IGSC (IGS Capital Group) Days Inventory: 35.95 (As of Dec. 2017)


What is IGS Capital Group Days Inventory?

IGS Capital Group IGSC -11.20% Days Inventory is 35.95 as of Dec. 2017.

Days Inventory is also known as Days Sales of Inventory (DSI). IGS Capital Group's Average Total Inventories for the three months ended in Dec. 2017 was $0.03 Mil. IGS Capital Group's Cost of Goods Sold for the three months ended in Dec. 2017 was $0.07 Mil. Hence, IGS Capital Group's Days Inventory for the three months ended in Dec. 2017 was 35.95.

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

IGSC's Days Inventory is not ranked *
in the Building Materials industry.
Industry Median: 90.06
* Ranked among companies with meaningful Days Inventory only.

IGS Capital Group's Days Inventory increased from Dec. 2016 (0.00) to Dec. 2017 (35.95). It might indicate that IGS Capital Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. IGS Capital Group's Inventory Turnover for the three months ended in Dec. 2017 was 2.54.

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. IGS Capital Group's Inventory-to-Revenue for the three months ended in Dec. 2017 was 0.34.

IGS Capital Group  (OTCPK:IGSC) 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.

IGS Capital Group's Inventory Turnover for the three months ended in Dec. 2017 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.066 / 0.026
=2.54

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.

IGS Capital Group's Inventory to Revenue for the three months ended in Dec. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.026 / 0.077
=0.34

* 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.

IGS Capital Group Days Inventory Related Terms

IGS Capital Group Days Inventory Historical Data

* Premium members only.

The historical data trend for IGS Capital 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.

IGS Capital Group Days Inventory Chart

IGS Capital Group Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 111.65

IGS Capital Group Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 0.00 0.00 0.00 0.00 35.95

IGSC vs PUSH, IFMK, HWIN: Days Inventory Comparison

For the Building Materials subindustry, IGS Capital 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.

IGS Capital Group Days Inventory vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, IGS Capital Group's Days Inventory distribution charts can be found below:

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


IGS Capital Group Days Inventory Calculation

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

IGS Capital Group's Days Inventory for the fiscal year that ended in Dec. 2017 is calculated as

Days Inventory (A: Dec. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2016 ) + Total Inventories (A: Dec. 2017 )) / count ) / Cost of Goods Sold (A: Dec. 2017 )*Days in Period
=( (0 + 0.026) / 1 ) / 0.085*365
=0.026 / 0.085*365
=111.65

IGS Capital Group's Days Inventory for the quarter that ended in Dec. 2017 is calculated as:

Days Inventory (Q: Dec. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2017 ) + Total Inventories (Q: Dec. 2017 )) / count ) / Cost of Goods Sold (Q: Dec. 2017 )*Days in Period
=( (0 + 0.026) / 1 ) / 0.066*365 / 4
=0.026 / 0.066*365 / 4
=35.95

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 35.95 mean?
IGS Capital Group (IGSC) has a Days Inventory of 35.95 as of Dec. 2017. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on IGS Capital Group and its competitors.
Is IGS Capital Group's Days Inventory too high?
IGS Capital Group's current Days Inventory is 35.95. The Building Materials industry median Days Inventory is 90.06. IGS Capital Group's value of 35.95 is 60.1% below this industry median.
How does IGS Capital Group's Days Inventory compare to PUSH and IFMK?
IGS Capital Group's Days Inventory of 35.95 can be compared against companies in the Building Materials industry. The industry median Days Inventory is 90.06. IGS Capital Group's value of 35.95 is 60.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Building Materials company?
The median Days Inventory among Building Materials companies is 90.06, based on 391 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IGS Capital Group's current Days Inventory of 35.95 is 60.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on IGS Capital Group and its competitors. For the Building Materials industry, the median Days Inventory is 90.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IGS Capital Group's current Days Inventory is 35.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGS Capital Group stock overvalued right now?
IGS Capital Group (IGSC) has a current Days Inventory of 35.95. The current Days Inventory is 35.95 and 60.1% below the Building Materials industry median of 90.06. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For IGS Capital Group (IGSC), the current Days Inventory is 35.95 as of Dec. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

IGS Capital Group Business Description

Address 7121 West Craig Road, Suite 113 PMB 1010, Las Vegas, NV, USA, 89129
IGS Capital Group Ltd operates through its subsidiary, which is engaged in the manufacturing of plastic pipes for various uses such was drinking water, storm and sewer.