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Harworth Group (Harworth Group) Days Inventory : 877.35 (As of Dec. 2023)


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What is Harworth Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Harworth Group's Average Total Inventories for the six months ended in Dec. 2023 was $307.12 Mil. Harworth Group's Cost of Goods Sold for the six months ended in Dec. 2023 was $63.88 Mil. Hence, Harworth Group's Days Inventory for the six months ended in Dec. 2023 was 877.35.

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

HWGLF' s Days Inventory Range Over the Past 10 Years
Min: 15.93   Med: 1075.25   Max: 1456.51
Current: 1422.08

During the past 13 years, Harworth Group's highest Days Inventory was 1456.51. The lowest was 15.93. And the median was 1075.25.

HWGLF's Days Inventory is ranked worse than
71.61% of 1328 companies
in the Real Estate industry
Industry Median: 699.495 vs HWGLF: 1422.08

Harworth Group's Days Inventory increased from Dec. 2022 (753.63) to Dec. 2023 (877.35). It might indicate that Harworth Group's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Harworth Group's Inventory Turnover for the six months ended in Dec. 2023 was 0.21.

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. Harworth Group's Inventory-to-Revenue for the six months ended in Dec. 2023 was 4.48.


Harworth Group Days Inventory Historical Data

The historical data trend for Harworth 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.

Harworth Group Days Inventory Chart

Harworth Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,287.82 1,178.38 1,081.11 899.51 1,431.68

Harworth Group 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 589.16 874.34 753.63 4,097.35 877.35

Competitive Comparison of Harworth Group's Days Inventory

For the Real Estate - Development subindustry, Harworth 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.


Harworth Group's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Harworth Group's Days Inventory distribution charts can be found below:

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



Harworth Group Days Inventory Calculation

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

Harworth Group'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
=( (263.572 + 333.004) / 2 ) / 76.047*365
=298.288 / 76.047*365
=1,431.68

Harworth 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
=( (281.23 + 333.004) / 2 ) / 63.884*365 / 2
=307.117 / 63.884*365 / 2
=877.35

* 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.


Harworth Group  (OTCPK:HWGLF) 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.

Harworth 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.

Harworth 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.


Harworth Group Days Inventory Related Terms

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


Harworth Group (Harworth Group) Business Description

Traded in Other Exchanges
Address
Poplar Way, Advantage House, Catcliffe, Rotherham, South Yorks, GBR, S60 5TR
Harworth Group PLC operates as a brownfield regeneration company in the North of England and the Midlands. It is organized into two operating segments. The Income Generation segment focuses on generating rental returns from the business space portfolio, rental returns and royalties from energy generation, environmental technologies and the agricultural portfolio, and income-generating streams from recycled aggregates and secondary coal products. The Capital Growth segment focuses on delivering value by developing the underlying portfolio and includes planning and development activity, value engineering, proactive asset management, and strategic land acquisitions. It generates a vast majority of its revenues from the sale of development properties.

Harworth Group (Harworth Group) Headlines

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