for the six months ended in Dec. 2023 was 0.00.

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

ASX:SNZ's Days Inventory is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 32.39
* Ranked among companies with meaningful Days Inventory only.

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


Summerset Group Holdings Days Inventory Historical Data

The historical data trend for Summerset Group Holdings'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.

Summerset Group Holdings Days Inventory Chart

Summerset Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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Summerset Group Holdings 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 Summerset Group Holdings's Days Inventory

For the Medical Care Facilities subindustry, Summerset Group Holdings'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.


Summerset Group Holdings's Days Inventory Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Summerset Group Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Summerset Group Holdings's Days Inventory falls into.



Summerset Group Holdings Days Inventory Calculation

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

Summerset Group Holdings's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 24.77*365
=0 / 24.77*365
=0.00

Summerset Group Holdings'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 ) / 13.266*365 / 2
=0 / 13.266*365 / 2
=0.00

* 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.


Summerset Group Holdings  (ASX:SNZ) 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.

Summerset Group Holdings'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.

Summerset Group Holdings'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.


Summerset Group Holdings Days Inventory Related Terms

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


Summerset Group Holdings (ASX:SNZ) Business Description

Traded in Other Exchanges
Address
100 Willis Street, Level 27, Majestic Centre, Wellington, NZL, 6011
Summerset Group Holdings Ltd operates retirement villages in New Zealand. The company receives a majority of its revenue from the New Zealand Ministry of Health, which subsidizes fees for eligible aged-care residents. Its revenue is primarily derived from care fees and village services income. Summerset provides a range of care for its residents, including in-home care and 24-hour medical-care centers. In addition to its independent-living villas and apartments, Summerset offers supported-living residences, which include assistance with daily activities like shopping and housekeeping.