GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Nature Wood Group Ltd (NAS:NWGL) » Definitions » Days Inventory

Nature Wood Group (Nature Wood Group) Days Inventory : 0.00 (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Nature Wood Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nature Wood Group's Average Total Inventories for the three months ended in Dec. 2023 was $9.86 Mil. Nature Wood Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.00 Mil.

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

NWGL' s Days Inventory Range Over the Past 10 Years
Min: 121.95   Med: 128.13   Max: 275.42
Current: 275.42

During the past 4 years, Nature Wood Group's highest Days Inventory was 275.42. The lowest was 121.95. And the median was 128.13.

NWGL's Days Inventory is ranked worse than
89.53% of 277 companies
in the Forest Products industry
Industry Median: 89.91 vs NWGL: 275.42

Nature Wood Group's Days Inventory stayed the same from Jun. 2022 (0.00) to Dec. 2023 (0.00).

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. Nature Wood Group's Inventory Turnover for the three months ended in Dec. 2023 was 0.00.

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.


Nature Wood Group Days Inventory Historical Data

The historical data trend for Nature Wood 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.

Nature Wood Group Days Inventory Chart

Nature Wood Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
132.19 121.95 124.06 171.39

Nature Wood Group Quarterly Data
Dec20 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial - 101.67 167.89 - -

Competitive Comparison of Nature Wood Group's Days Inventory

For the Lumber & Wood Production subindustry, Nature Wood 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.


Nature Wood Group's Days Inventory Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Nature Wood Group's Days Inventory distribution charts can be found below:

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



Nature Wood Group Days Inventory Calculation

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

Nature Wood 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
=( (13.128 + 8.539) / 2 ) / 23.072*365
=10.8335 / 23.072*365
=171.39

Nature Wood 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
=( (11.173 + 8.539) / 2 ) / 0*365 / 4
=9.856 / 0*365 / 4
=N/A

* 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.


Nature Wood Group  (NAS:NWGL) 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.

Nature Wood Group's Inventory Turnover for the three 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.

Nature Wood Group's Inventory to Revenue for the three 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.


Nature Wood Group Days Inventory Related Terms

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


Nature Wood Group (Nature Wood Group) Business Description

Traded in Other Exchanges
N/A
Address
Avenida da Amizade No. 1287, Chong Fok Centro Comercial 13 E, Macau S.A.R., MAC
Nature Wood Group Ltd is a vertically-integrated forestry company that focuses on FSC business operations, with facilities located in Peru. It produces various products, including logs, decking, flooring, sawn timber, recycled charcoal, synthesized charcoal, machine-made charcoal, and essential oils. The Group owns natural forest concessions and cutting rights for exploiting timbers on parcels of land in Peru. The Group is organized into two operating divisions - Direct Purchase and Original Design Manufacturer (ODM) Services, and Manufacturing segments. The Direct Purchase and ODM Segment that derives the majority of revenue engages in the business of sourcing live wood and owning designed designs on wood products for sales to end customers.