Wingara AG (ASX:WNR) Days Inventory : 122.14 (As of Sep. 2023)

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What is Wingara AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Wingara AG's Average Total Inventories for the six months ended in Sep. 2023 was A$0.39 Mil. Wingara AG's Cost of Goods Sold for the six months ended in Sep. 2023 was A$0.58 Mil. Hence, Wingara AG's Days Inventory for the six months ended in Sep. 2023 was 122.14.

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

ASX:WNR' s Days Inventory Range Over the Past 10 Years
Min: 20.8 Med: 52.05 Max: 91.93
Current: 24.16

During the past 13 years, Wingara AG's highest Days Inventory was 91.93. The lowest was 20.80. And the median was 52.05.

ASX:WNR's Days Inventory is ranked better than
92.44% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.1 vs ASX:WNR: 24.16

Wingara AG's Days Inventory increased from Sep. 2022 (21.65) to Sep. 2023 (122.14). It might indicate that Wingara AG's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wingara AG's Inventory Turnover for the six months ended in Sep. 2023 was 1.49.

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. Wingara AG's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.64.

Wingara AG Days Inventory Historical Data

The historical data trend for Wingara AG'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.

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Wingara AG Days Inventory Chart

Wingara AG Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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88.07

91.93

52.05

29.42

20.80

Wingara AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial															32.34	30.08	21.65	16.18	122.14

Competitive Comparison of Wingara AG's Days Inventory

For the Farm Products subindustry, Wingara AG'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.

Wingara AG's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Wingara AG's Days Inventory distribution charts can be found below:

* The bar in red indicates where Wingara AG's Days Inventory falls into.

Wingara AG Days Inventory Calculation

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

Wingara AG's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (1.682	+	0.489)	/	2 )	/	19.052	*	365
=	1.0855					/	19.052	*	365
=	20.80

Wingara AG's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.489	+	0.286)	/	2 )	/	0.579	*	365 / 2
=	0.3875					/	0.579	*	365 / 2
=	122.14

Wingara AG (ASX:WNR) 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.

Wingara AG's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.579	/	0.3875
	=	1.49

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.

Wingara AG's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.3875	/	0.61
	=	0.64

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.

Wingara AG Days Inventory Related Terms

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

Wingara AG (ASX:WNR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Wingara AG Ltd (ASX:WNR) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Oxley Road Hawthorn, Level 1, Laverton, VIC, AUS, 3122

Website

https://www.wingaraag.com.au

Wingara AG Ltd operates as a processor and marketer of agricultural products in Australia. The Group operates in two segments: Acting as a processor and marketer of agricultural products (fodder business) and also Acting as a service provider for manufacturers, providing temperature-controlled facilities, blast freezing, storage, and distribution. The company generates maximum revenue from the fodder business.